Tag Archives: cryptoquant

Bitcoin Adjusted SOPR Shows Market At Pivotal Junction — What’s Next?

Posted on by — No Comments ↓

Over the past week, the Bitcoin market experienced new waves of liquidations with prices dropping to around $81,000 on Thursday. Though the premier cryptocurrency has seen a slight rebound since then, bearish sentiments remain dominant with analysts expecting a potential decline to as low as $56,000. Amid this recent correction, a developing on-chain situation has reached… Continue reading Bitcoin Adjusted SOPR Shows Market At Pivotal Junction — What’s Next?→

Ethereum Open Interest Declines Across Exchanges, Binance Stands Out — Details

Posted on by — No Comments ↓

For most of the week, the Ethereum price has remained in a range-bound spell, putting in no significant movement outside of the $3,000 and $2,880 price boundaries. Amid rising speculations, an on-chain analysis has recently been put out, which provides an answer to the question. Open Interest Across Exchanges Falls To $17 Billion In their… Continue reading Ethereum Open Interest Declines Across Exchanges, Binance Stands Out — Details→

Why Is The Shiba Inu Price Crashing? The Billion-Dollar Move You Should Know About

Posted on by — No Comments ↓

The Shiba Inu price crashed to as low as $0.000007683 yesterday, sparking bearish sentiment towards the meme coin. This crash came on the back of a transfer of billions of SHIB tokens, which raised concerns of a potential sell-off by the whale in question.  Why The Shiba Inu Price Crashed The Shiba Inu price crashed… Continue reading Why Is The Shiba Inu Price Crashing? The Billion-Dollar Move You Should Know About→

Bitcoin Records Large Exchange Inflows As Price Climbs — What Next For BTC?

Posted on by — No Comments ↓

Bitcoin recently failed to overcome the $97,000 resistance following its price surge seen in mid-January. At the moment, the leading cryptocurrency has taken on a state of inertia, with no significant movement in either direction seen. However, an investigation of on-chain dynamics has recently revealed that trouble might be looming for the flagship cryptocurrency. Sudden… Continue reading Bitcoin Records Large Exchange Inflows As Price Climbs — What Next For BTC?→

Ethereum Futures Volume Hits Highest Level On Binance Since Mid-December — Details

Posted on by — No Comments ↓

Over the week, Ethereum struggled to sustain any significant move to the upside. Although the second-largest cryptocurrency reclaimed the $3,300 price level, it could not break above $3,400 to continue its path towards higher price levels. As it stands, it appears that the Ether token is taking on a short-term bearish structure. However, an on-chain… Continue reading Ethereum Futures Volume Hits Highest Level On Binance Since Mid-December — Details→

Bitcoin STH SOPR Rises Above 1 — A Trend Reversal Signal?

Posted on by — No Comments ↓

Bitcoin continues to hover within the $90,000 price range, producing no significant price movement in the last 24 hours. Meanwhile, a subtle on-chain development is indicating a potential change in market trend. STH SOPR Above 1 — Bullish Rebound Or Fakeout?  The Short-Term Holder Spent Output Profit Ratio (STH-SOPR) is a key on-chain metric that… Continue reading Bitcoin STH SOPR Rises Above 1 — A Trend Reversal Signal?→

Bitcoin Tests $90,000 Support As Netflows Turn Positive — Details

Posted on by — No Comments ↓

After encountering significant resistance around the $94,000 local high, Bitcoin has retraced to a psychological and technical key support at $90,000. Interestingly, this price correction coincides with a significant change in on-chain dynamics. Here are the details. Exchanges Record Netflow Shift In a QuickTake post on CryptoQuant, pseudonymous market analyst The Enigma Trader explains that… Continue reading Bitcoin Tests $90,000 Support As Netflows Turn Positive — Details→

Bitcoin Top Is Not In At $126,000, According To The Business Cycle, Here’s Why

Posted on by — No Comments ↓

Crypto expert Plan C has alluded to the business cycle to explain why the Bitcoin top isn’t in despite the flagship crypto’s run to $126,000 last year. This comes as BTC struggles to hold above the psychological $90,000 level, having lost most of its gains from the start of the year.  Why The Bitcoin Top… Continue reading Bitcoin Top Is Not In At $126,000, According To The Business Cycle, Here’s Why→

Shiba Inu Sell-Offs Incoming: 82 Trillion Deposits Threaten To Crash SHIB Price

Posted on by — No Comments ↓

On-chain data show a significant amount of Shiba Inu still held on exchanges, putting the SHIB price at risk of a decline due to sell-offs. This comes amid a positive increase in net flows, indicating that more coins are flowing into exchanges, likely to offload them.  SHIB Price At Risk With 82 Trillion Shiba Inu… Continue reading Shiba Inu Sell-Offs Incoming: 82 Trillion Deposits Threaten To Crash SHIB Price→

Binance ETH Open Interest Surges Above $7.1B Amid Heavy Market Repositioning – Details

Posted on by — No Comments ↓

Amid the cheers of the new year, Ethereum achieved a decisive breakout above the long-standing price resistance around $3,000. According to market analyst Amr Taha, this price gain has been accompanied by significant changes in the derivatives market, which suggest an aggressive shift in investors’ positioning. Ethereum Traders Flood Market With Long Positions To Usher… Continue reading Binance ETH Open Interest Surges Above $7.1B Amid Heavy Market Repositioning – Details→