๐๐ #BTC Glassnode: Bitcoin sits at the lower bound of the new buyers' cost basis range ($60kโ$70k).
Supply accumulation in this range is notable, but the cluster is thinner than historical analogs that preceded a strong recovery.
The accumulation setup is constructive in form, not yet in magnitude.
Supply accumulation in this range is notable, but the cluster is thinner than historical analogs that preceded a strong recovery.
The accumulation setup is constructive in form, not yet in magnitude.
๐ According to Token Terminal data, Ethereum hosts 61.4% of all tokenized assets, with $206.2 billion in tokenized assets settled on Ethereum. The market value of tokenized assets on Ethereum has increased by over 40% compared to the same period last year. #rwa
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๐ Strait of Hormuz Ship Traffic Over the Past 24 Hours.
๐ต๏ธ El Salvadorโs official agency, The Bitcoin Office, reported that the nation's Strategic Bitcoin Reserve has surpassed 7,600 BTC. The total holdings have now reached 7,605.37 BTC, valued at approximately $506 million.
๐ต๏ธ Bitcoin BTC/USD long positions on Bitfinex have risen to around 79,343, the highest since November 2023. Historically, this metric has acted as a contrarian indicator, with surges in longs often coinciding with price tops or preceding declines. Analysts suggest the latest increase, alongside macro uncertainty, may signal downside risk for #BTC. #macro
๐ Top 5 News for 24 Hour:
1. Worldcoin sells 226.43M $WLD via OTC, receives 63M $USDC. โ
๐ 286 | โค๏ธ 0 | ๐ 4
2. ETH Fear & Greed Index. โ
๐ 264 | โค๏ธ 0 | ๐ 4
3. Bitcoin Fear & Greed Index update. โ
๐ 345 | โค๏ธ 1 | ๐ 3
4. Prediction markets share in crypto trading volume hits record high. โ
๐ 238 | โค๏ธ 0 | ๐ 4
5. Bitcoin long positions surge on Bitfinex, signaling downside risk. โ
๐ 224 | โค๏ธ 0 | ๐ 3
| | |
1. Worldcoin sells 226.43M $WLD via OTC, receives 63M $USDC. โ
๐ 286 | โค๏ธ 0 | ๐ 4
2. ETH Fear & Greed Index. โ
๐ 264 | โค๏ธ 0 | ๐ 4
3. Bitcoin Fear & Greed Index update. โ
๐ 345 | โค๏ธ 1 | ๐ 3
4. Prediction markets share in crypto trading volume hits record high. โ
๐ 238 | โค๏ธ 0 | ๐ 4
5. Bitcoin long positions surge on Bitfinex, signaling downside risk. โ
๐ 224 | โค๏ธ 0 | ๐ 3
| | |
๐ณ Ethereum whale exits after months of accumulation
A whale deposited 3,246 ETH (worth $9.79M) from Kraken over the past four months.
Today, the same 3,246 ETH (worth $6.47M) was withdrawn to three different wallets and then sent to HitBTC, likely to sell.
The whale is currently sitting on an unrealized loss of $3.32M.
A whale deposited 3,246 ETH (worth $9.79M) from Kraken over the past four months.
Today, the same 3,246 ETH (worth $6.47M) was withdrawn to three different wallets and then sent to HitBTC, likely to sell.
The whale is currently sitting on an unrealized loss of $3.32M.