Bitcoin held by long-term holders hits new high
Long-term holders control a record 14.599 million BTC, representing 75% of the total cryptocurrency supply, according to Glassnode.Glassnode is a blockchain data and intelligence platform providing insights into cryptocurrency markets.
Bitcoin held by long-term holders hits new high
Long-term holders control a record 14.599 million BTC, representing 75% of the total cryptocurrency supply, according to Glassnode.
Analysts record a spike in DeFi token trading
In recent weeks DeFi tokens have outpaced the market. Experts at Glassnode linked this to retail-trader activity.
Analysts record a pullback among Bitcoin whales
Glassnode: since May 30, the aggregate balance of whale-held Bitcoin (addresses with 1,000 BTC or more, excluding exchange wallets) declined by 255,000 BTC.
Experts point to restart of Bitcoin’s accumulation phase
The balance of coins on the Bitcoin market is associated with the 'reaccumulation' phases in previous cycles. The latest cycles have been characterised by a lack of strong moves for several months, according to Glassnode.
Glassnode: Lido-led Ethereum staking gains traction after Shanghai upgrade
Glassnode: after the activation of the Shanghai upgrade in the Ethereum network, inflows to LSD protocols led by Lido Finance intensified.
Analysts report continued ‘hangover’ among Bitcoin investors.
Glassnode: by most measures of market activity, excitement among Bitcoin investors gives way to apathy, hodlers continue to accumulate coins.
Analysts weigh on-chain data in wake of SEC lawsuits against Binance and Coinbase
Glassnode: relatively low realization of profits and losses, coupled with a lack of reaction from holders, suggests investors' indifference to the SEC lawsuits against Binance and Coinbase.
Glassnode: Bitcoin miners sent $70m to exchanges over the week
From June 5 to 11, miners sent to exchanges digital gold worth $70.8 million.
Glassnode: SEC filing spurred 10,500 BTC outflow from Binance balances
Since the SEC filed charges against Binance, the exchange's Bitcoin balances have fallen by 10,500 BTC. Across the platform's history, there have been only 11 days when this figure was higher, according to Glassnode.
Analysts record a decline in risk appetite in the crypto market
Glassnode: low exchange volumes, the dominance of algorithmic trading in DeFi, and rising demand for USDT and BTC point to a preference for 'capital parking'.We use cookies to improve the quality of our service.
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