Glassnode | ForkLog

ForkLog 6 12.02.2025

Glassnode Highlights Divergence Between Bitcoin and Altcoin Cycles

Despite Bitcoin’s sharp correction at the start of last week, bulls generally maintain control. For altcoins, the price plunge likely marked a bear market event, according to Glassnode experts. The digital asset market has encountered tumultuous waters in recent weeks, with investors experiencing sharp price falls, and locking in substantial losses. The Altcoin space was […]

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ForkLog 10 04.02.2025

CryptoQuant Highlights Market ‘Cleansing’ from Excessive Leverage

The last time such large-scale derivatives liquidations and a sharp reversal of the growing open interest trend were recorded was in August 2023, according to analysts at CryptoQuant. Experts noted that the situation clearly demonstrated the size of the investor group that was confident and full of positive expectations. Amid falling prices and worsening sentiment, […]

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ForkLog 13 31.01.2025

Glassnode Compares Current Bitcoin Bull Run to Previous Cycles

The current bitcoin bull market is less robust than its predecessors but shows similarities to the events of 2015-2018, leaving room for acceleration in the foreseeable future, according to Glassnode. Experts analyzed the price dynamics of the leading cryptocurrency relative to cycle lows and identified a decrease in the pace of price increases with each […]

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ForkLog 22 30.01.2025

Analyst Identifies Critical Level for Bitcoin’s Bull Run Continuation

The key support for the price of the leading cryptocurrency is positioned at $97,877, where over 101,000 BTC have been transferred into wallets. Maintaining above this level is crucial for preserving the bullish momentum, according to analyst Ali Martinez. The key support level for #Bitcoin is at $97,877, where more than 101,000 $BTC were accumulated. […]

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ForkLog 14 28.01.2025

Bitcoin ETF Sees $457.5 Million Daily Outflow

On January 27, the outflow from spot Bitcoin exchange-traded funds reached a two-week high of $457.5 million. In the preceding seven days, investors had poured $4.22 billion into these instruments. Data: SoSoValue. Glassnode noted that around 5,000 BTC were withdrawn from ETFs, which is significantly less than the record outflow on January 10 (11,600 BTC). […]

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ForkLog 47 23.01.2025

Glassnode Observes Bitcoin Holders Resuming Accumulation

Following a sharp sell-off at the $100,000 level, the number of bitcoins held by long-term investors has begun to rise. These changes were recorded by Glassnode. Also, Long-Term Holders (LTH) show signs of returning to accumulation. After a steep sell-off at $100k, LTH supply is now trending upward. A similar trend was observed after the […]

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ForkLog 16 11.01.2025

Glassnode: long-term holders keep selling bitcoin, but at a slower pace

Even with prices about 12% below ATH, long-term holders of the first cryptocurrency (LTHs) are still distributing, but at a slower pace, Glassnode analysts wrote. Even at prices about 12% below ATH, #Bitcoin Long-Term Holders (LTHs) are still distributing, but at a slower rate. Yet, the 30-day percent change in LTH supply suggests that the […]

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ForkLog 15 09.01.2025

Glassnode spots fading speculative momentum in bitcoin futures

Open interest in futures on the first cryptocurrency shows “declining speculative momentum”, Glassnode analysts observed.

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ForkLog 59 26.12.2024

Bitcoin and Solana Trading Volumes Hit Record Highs

Solana’s turnover in November reached a record $243 billion. The blockchain has taken a leading position with 132 million active users. An expert noted the formation of a “bullish pullback” pattern as an entry point for long positions. In November, Bitcoin and Solana trading volumes reached record highs of $2.2 trillion and $243 billion, respectively. […]

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ForkLog 11 19.12.2024

Glassnode Identifies Signs of a Late Bull Market Stage

A sharp increase in the “network wealth” of new Bitcoin investors, coupled with active coin distribution by hodlers, indicates a transition to the late stage of a bull market, according to Glassnode. #Bitcoin continues trading above the psychologically important $100k price level, supported by a consistent inflow of capital. Long-Term Holders are capitalizing on this […]

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ForkLog 30 12.12.2024

Glassnode Charts Bitcoin’s Path to the Iconic $100,000 Mark

From the genesis block to breaching the $100,000 mark, the Bitcoin network has processed 1.12 billion transactions worth $131.25 trillion, evolving from a “small corner of the internet into a part of the global financial infrastructure.” Glassnode has outlined the milestones of this “journey.” #Bitcoin crossing $100K is a monumental milestone in its evolution into […]

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ForkLog 7 10.12.2024

Experts Observe Increased Movement of ‘Old Bitcoins’

At the moment of reaching the ATH on December 5, significant transfers from hodlers were observed, which could have caused a sharp drop to $90,500, according to CryptoQuant. Subsequently, quotes returned to the $102,000 area, but on-chain activity intensified again, indicating a trend towards continued selling pressure, specialists noted. Glassnode analysts identified the $99,559 mark […]

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