π #BTC Glassnode: The correlation of BTC with US M2 money supply or other major economies does not show a consistent or predictable pattern.
Periods of positive correlation are often followed by negative or insignificant correlations, with changes occurring independently of clear macroeconomic factors.
Despite frequent claims of a stable relationship, the evidence suggests that the relationship is largely stochastic rather than structural.
Periods of positive correlation are often followed by negative or insignificant correlations, with changes occurring independently of clear macroeconomic factors.
Despite frequent claims of a stable relationship, the evidence suggests that the relationship is largely stochastic rather than structural.
π₯³ #SOL **Telemetry** (the new terminal from BONKBot) has gained support for Russian, Korean and Chinese and introduced an update including whale activity tracking, a list of trending tokens, handy filters and presets for trading on the Solana network.
π΅ #ETH A whale/institution withdrew 1,608 ETH, worth $6.79M, from Kraken.
In the past 3 weeks, the whale has withdrawn a total of 51,536 ETH, worth $217.93M. Currently having a floating profit of $25.43M.
In the past 3 weeks, the whale has withdrawn a total of 51,536 ETH, worth $217.93M. Currently having a floating profit of $25.43M.
Address: 0xD47954CEdA52046eDc40d3bE5EAf164839f133c0
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π΅οΈββοΈπ³ #ETH In the past hour, Binance, Coinbase & Bitstamp moved ~$160M in ETH to Galaxy Digitalβs OTC desk.
Largest single tx: 4.5K ETH ($18.99M). Ethereum whales are moving heavy today.
Largest single tx: 4.5K ETH ($18.99M). Ethereum whales are moving heavy today.
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ππ³ Whale Transactions:
1. Whale accumulated another 49,533 #ETH ($212 million). In the last week he accumulated 221,166 ETH ($946.6 million) from FalconX , Galaxy Digital and BitGo;
2. hacker Infini sold 1,771 ETH ($7.44 million). He still has 9154 ETH ($38.85 million).
1. Whale accumulated another 49,533 #ETH ($212 million). In the last week he accumulated 221,166 ETH ($946.6 million) from FalconX , Galaxy Digital and BitGo;
2. hacker Infini sold 1,771 ETH ($7.44 million). He still has 9154 ETH ($38.85 million).
πΈ #BTC Over the past 24 hours, contracts worth ~$367.13 million have been liquidated, of which longs have liquidated ~$153.11 million and shorts ~$214.02 million.
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π’ #BTC CQ: In the futures market, bullish sentiment has risen to its highest level in the past month.
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ππ #BTC profit realization by long-term holders (7D SMA) has slowed in August after a July run consistently above $1B/day - one of the largest profit-taking periods on record.
Unlike the Nov/Dec β24 peaks dominated by 6β12m holders (early spot Bitcoin #ETF buyers), the latest wave is led by 3β5y holders - investors from the prior cycle realizing gains.
Unlike the Nov/Dec β24 peaks dominated by 6β12m holders (early spot Bitcoin #ETF buyers), the latest wave is led by 3β5y holders - investors from the prior cycle realizing gains.
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π #ETH The total amount of ETH held by companies is 3.04 million ETH, equivalent to $13 billion. cointelegraph.com
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