On-Chain Analysis | ForkLog

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 25 29.01.2025

DeFi Resurgence Spurs 37% Increase in Active Ethereum Addresses

Since November 1, the number of active Ethereum addresses (7 DMA) has surged by 37%, from 420,000 to 575,000. The catalyst has been a renewed interest in DeFi from institutional investors, according to The Block. Data: The Block. During the same period, the daily number of transactions (7 DMA) jumped from 1.08 million to 1.31 […]

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ForkLog 42 25.01.2025

CryptoQuant: Bitcoin’s Rise Attributed to Major Investors

CryptoQuant analysts have determined that since the election of Donald Trump as President of the United States, Bitcoin has been supported by major investors.

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ForkLog 74 21.01.2025

Solana Achieves Record-Breaking Weekend Amidst Crypto Frenzy

On the eve of Donald Trump’s inauguration, daily trading volume on the DEX network of Solana surged to $27 billion, surpassing Ethereum’s $5 billion. These figures were highlighted by DeFi enthusiast and founder of Pink Brains studio, known as Ignas. Probably the craziest weekend in crypto. Here are 10 charts to visualize it: 1. Record-breaking […]

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ForkLog 57 21.01.2025

Linea Eliminates Over Half a Million Sybil Addresses Ahead of Airdrop

The Linea Association, established by ConsenSys to advance the eponymous Layer 2 network, has excluded 516,960 addresses from a total list of 1.29 million intended for the upcoming airdrop. Important update for the Linea community! We’ve partnered with @nansen_ai to conduct an additional sybil analysis on LXP holders. Here’s what you need to know:https://t.co/aaivZIN2oy — […]

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ForkLog 38 20.01.2025

Meme Coin Traders Ignite a Frenzied Weekend on Solana

The weekend of January 18-19, preceding the inauguration of U.S. President-elect Donald Trump, emerged as one of the most active periods in cryptocurrency history, particularly for the Solana ecosystem. The most significant factors were the meme coins TRUMP and MELANIA launched during this period. DeFi enthusiast and founder of the Pink Brains studio, known as […]

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ForkLog 22 10.01.2025

Malicious actors cost crypto more than $3bn in 2024

Losses from malicious activity in the crypto industry topped $3.01 billion in 2024, according to PeckShield. #PeckShieldAlert 2024 has witnessed a significant resurgence in crypto-related hacking activities. The total value of loss in 2024 has exceeded $3.01B, reflecting a ~15% increase over the $2.61B stolen in 2023. This total includes $2.15B stolen from crypto hacks […]

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ForkLog 22 10.01.2025

CryptoQuant spots a ‘buy-the-dip’ signal in bitcoin

Panic selling around $92,000 offers an attractive opportunity to accumulate digital gold. That is the conclusion at CryptoQuant. A drop in SOPR below the breakeven level of 1 signalled intensifying capitulation among speculative market participants. Pessimism was compounded by failed attempts to push the price back above $100,000. STH-SOPR dynamics. Data: CryptoQuant. «По мере снижения […]

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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 49 31.12.2024

Bitcoin Inflows to Exchanges Plummet to 2016 Levels

In the weeks leading up to the end of 2024, the daily number of BTC deposits on exchanges fell to 30,000. According to CryptoQuant analyst Alex Adler Jr., this may indicate an imminent rally for the leading cryptocurrency. Chart of the number of addresses depositing BTC to exchanges. Data: CryptoQuant. Current figures are three times […]

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ForkLog 31 26.12.2024

On-Chain Analyst Identifies Bitcoin’s Most Active Sellers

In November and December, market participants who purchased coins amid the approval and launch of spot ETFs in the US were the most active in offloading digital gold. These observations were shared by CryptoQuant contributor Yonsei_dent.

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