Bitcoin Retakes May Highs With Spike In On-Chain Activity
Anyone paying attention to Bitcoin in the past months will notice a subtle, but importance change in its fundamentals. As BTC’s price made its way back to May’s high, just… Read more »
Tag: OnChain
On-Chain Data Shows Bitcoin Investors Don’t Want To Sell At This Level
According to on-chain data, Bitcoin SOPR is still assuming flat values, indicating that investors are likely to not be willing to sell at this level. Bitcoin SOPR Stagnates, Despite Huge… Read more »
Bitcoin Bearish Signal: On-Chain Data Shows Whales Have Started Selling
On-chain data shows whale ratio has exceeded the 0.50 mark, historically a sign that whales are dumping in the short term. Bitcoin Whales Have Started Selling Their Coins As pointed… Read more »
On-Chain Metrics Turn Bullish for Bitcoin and Ethereum
Key Takeaways Bitcoin has seen a significant increase in idle tokens exchanging hands, which may lead to high volatility. The ETH supply on exchanges has plummeted, while prices sit in… Read more »
Three On-Chain Metrics Suggest FTX Price Will Break Out
Key Takeaways Approximately 36 whales have joined the FTT network over the past three days. Additionally, more than 1,400 addresses are now interacting with FTT tokens daily. As the network… Read more »
Two On-Chain Metrics to Time Dogecoin’s Next Move
Key Takeaways Dogecoin continues to consolidate in a tight range that is getting narrower over time. A daily candlestick close outside of the $0.26 to $0.17 price range could determine… Read more »
On-Chain Data Shows Bitcoin Whales Hold Fort Despite Recent Dips
On-chain data shows Bitcoin whales haven’t budged despite the recent dips, and are rather continuing to accumulate more. Whales Continue To Accumulate More Bitcoin As pointed out by a CryptoQuant… Read more »
Bitcoin On-Chain Data Reveals Why This Selloff Is Different From May’s Crash
Bitcoin on-chain data shows the exchange reserve indicator looks different for the current selloff when compared to the May crash. Bitcoin Spot Exchange Reserve Continues To Decline Despite The Huge… Read more »
As Ethereum Approaches $4k, On-chain Data Shows Rally Will Continue Even Higher
Even with Ethereum’s strong run where the coin has reached near $4k, on-chain data shows there is still more room for the bull rally to continue. Ethereum All Exchanges Taker… Read more »
Bitcoin On-Chain Activity Lags Behind Price Action, But Why?
Data reveals that while Bitcoin’s price is shooting up, the on-chain activity hasn’t improved much in the past week. What could be the reason behind this behavior? Bitcoin Breaks $50k,… Read more »