Cryptocurrency Insight
On-chain data shows that Bitcoin’s “medium-term holders” are selling, which may explain why the price has dropped recently. Medium-term Bitcoin Holders Are Losing Their Supply Recently As pointed out by an analyst in a CryptoQuant post, a group of holders have been showing signs of Read More
On-chain data shows that the Bitcoin exchange reserve ratio for US platforms versus offshore platforms has continued to decline recently. Here’s what that tells us. Bitcoin’s FX Reserve Rate Has Been Falling for Some Time As explained by an analyst in a CryptoQuant post, the Read More
On-chain data shows that Bitcoin investors have shifted towards aggressive accumulation recently, something that could help sustain the rally longer. Bitcoin Accumulation Trend Score trended towards 1 recently According to data from on-chain analytics firm glassnode, there is a structural similarity brewing between the current Read More
Bitcoin dropped below $27,000 as short-term holders took their biggest profits since the November 2021 all-time high. Bitcoin short-term holder realized profit increased recently According to data from on-chain analytics firm glassnode, short-term holders recently took about $292 million in profits. The relevant indicator here Read More