๐๐ #BTC CQ: Spent Volume - the total volume of coins spent per day. This metric reflects liquidity flow, though it remains sensitive to internal transfers by exchanges and services. This week, its average value dropped to a minimum of 529K BTC per day.
This indicates that the main wave of sellers at current price levels has dried up.
This indicates that the main wave of sellers at current price levels has dried up.
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๐ต๏ธโโ๏ธ๐ณ #BTC A whale moved 3,500 BTC, after 3 years, earning $305 million in profit.
๐ต๏ธโโ๏ธ๐ณ Whale Activity:
- Whale transferred 3,500 BTC ($408.6M) to a new wallet after a 3-year hodge-podge of activity
- Trend Research withdrew 28.21M #NEIROETH (~$3M) from Gate and now hold 67% of the total NEIROETH supply (670M tokens valued at $80M) and also withdrew 1M PENDLE ($5.83M) from Binance;
- 111,456 ETH withdrawn from Eigenlayer staking and transferred to CEX;
- Aguila Trades opened short BTC, and James Wynn longs DOGE
- Whale transferred 3,500 BTC ($408.6M) to a new wallet after a 3-year hodge-podge of activity
- Trend Research withdrew 28.21M #NEIROETH (~$3M) from Gate and now hold 67% of the total NEIROETH supply (670M tokens valued at $80M) and also withdrew 1M PENDLE ($5.83M) from Binance;
- 111,456 ETH withdrawn from Eigenlayer staking and transferred to CEX;
- Aguila Trades opened short BTC, and James Wynn longs DOGE
๐ The market capitalization of stablecoins has risen from $205B to $268B (+23.5%) and could reach $300B by the end of the year. #stablecoin
๐ต๏ธโโ๏ธ #BTC Matrixport withdrew 2,354.6 BTC ($272 million) from Binance and OKX and transferred 95,873 ETH ($452 million) to CEX.
Addresses:
- 0xF6a834c4e4D02e810fC5883CeC7aaC959405E2A7
- 0x0A073212068B686310E260a3020d28B8CC60ee0f
๐ช๐บ๐ฆ ECB: After the US stablecoin bill was passed, EU officials revisited the digital euro project. They are now considering various technologies for its development, including both centralized and decentralized approaches, as well as distributed ledger technology. However, no final decision has been made yet.
๐ฎ๐ 90% chance #ETH reaches $5,000 in 2025, according to crypto prediction platform Polymarket.
๐ฃ #BTC Eric Trump expects that BTC will reach $175k this year, and eventually $1 million.
Also stated that American Bitcoin is exploring the possibility of acquiring publicly listed companies in Japan and Hong Kong that could serve as treasury digital asset management tools.
Also stated that American Bitcoin is exploring the possibility of acquiring publicly listed companies in Japan and Hong Kong that could serve as treasury digital asset management tools.
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๐ฃ #ETH Tom Lee: Ethereum is essentially having its 1971 moment equivalent.
In 1971, the US dollar went off the gold standard. After the initial shock, the stock market experienced a significant upward surge, known as the "Nixon Rally."
In 1971, the US dollar went off the gold standard. After the initial shock, the stock market experienced a significant upward surge, known as the "Nixon Rally."
๐๐ #BTC According to glassnode data, the daily transaction fees on the BTC network (14-day SMA) recently dropped to 3.5 BTC, marking the lowest level since late 2011.
๐ #TRX TRON is the most-used blockchain for stablecoin transfers in 35 of 50 countries studied โ spanning Asia, Africa & LatAm. coindesk
๐ธ๐ป๐ #BTC El Salvador keeps stacking sats โ still adding 1 BTC per day.
Treasury now holds 6,278 BTC (~$721M).
Treasury now holds 6,278 BTC (~$721M).