Bitcoin long-term holders

Bitcoin Recovery Stalls As HODLers Apply Selling Pressure

Posted on July 12, 2024 by ante — No Comments ↓

On-chain data shows that Bitcoin long-term holders have potentially been selling recently, something that may explain BTC’s continued bearish momentum. Bitcoin Exchange Inflow CDD Has Registered Huge Spikes Recently As an analyst in a CryptoQuant Quicktake post explained, old cryptocurrency tokens have recently been deposited in large quantities in centralized exchanges. The on-chain metric of… Continue reading Bitcoin Recovery Stalls As HODLers Apply Selling Pressure→

Why Did Bitcoin Plunge Under $58,000? On-Chain Data Says This

Posted on July 4, 2024 by ante — No Comments ↓

Bitcoin has observed a crash below the $58,000 level today. Here’s what could be a potential cause for it, according to on-chain data. Bitcoin Long-Term Holders Have Just Taken Large Profits As pointed out by an analyst in a CryptoQuant Quicktake post, the Bitcoin long-term holders harvested a large amount of profits during the latest… Continue reading Why Did Bitcoin Plunge Under $58,000? On-Chain Data Says This→

Bitcoin Near ‘Euphoria’ Boundary: What Happens After A Breach?

Posted on June 27, 2024 by ante — No Comments ↓

On-chain data shows Bitcoin is trading near a level that has historically acted as the boundary for the ‘euphoria’ phase of the market. Bitcoin Is Not Far From This Long-Term Holder Cost Basis Level According to the latest weekly report from Glassnode, BTC’s recent consolidation has been near the historical boundary between the ‘equilibrium’ and… Continue reading Bitcoin Near ‘Euphoria’ Boundary: What Happens After A Breach?→

Is Mt. Gox A Worry For Bitcoin? Crypto Analyst Weighs In

Posted on May 29, 2024 by ante — No Comments ↓

Bitcoin outflows from the Mt. Gox exchange have occurred in the past day, making some worry about potential bearish effects. Here’s what an analyst thinks. Mt. Gox Has Made Several Bitcoin Transactions In The Last 24 Hours During the past day, several movements from wallets associated with the bankrupt cryptocurrency exchange Mt. Gox have been… Continue reading Is Mt. Gox A Worry For Bitcoin? Crypto Analyst Weighs In→

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 Long-Term Holders Accumulating Like In 2021: Is BTC Ready For A 15X?

Posted on May 13, 2024 by ante — No Comments ↓

Bitcoin is moving sideways, posting drab price action, forcing participation to taper. But amid this consolidation and even fear of more losses, one analyst has shared data suggesting that long-term holders are accumulating at spot rates. Are We Back To 2021? Bitcoin Long-Term Holders Accumulating In a post on X, the analyst noted that this re-accumulating pace… Continue reading Bitcoin Long-Term Holders Accumulating Like In 2021: Is BTC Ready For A 15X?→

Newbie Bitcoin Whales Hold 2x As Much As Veterans: What’s Behind This Trend?

Posted on April 24, 2024 by ante — No Comments ↓

On-chain data shows the new whale entrants in the Bitcoin market now hold almost twice as much as the veterans. Here’s what could be behind this shift. Bitcoin Newbie Whale Holdings Have Been Rapidly Growing Recently In a new post on X, CryptoQuant founder and CEO Ki Young Ju has discussed about how the holdings… Continue reading Newbie Bitcoin Whales Hold 2x As Much As Veterans: What’s Behind This Trend?→

Is The Bitcoin Top Already Here? This Historical Pattern Says So

Posted on April 23, 2024 by ante — No Comments ↓

A historical pattern currently forming in a Bitcoin on-chain indicator could suggest that a top may be near for the asset, if not already in. Bitcoin SOPR Ratio Is Forming A Historical Top Pattern Right Now In a CryptoQuant Quicktake Spent Output Profit Ratio” (SOPR) is an indicator that tells us whether the Bitcoin investors… Continue reading Is The Bitcoin Top Already Here? This Historical Pattern Says So→

Bitcoin Long-Term Holders Slow Down After 700,000 BTC Selloff, Reversal Sign?

Posted on April 16, 2024 by ante — No Comments ↓

On-chain data shows the Bitcoin long-term holder selling pressure has been running out recently after an extended selloff from the group. Bitcoin Long-Term Holders Have Sold Huge In Past 4 Months As analyst James Van Straten explained in a long-term holders” (LTHs) here refer to the Bitcoin investors carrying their coins since more than 155… Continue reading Bitcoin Long-Term Holders Slow Down After 700,000 BTC Selloff, Reversal Sign?→