Longest Miner Consolidation/Accumulation Period since $16k Bitcoin
“With ETF flows rising, and odds increasing of a rate cut in Q4, miners are likely accumulating in anticipation of higher prices to sell into.” – Link
By Papi | @cryptoquant_official
“With ETF flows rising, and odds increasing of a rate cut in Q4, miners are likely accumulating in anticipation of higher prices to sell into.” – Link
By Papi | @cryptoquant_official
Movements of large whales in the range of 1k to 10k
“Typically provide significant downward volatility to the market, have not been consistently participating in this current uptrend cycle. (Green box)” – Link
By Mignolet | @cryptoquant_official
“Typically provide significant downward volatility to the market, have not been consistently participating in this current uptrend cycle. (Green box)” – Link
By Mignolet | @cryptoquant_official
Implications of High Profit Levels and Sentiment Thresholds
“We are approaching the 'grey line', which serves as the optimism/pessimism threshold for the crypto market.” – Link
By Kripto Mevsimi | @cryptoquant_official
“We are approaching the 'grey line', which serves as the optimism/pessimism threshold for the crypto market.” – Link
By Kripto Mevsimi | @cryptoquant_official
Bitcoin’s demand is decreasing & supply has halved. What does this mean for the market?
Join our Liquid Lunch webinar on May 13, 6:30 PM ET. With expert speakers Jamie Coutts from Real Vision and CryptoQuant’s Garrett Paymon and Julio Moreno, we’ll dissect this.
Dive into market liquidity, institutional impacts & BTC demand. Don't miss out—spots are limited!
Register Now | @cryptoquant_official
Join our Liquid Lunch webinar on May 13, 6:30 PM ET. With expert speakers Jamie Coutts from Real Vision and CryptoQuant’s Garrett Paymon and Julio Moreno, we’ll dissect this.
Dive into market liquidity, institutional impacts & BTC demand. Don't miss out—spots are limited!
Register Now | @cryptoquant_official
The Power of Spent Output Value Bands
“It's possible to observe an increase in the frequency of large transactions when the Bitcoin price rises. This suggests that major market players are moving their coins during bullish periods to realize profits.” – Link
By joaowedson | @cryptoquant_official
“It's possible to observe an increase in the frequency of large transactions when the Bitcoin price rises. This suggests that major market players are moving their coins during bullish periods to realize profits.” – Link
By joaowedson | @cryptoquant_official
Segmentation of Short Term Holder's NUPL
“From the chart, it's apparent that the NUPL for traders has recently dipped into negative territory, signaling a rise in fear within this cohort.” – Link
By onchained | @cryptoquant_official
“From the chart, it's apparent that the NUPL for traders has recently dipped into negative territory, signaling a rise in fear within this cohort.” – Link
By onchained | @cryptoquant_official
Difference in money inflow between past and current bull cycle
“The current short-term money inflow situation is significantly smaller than the peak of the past bull cycle.” – Link
By Crypto Dan | @cryptoquant_official
“The current short-term money inflow situation is significantly smaller than the peak of the past bull cycle.” – Link
By Crypto Dan | @cryptoquant_official
Ethereum: The Death of “Ultra Sound” Money
The Dencun upgrade has made ETH inflationary again, sparking debates about the future of the "Ultra Sound" money narrative. Let’s dive into the details.
"Ultrasound money" suggests Ethereum could be a superior form of "sound money" compared to Bitcoin, aiming to decrease its supply over time through strategic upgrades like EIP-1559 and The Merge. Post-Merge, Ethereum seemed aligned with this narrative, even showing a slight reduction in total ETH supply.
However, the Dencun upgrade presents new challenges by reducing transaction fees and the ETH burn rate, leading to an increase in supply. This upgrade has decoupled Ethereum's transaction fees from network activity, reducing the burn rate even amid high activity.
While this results in lower user fees, it complicates the deflationary mechanism set by The Merge, now requiring significantly increased network activity to maintain deflation.
See our latest report for more!
Special Crypto Report | @cryptoquant_official
The Dencun upgrade has made ETH inflationary again, sparking debates about the future of the "Ultra Sound" money narrative. Let’s dive into the details.
"Ultrasound money" suggests Ethereum could be a superior form of "sound money" compared to Bitcoin, aiming to decrease its supply over time through strategic upgrades like EIP-1559 and The Merge. Post-Merge, Ethereum seemed aligned with this narrative, even showing a slight reduction in total ETH supply.
However, the Dencun upgrade presents new challenges by reducing transaction fees and the ETH burn rate, leading to an increase in supply. This upgrade has decoupled Ethereum's transaction fees from network activity, reducing the burn rate even amid high activity.
While this results in lower user fees, it complicates the deflationary mechanism set by The Merge, now requiring significantly increased network activity to maintain deflation.
See our latest report for more!
Special Crypto Report | @cryptoquant_official
Coinbase Premium Trend Says 'Wait and See' Now
“If the historical pattern repeats itself, we may have a better chance of success if we wait a bit longer and invest on the rebound after the trend turns negative.” – Link
By SignalQuant | @cryptoquant_official
“If the historical pattern repeats itself, we may have a better chance of success if we wait a bit longer and invest on the rebound after the trend turns negative.” – Link
By SignalQuant | @cryptoquant_official
Uncertainty Surrounding 0.50 NUPL Support Zone Ahead of US Inflation Data
“Whether the 0.50 support zone will break down with the US inflation data and cause a decline in the price, or whether it will be considered as a buying opportunity.” – Link
By tugbachain | @cryptoquant_official
“Whether the 0.50 support zone will break down with the US inflation data and cause a decline in the price, or whether it will be considered as a buying opportunity.” – Link
By tugbachain | @cryptoquant_official
Bitcoin - Focus on Supply and Demand
“Given these dynamics, it becomes challenging to maintain a bearish stance on Bitcoin.” – Link
By Kirill Evans | @cryptoquant_official
“Given these dynamics, it becomes challenging to maintain a bearish stance on Bitcoin.” – Link
By Kirill Evans | @cryptoquant_official
🚀 Going Live in One Hour!
Join us today to dive deep into Bitcoin's market dynamics!
Here’s what you’ll learn:
📊 Market Liquidity Analysis: Insights on trading volumes and market depth.
🏢 Institutional Investments Impact: How institutional activities shape Bitcoin demand.
🔍 Supply Shortage Analysis: Effects of supply shortages on Bitcoin’s pricing.
Don’t miss insights from Jamie Coutts and the CryptoQuant team. Limited spots available!
Register Now | @cryptoquant_official
Join us today to dive deep into Bitcoin's market dynamics!
Here’s what you’ll learn:
📊 Market Liquidity Analysis: Insights on trading volumes and market depth.
🏢 Institutional Investments Impact: How institutional activities shape Bitcoin demand.
🔍 Supply Shortage Analysis: Effects of supply shortages on Bitcoin’s pricing.
Don’t miss insights from Jamie Coutts and the CryptoQuant team. Limited spots available!
Register Now | @cryptoquant_official
What is the market waiting for?
“Current market structure, including factors like profitability, leverage, and the age distribution of coins, suggests there's potential for a more expressive rally within this cycle.” – Link
By Gustavo Faria | @cryptoquant_official
“Current market structure, including factors like profitability, leverage, and the age distribution of coins, suggests there's potential for a more expressive rally within this cycle.” – Link
By Gustavo Faria | @cryptoquant_official
TON is among the best-performing layer 1 blockchains in 2024
“Since the beginning of 2024 TON has outperformed bitcoin by 118% while other popular layer-one chains have struggled to find strength.” – Link
By CQBen | @cryptoquant_official
“Since the beginning of 2024 TON has outperformed bitcoin by 118% while other popular layer-one chains have struggled to find strength.” – Link
By CQBen | @cryptoquant_official
Miners Capitulation? Hash Ribbons Says Yes
“Periods of rapid declines in the hashrate are marked in green on the bitcoin price chart below, often indicating "miner capitulation.” – Link
By maartunn | @cryptoquant_official
“Periods of rapid declines in the hashrate are marked in green on the bitcoin price chart below, often indicating "miner capitulation.” – Link
By maartunn | @cryptoquant_official
16,021 Bitcoin Outflow from Coinbase
“This is the seventh time in 2024 that there has been a outflow of more than 15,000 Bitcoin” – Link
By burakkesmeci | @cryptoquant_official
“This is the seventh time in 2024 that there has been a outflow of more than 15,000 Bitcoin” – Link
By burakkesmeci | @cryptoquant_official