Bitcoin Holders

Over 80% of Short-Term Bitcoin Holders Underwater — What This Means For BTC

Posted on August 20, 2024 by ante — No Comments ↓

Bitcoin (BTC) is currently in red regarding price performance, dragging the rest of the crypto market along with it. Amid the continuous bearish price action, the latest data has revealed that Bitcoin short-term holders now face losses compared to their initial purchase prices. Onchain data expert James Check highlighted this in a recent post on… Continue reading Over 80% of Short-Term Bitcoin Holders Underwater — What This Means For BTC→

Bitcoin Now Forming Pattern That Last Led To It Blasting Off

Posted on July 10, 2024 by ante — No Comments ↓

On-chain data shows that Bitcoin is forming a pattern in its Total Amount of Holders, which last proved bullish for the cryptocurrency. Bitcoin Has Seen A Fall In Its Total Number of Holders Recently According to data from the on-chain analytics firm Total Amount of Holders,” which measures, as its name suggests, the total number of… Continue reading Bitcoin Now Forming Pattern That Last Led To It Blasting Off→

Long-Term Bitcoin Holders Resist Selling Amid Recent Highs — What This Signals

Posted on May 30, 2024 by ante — No Comments ↓

As Bitcoin flirts with its previous all-time highs, the celebrated ‘diamond hands’—a term in crypto parlance denoting long-term holders (LTHs)—are demonstrating notable restraint, selling their holdings at a rate notably lower than in previous bull markets. According to a recent analysis by on-chain analytics firm Glassnode, despite the near $70,000 valuation, the selling pressure from… Continue reading Long-Term Bitcoin Holders Resist Selling Amid Recent Highs — What This Signals→

Bitcoin Long-Term Holders Buy The Blood, Snatch Up 70,000 BTC

Posted on May 15, 2024 by ante — No Comments ↓

Glassnode Bitcoin long-term holders are taking advantage of the cryptocurrency’s lower price to significantly increase their holdings. This accumulation further strengthens the belief that this group of Bitcoin investors anticipate a potential upside for Bitcoin despite its recent volatility. Long-Term Holders Pay $4.3 Billion For 70,000 BTC According to Glassnode, long-term Bitcoin holders who had… Continue reading Bitcoin Long-Term Holders Buy The Blood, Snatch Up 70,000 BTC→

Bitcoin Dominance: Traders Preferring The OG To Dogecoin & Other Altcoins

Posted on April 30, 2024 by ante — No Comments ↓

On-chain data suggests Bitcoin has recently experienced an influx of investors while Dogecoin, Cardano, and other altcoins have seen a slowdown. Bitcoin Total Amount Of Holders Rise While Altcoins See Flat Movement According to data from the on-chain analytics firm Total Amount of Holders,” which keeps track of the total number of addresses on a… Continue reading Bitcoin Dominance: Traders Preferring The OG To Dogecoin & Other Altcoins→

Is Bitcoin About To Skyrocket? Bitfinex Analysts Spot Familiar Patterns From December 2020

Posted on April 17, 2024 by ante — No Comments ↓

According to analysts at Bitfinex, Bitcoin and its recent activity on exchanges reflects a pattern reminiscent of December 2020, hinting at a possible growth phase. The exchange’s latest report highlights a significant decline in the supply of Bitcoin held by long-term investors on centralized exchanges, reaching its lowest levels in 18 months. This trend, coupled… Continue reading Is Bitcoin About To Skyrocket? Bitfinex Analysts Spot Familiar Patterns From December 2020→