New Demand Wave?
“One of the drivers of this movement has been strong demand through ETFs, with net inflows of approximately $1.2 billion over the last week.” – Link
By Gustavo Faria | @cryptoquant_official
“One of the drivers of this movement has been strong demand through ETFs, with net inflows of approximately $1.2 billion over the last week.” – Link
By Gustavo Faria | @cryptoquant_official
This media is not supported in your browser
VIEW IN TELEGRAM
Dive into the dynamics of supply and demand in the crypto space!
In this episode, we focus on the intricacies of Ethereum and Bitcoin with expert insights from Jamie Coutts.
Don’t miss out on this in-depth analysis and macro view of the crypto market.
👉 Watch the full episode on YouTube
@cryptoquant_official
In this episode, we focus on the intricacies of Ethereum and Bitcoin with expert insights from Jamie Coutts.
Don’t miss out on this in-depth analysis and macro view of the crypto market.
👉 Watch the full episode on YouTube
@cryptoquant_official
Ethereum Futures Market Sentiment Analysis
“This upward trend in the Taker Buy Sell Ratio indicates a potential shift in market dynamics. If the ratio continues to rise, it may signal a reduction in aggressive selling pressure.” – Link
By ShayanBTC | @cryptoquant_official
“This upward trend in the Taker Buy Sell Ratio indicates a potential shift in market dynamics. If the ratio continues to rise, it may signal a reduction in aggressive selling pressure.” – Link
By ShayanBTC | @cryptoquant_official
TON Blockchain Becomes More Decentralized!
“A decline in the Gini coefficient over time on the TON blockchain can indicate a more equitable distribution of wealth among TON token holders.” – Link
By joaowedson | @cryptoquant_official
“A decline in the Gini coefficient over time on the TON blockchain can indicate a more equitable distribution of wealth among TON token holders.” – Link
By joaowedson | @cryptoquant_official
This week we’ve witnessed Ethereum surge over 22% in anticipation of ETF approval, marked by a significant short squeeze and substantial buying activity. Here’s the detailed analysis and essential data you need to know:
The ETH futures market has shown remarkable activity, with total open interest surging to 3.2 million ETH—its highest point since January 2023, valued at $11.7 billion. This rise is primarily driven by dominant buy orders, which have propelled prices upwards and contributed to the largest hourly liquidation of the year, involving 9.3K ETH.
Investor preference for Ethereum over Bitcoin is evident as the ETH-BTC Open Interest ratio increased from 0.54 to 0.67. The narrowing of the ETHE fund discount to 17%, the lowest in two months, also suggests a bullish outlook, pending ETF approval.
Significant activity from permanent holders has also been a key factor, with purchases exceeding 100K ETH, marking the highest daily level since September 2023. Furthermore, a notable 62K ETH has flowed into exchanges, indicating potential price volatility ahead.
Encouragingly, the volume of staked ETH has rebounded to 32.5 million, showcasing renewed investor confidence, which is crucial as the market anticipates potential shifts depending on the ETF approval outcome.
For all the latest updates and live data, check out our weekly crypto report.
@cryptoquant_official
The ETH futures market has shown remarkable activity, with total open interest surging to 3.2 million ETH—its highest point since January 2023, valued at $11.7 billion. This rise is primarily driven by dominant buy orders, which have propelled prices upwards and contributed to the largest hourly liquidation of the year, involving 9.3K ETH.
Investor preference for Ethereum over Bitcoin is evident as the ETH-BTC Open Interest ratio increased from 0.54 to 0.67. The narrowing of the ETHE fund discount to 17%, the lowest in two months, also suggests a bullish outlook, pending ETF approval.
Significant activity from permanent holders has also been a key factor, with purchases exceeding 100K ETH, marking the highest daily level since September 2023. Furthermore, a notable 62K ETH has flowed into exchanges, indicating potential price volatility ahead.
Encouragingly, the volume of staked ETH has rebounded to 32.5 million, showcasing renewed investor confidence, which is crucial as the market anticipates potential shifts depending on the ETF approval outcome.
For all the latest updates and live data, check out our weekly crypto report.
@cryptoquant_official
Puell Multiple reaches the Discount range after a year
“Investors may interpret the fall in the Puell Multiple as a sign that the market is adjusting to a new phase of scarcity, potentially preparing for a rally.” – Link
By G a a h | @cryptoquant_official
“Investors may interpret the fall in the Puell Multiple as a sign that the market is adjusting to a new phase of scarcity, potentially preparing for a rally.” – Link
By G a a h | @cryptoquant_official
Bitcoin: The whales’ appetite for buying returns
“They are now returning with a strong buying force again, indicating that the current prices are suitable for purchasing and accumulating despite the widespread fear.” – Link
By abramchart | @cryptoquant_official
“They are now returning with a strong buying force again, indicating that the current prices are suitable for purchasing and accumulating despite the widespread fear.” – Link
By abramchart | @cryptoquant_official
Surge in High-Value Transactions on TON Network
“Transactions exceeding $1M USD dominate the on-chain volume of TON.” – Link
By joaowedson | @cryptoquant_official
“Transactions exceeding $1M USD dominate the on-chain volume of TON.” – Link
By joaowedson | @cryptoquant_official
The Bitcoin bull market is still not over
“In past bull markets, MVRV peaked at 4.83 and 3.97, and currently has only reached 2.78. It has still not entered the overvalued zone and further rises can be expected.” – Link
By Crypto Dan | @cryptoquant_official
“In past bull markets, MVRV peaked at 4.83 and 3.97, and currently has only reached 2.78. It has still not entered the overvalued zone and further rises can be expected.” – Link
By Crypto Dan | @cryptoquant_official
Ethereum is surpassing, is altcoin season approaching?
“If Ethereum’s price continues to consolidate in the current range, it’s very possible that the altcoin season will start sooner than expected.” – Link
By abramchart | @cryptoquant_official
“If Ethereum’s price continues to consolidate in the current range, it’s very possible that the altcoin season will start sooner than expected.” – Link
By abramchart | @cryptoquant_official
NOTCOIN has experienced a 34% increase in the last 24 hours and a 78% rise over the past week.
After its listing on Binance on May 16, NOTCOIN saw a surge in transaction volumes and active addresses, though prices and trading volumes soon declined, indicating initial excitement tapering off. Despite this, substantial accumulation by large holders suggests sustained confidence.
A significant 69.59% of NOTCOIN's airdrops were distributed through on-chain withdrawals, with 22.87% allocated to community incentives, demonstrating a strategy aimed at broad engagement.
Community incentives saw a major portion distributed through Binance (41.96%), enhancing user engagement across multiple platforms including OKX and Bybit.
This pattern of initial market overreaction followed by a correction, coupled with strategic holder accumulation and diversified incentive distribution, positions NOTCOIN for potential future recovery. – Link
CryptoQuant Degen | @cryptoquant_official
After its listing on Binance on May 16, NOTCOIN saw a surge in transaction volumes and active addresses, though prices and trading volumes soon declined, indicating initial excitement tapering off. Despite this, substantial accumulation by large holders suggests sustained confidence.
A significant 69.59% of NOTCOIN's airdrops were distributed through on-chain withdrawals, with 22.87% allocated to community incentives, demonstrating a strategy aimed at broad engagement.
Community incentives saw a major portion distributed through Binance (41.96%), enhancing user engagement across multiple platforms including OKX and Bybit.
This pattern of initial market overreaction followed by a correction, coupled with strategic holder accumulation and diversified incentive distribution, positions NOTCOIN for potential future recovery. – Link
CryptoQuant Degen | @cryptoquant_official
During bullish phases, it's common to observe LTHs offloading portions of their Bitcoin holdings as prices rise
“The 1-year+ and 2-year+ cohorts have ceased selling, transitioning from a distribution phase to a holding phase.” – Link
By onchained | @cryptoquant_official
“The 1-year+ and 2-year+ cohorts have ceased selling, transitioning from a distribution phase to a holding phase.” – Link
By onchained | @cryptoquant_official