๐ธ #BTC Over the last 24 hours, ~$744 million worth of contracts have been liquidated, of which longs have liquidated ~$290 million and shorts ~$454 million.
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.
๐ต๏ธโโ๏ธ๐ณ #BTC A whale moved 3,500 BTC, after 3 years, earning $305 million in profit.
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
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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.
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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."
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).
๐ #ETH CoinGlass: Over the last week ~108,000 ETH has been transferred to CEX, with 119,300 ETH withdrawn from Coinbase Pro (over the last 30 days >940k ETH)
๐ผ๐ #NFT sales fell 25% to $134 million this week.
Despite the drop in sales, market participant activity continues to increase with the number of NFT buyers up 25.7% and the number of NFT sellers up 25.9%.
Courtyard at Polygon regained the top spot in the collections ranking with $14.7 million in revenue (+42%)
Despite the drop in sales, market participant activity continues to increase with the number of NFT buyers up 25.7% and the number of NFT sellers up 25.9%.
Courtyard at Polygon regained the top spot in the collections ranking with $14.7 million in revenue (+42%)
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