Concern that Bitcoin from Long-Term Holders will be Deposited into Exchanges
“Situation this week shows that BlackRock's net inflows of Bitcoin are consistently hitting record lows. If this is just temporary, then there may not be any issues. However, if it persists, there is a possibility that long-term holders may start depositing Bitcoin into exchanges in the same way as before.” – Link
By Mignolet | @cryptoquant_official
“Situation this week shows that BlackRock's net inflows of Bitcoin are consistently hitting record lows. If this is just temporary, then there may not be any issues. However, if it persists, there is a possibility that long-term holders may start depositing Bitcoin into exchanges in the same way as before.” – Link
By Mignolet | @cryptoquant_official
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March has Seen $913M in Net ETH Transfers to CEXs
“Despite March not yet drawing to a close, it's already set a new benchmark as the month with the most significant netflow movement of Ethereum to Centralized Exchanges since June 2022.” – Link
By OnChainSchool | @cryptoquant_official
“Despite March not yet drawing to a close, it's already set a new benchmark as the month with the most significant netflow movement of Ethereum to Centralized Exchanges since June 2022.” – Link
By OnChainSchool | @cryptoquant_official
BTC Movement over the Past 6 Months as Seen through CDD Indicators
“This pattern closely resembles the movement seen during the latter half of 2020, when the previous bull market began in earnest.” – Link
By Yonsei_dent | @cryptoquant_official
“This pattern closely resembles the movement seen during the latter half of 2020, when the previous bull market began in earnest.” – Link
By Yonsei_dent | @cryptoquant_official
Long-Term Investor Behaviour
“As we can see in the chart, the Bitcoin long-term holder SOPR (EMA 144) had more spikes since the beginning of March, which means that investors took some profits on the way as the price reached new highs.” – Link
By SimonaD | @cryptoquant_official
“As we can see in the chart, the Bitcoin long-term holder SOPR (EMA 144) had more spikes since the beginning of March, which means that investors took some profits on the way as the price reached new highs.” – Link
By SimonaD | @cryptoquant_official
Binance Flushed, Bitmex Holding
“Believe that it signals that high leveraged traders are all flushed and we have a better chance of going higher.” – Link
By BQYoutube | @cryptoquant_official
“Believe that it signals that high leveraged traders are all flushed and we have a better chance of going higher.” – Link
By BQYoutube | @cryptoquant_official
Returning to Positive
“The Coinbase Premium Index is now at a premium once again, indicating that U.S. retail and institutions are buying once more. In yesterday's trading session, the Bitcoin spot ETFs broke a five-day streak of outflows by seeing a net inflow of about $15.7 million.” – Link
By MadsEberhardt_Steno | @cryptoquant_official
“The Coinbase Premium Index is now at a premium once again, indicating that U.S. retail and institutions are buying once more. In yesterday's trading session, the Bitcoin spot ETFs broke a five-day streak of outflows by seeing a net inflow of about $15.7 million.” – Link
By MadsEberhardt_Steno | @cryptoquant_official
Bitcoin's demand is soaring, while sell-side liquidity dips, pushing liquid inventory to unprecedented lows.
It's estimated that Bitcoin's current sell-side liquidity inventory will only meet current demand growth for the next 12 months, considering only accumulating addresses.
Bitcoin Demand & Sell-side Liquidity Dashboard | @cryptoquant_official
It's estimated that Bitcoin's current sell-side liquidity inventory will only meet current demand growth for the next 12 months, considering only accumulating addresses.
Bitcoin Demand & Sell-side Liquidity Dashboard | @cryptoquant_official
Mass Stablecoin Withdrawals on Kucoin Exchange
“The exchange's reserves, in stablecoins, have decreased by more than US$100 million in the last 3 hours.” – Link
By caueconomy | @cryptoquant_official
“The exchange's reserves, in stablecoins, have decreased by more than US$100 million in the last 3 hours.” – Link
By caueconomy | @cryptoquant_official
Explore Bitcoin's next-level features with Dan Held!
Learn about how Layer 2 is changing the game for Bitcoin, making it faster and ready for the future. This is your chance to level up your knowledge on Layer 2s in our interactive webinar. Join us!
🗓 Date: March 28th
🕛 Time: 12pm ET
Register Now | @cryptoquant_official
Learn about how Layer 2 is changing the game for Bitcoin, making it faster and ready for the future. This is your chance to level up your knowledge on Layer 2s in our interactive webinar. Join us!
🕛 Time: 12pm ET
Register Now | @cryptoquant_official
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Robust Accumulation by Bitcoin Short-term Holders
“Based on this metric, now 50% of the realized Bitcoin cap belongs to short-term holders, who tend to hold onto their Bitcoins for longer periods.” – Link
By Crazzyblockk | @cryptoquant_official
“Based on this metric, now 50% of the realized Bitcoin cap belongs to short-term holders, who tend to hold onto their Bitcoins for longer periods.” – Link
By Crazzyblockk | @cryptoquant_official
Exchange Stablecoins Ratio at the lowest level since March 2023
“This issue shows the possibility of break-up of the swing range at the same time as halving.” – Link
By OnChained | @cryptoquant_official
“This issue shows the possibility of break-up of the swing range at the same time as halving.” – Link
By OnChained | @cryptoquant_official
2024 sees Bitcoin demand surge from 40K to 213K monthly, driven by ETF buys and whale activity, while supply tightens to 2.7 million. This crunch points to rising prices but also hints at a volatile market ahead.
• ETFs & Whales Boost Demand: ETF holdings rise, whales accumulate, stressing the supply further.
• Supply at a Low: Visible Bitcoin at its lowest, highlighting a severe liquidity squeeze.
• Grayscale's Role: With significant redemptions, Grayscale's holdings impact sell-side liquidity, marking a critical low since February 2018.
In this liquidity crunch, expect potential short-term price spikes but prepare for the volatility.
View our weekly report for all the insights.
Weekly Report | @cryptoquant_official
• ETFs & Whales Boost Demand: ETF holdings rise, whales accumulate, stressing the supply further.
• Supply at a Low: Visible Bitcoin at its lowest, highlighting a severe liquidity squeeze.
• Grayscale's Role: With significant redemptions, Grayscale's holdings impact sell-side liquidity, marking a critical low since February 2018.
In this liquidity crunch, expect potential short-term price spikes but prepare for the volatility.
View our weekly report for all the insights.
Weekly Report | @cryptoquant_official
Forwarded from CryptoQuant
Explore Bitcoin's next-level features with Dan Held!
Learn about how Layer 2 is changing the game for Bitcoin, making it faster and ready for the future. This is your chance to level up your knowledge on Layer 2s in our interactive webinar. Join us!
🗓 Date: March 28th
🕛 Time: 12pm ET
Register Now | @cryptoquant_official
Learn about how Layer 2 is changing the game for Bitcoin, making it faster and ready for the future. This is your chance to level up your knowledge on Layer 2s in our interactive webinar. Join us!
🕛 Time: 12pm ET
Register Now | @cryptoquant_official
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Pump Incoming? Highest USDC Inflow ever
“This sizable deposit signals potentially significant buying pressure, as these stablecoins can be utilized to purchase bitcoin.” – Link
By maartunn | @cryptoquant_official
“This sizable deposit signals potentially significant buying pressure, as these stablecoins can be utilized to purchase bitcoin.” – Link
By maartunn | @cryptoquant_official
The Second Biggest Bitcoin Outflow From Coinbase in A Week
“In a week there were 2 different two huges outflows. The first one is about 16.8K and the second one 17K.” – Link
By burakkesmeci | @cryptoquant_officia
“In a week there were 2 different two huges outflows. The first one is about 16.8K and the second one 17K.” – Link
By burakkesmeci | @cryptoquant_officia