🚀 #ETH #BTC PlanB: ETH/BTC Has Returned to 2016 Levels After a Decade
Bitcoin analyst PlanB noted that ETH is currently trading around 0.026 BTC, roughly the same level as in March 2016. This implies Ethereum has underperformed Bitcoin over the past decade. He also argued that ETH failed to deliver a major ETH/BTC bull-market rally during the 2023–2024 cycle, unlike in 2017 and 2021.
Bitcoin analyst PlanB noted that ETH is currently trading around 0.026 BTC, roughly the same level as in March 2016. This implies Ethereum has underperformed Bitcoin over the past decade. He also argued that ETH failed to deliver a major ETH/BTC bull-market rally during the 2023–2024 cycle, unlike in 2017 and 2021.
🙅♂ #LAB PiggyBank closed a $LAB hedge due to extreme volatility and negative funding rates, making the position unsustainable. The protocol anticipates drawdowns of about 15% for its $USDC vault, 12% for SPYx, and 9% for JitoSOL, while excluding its locked $LAB holdings from NAV until August unlocks. ZachXBT criticized the strategy for exposing user funds to a highly speculative asset.
📊🤔 #BTC Since the $126k bitcoin top, this is now the third time the STH supply ratio has hit the 95% loss threshold.
Just nasty stuff - similar to the 2022 pain cycles on this metric. Hope, then back to more pain. The BTC bottoming process continues.
Just nasty stuff - similar to the 2022 pain cycles on this metric. Hope, then back to more pain. The BTC bottoming process continues.
🏆 #ONDO Ondo is now over 25% of the total Tokenized Market Cap.
That's over 4x higher than this time last year.
That's over 4x higher than this time last year.
Forwarded from Crypto | Bitcoin | Ethereum | Altcoin | News
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📌 Top 5 News for 24 Hour:
1. BTC price range $46,000-$54,000, support $35,000-$40,000, recovery $75 →
👁 265 | ❤️ 0 | 🔁 6
2. HTX Exchange suspends trading for $WLFI and $USD1. →
👁 288 | ❤️ 3 | 🔁 4
3. James Wynn holds $BTC and $ETH long positions, near liquidation. →
👁 302 | ❤️ 2 | 🔁 4
4. Plasma team deposits 150M $XPL on Binance. →
👁 279 | ❤️ 2 | 🔁 4
5. Fear & Greed Index for Bitcoin. →
👁 379 | ❤️ 0 | 🔁 4
| |
1. BTC price range $46,000-$54,000, support $35,000-$40,000, recovery $75 →
👁 265 | ❤️ 0 | 🔁 6
2. HTX Exchange suspends trading for $WLFI and $USD1. →
👁 288 | ❤️ 3 | 🔁 4
3. James Wynn holds $BTC and $ETH long positions, near liquidation. →
👁 302 | ❤️ 2 | 🔁 4
4. Plasma team deposits 150M $XPL on Binance. →
👁 279 | ❤️ 2 | 🔁 4
5. Fear & Greed Index for Bitcoin. →
👁 379 | ❤️ 0 | 🔁 4
| |
🇮🇷🇺🇸 #BTC Bitcoin surges 5% to $64,000 after President Trump states that Israeli PM Netanyahu has "no choice" but to accept an Iran deal.
💸 #BTC $320,000,000 worth of shorts liquidated from the crypto market in the past 15 minutes.
🐳 The Ethereum OG sold 60,000 $ETH for $122.25M and 9,442 $wsETH for $23.99M at an average price of $2,106.
The whale has now bought 57,339 $ETH for $90.41M at $1,577, and 361 $WBTC for $22.78M at $63,120 (buying still ongoing).
Addresses:
- 0xc1b6085ab3fd59106bE476AC91Fd04A3E4ac740e
- 0xB4d3bea9D824C4dD7deD7cCc93E6212E3f0B186a
The whale has now bought 57,339 $ETH for $90.41M at $1,577, and 361 $WBTC for $22.78M at $63,120 (buying still ongoing).
Addresses:
- 0xc1b6085ab3fd59106bE476AC91Fd04A3E4ac740e
- 0xB4d3bea9D824C4dD7deD7cCc93E6212E3f0B186a