ππ #ETH reserves on exchanges have fallen to levels last seen in its launch year, 2015-2016.
π³ #BTC Alphractal: Whales have stopped shorting. Bitcoin might see some relief from here and start the week on a positive note.
π³ #BTC balances held by whales have increased by 2.8% over the past month.
ππ #BTC Since November 2024, CEX exchange reserves have decreased by 668K BTC. This is a strong bullish signal, but itβs inaccurate to say that exchange reserves are exhausted. Currently, 2,432,989 BTC are available on exchanges.
Buying out the entire reserve at the current price would cost about a quarter-trillion dollars- precisely $253,427,433,207.
Buying out the entire reserve at the current price would cost about a quarter-trillion dollars- precisely $253,427,433,207.
πΊπΈ #USDC Circle plans to raise $896 million in a U.S. IPO.
π³ CQ: #BTC whales now account for nearly half of the inflows to exchanges, with the Whale Ratio (30D) hitting a 7-month high of 0.47.
Increased whale activity has historically signaled a market peak, which often led to a correction as large holders prepared to sell.
Increased whale activity has historically signaled a market peak, which often led to a correction as large holders prepared to sell.
πΊπΈπ #macro US:
- S&P Global Manufacturing PMI: 52.0 (pre: 50.2);
- ISM Manufacturing PMI: 48.5 (pre: 48.7)
- S&P Global Manufacturing PMI: 52.0 (pre: 50.2);
- ISM Manufacturing PMI: 48.5 (pre: 48.7)
πΊπΈπ° #ETH Company BTCS Inc bought 1000 ETH for balance.
π₯³ #FTT Kraken has begun distributing funds to FTX creditors.
π€ #XRP VivoPower has teamed up with BitGo as the exclusive OTC partner to acquire $100 million worth of XRP.