Since Feb 2020, 3.77 million #Bitcoin (worth $219 billion) have been withdrawn from exchanges.
That means people aren’t selling - they’re holding.
They’ve moved their coins to personal wallets, showing trust in Bitcoin’s long-term future.
With fewer coins available to trade, there’s less selling pressure, which is a bullish sign.
That means people aren’t selling - they’re holding.
They’ve moved their coins to personal wallets, showing trust in Bitcoin’s long-term future.
With fewer coins available to trade, there’s less selling pressure, which is a bullish sign.
#ETH might be ready for a big move 👀
Over $2.2B in short trades near $3K
If ETH goes up, those shorts could get liquidated = price jumps higher 🚀
At the same time, Circle ($CRCL) just launched its IPO — Wall Street is showing interest
Circle = stablecoins in banks
ETH = stablecoins in crypto
A lot of pressure is building… something big could be coming
Over $2.2B in short trades near $3K
If ETH goes up, those shorts could get liquidated = price jumps higher 🚀
At the same time, Circle ($CRCL) just launched its IPO — Wall Street is showing interest
Circle = stablecoins in banks
ETH = stablecoins in crypto
A lot of pressure is building… something big could be coming
❤6
Ethereum is experiencing significant
net inflows of bridged assets and an increase in stablecoin supply compared to all other networks .
This is bullish for #ETH 🔥
net inflows of bridged assets and an increase in stablecoin supply compared to all other networks .
This is bullish for #ETH 🔥
❤4
Yeah, if we talk about altcoins, you already know how the market has been reacting since last year.
No strong moves and even these
tiny dips feel like they're sucking the last breath out of them. What we really need is for #ETH to show strength and outperform #BTC. That’s the only scenario where we’ll see alts doing well.
Sentiment is at its worst, but certain data still suggests that altcoins will eventually blossom.
Not losing my hope, tbh.
No strong moves and even these
tiny dips feel like they're sucking the last breath out of them. What we really need is for #ETH to show strength and outperform #BTC. That’s the only scenario where we’ll see alts doing well.
Sentiment is at its worst, but certain data still suggests that altcoins will eventually blossom.
Not losing my hope, tbh.
❤1
Forwarded from Cryptoding 30 days trading challenge
Tp 2 completed 🚀