Supply in Profit (%) one of the best on-chain indicators for long term investors
"It never failed to flag best times to Buy BTC in the past..."
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by gigisulivan | @cryptoquant_official
"It never failed to flag best times to Buy BTC in the past..."
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by gigisulivan | @cryptoquant_official
The recent BTC rally was driven by Derivatives Exchanges, not Spot Exchanges
"There is a tendency for prices to change significantly even with small trading volumes because the overall liquidity in the cryptocurrency market has decreased."
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by MAC_D | @cryptoquant_official
"There is a tendency for prices to change significantly even with small trading volumes because the overall liquidity in the cryptocurrency market has decreased."
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by MAC_D | @cryptoquant_official
Fund volume reaches the highest of this year.
"The FOMO situation will continue when everything is clear, so an accumulation plan during the dull period is extremely important"
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by BinhDang | @cryptoquant_official
"The FOMO situation will continue when everything is clear, so an accumulation plan during the dull period is extremely important"
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by BinhDang | @cryptoquant_official
Despite the rally, BTC Velocity is rapidly declining
"BTC Velocity is a kind of turnover rate that indicates how well BTC is circulating in the market. Velocity is currently at its lowest level since August 2020 and is still on a decline."
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by Yonsei_dent | @cryptoquant_official
"BTC Velocity is a kind of turnover rate that indicates how well BTC is circulating in the market. Velocity is currently at its lowest level since August 2020 and is still on a decline."
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by Yonsei_dent | @cryptoquant_official
Short-Term Bitcoin Holder Profitability and STH-SOPR Dynamics: Insights from Recent Price Corrections
"A declining STH-SOPR during a price correction suggests that many short-term holders may panic-sell their Bitcoins, contributing to the overall drop in prices."
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by onchained | @cryptoquant_official
"A declining STH-SOPR during a price correction suggests that many short-term holders may panic-sell their Bitcoins, contributing to the overall drop in prices."
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by onchained | @cryptoquant_official
MVRV at a critical support line!
"MVRV is one of the most effective indicators that can identify long-term highs and lows in Bitcoin price."
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by SignalQuant | @cryptoquant_official
"MVRV is one of the most effective indicators that can identify long-term highs and lows in Bitcoin price."
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by SignalQuant | @cryptoquant_official
Understanding the composition of Bitcoin's supply is paramount.
"It suggests that more participants are embracing a long-term perspective, one that values Bitcoin not just as a speculative asset but as a resilient store of value and a strategic piece in their investment portfolio."
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by onchained | @cryptoquant_official
"It suggests that more participants are embracing a long-term perspective, one that values Bitcoin not just as a speculative asset but as a resilient store of value and a strategic piece in their investment portfolio."
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by onchained | @cryptoquant_official
BTC stuck between short-term holders and long-term holders!
"We should know that STH realized price, which was a resistance level for its price throughout 2022, turned into a support level in early 2023, and recently turned into a resistance level again."
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by SignalQuant | @cryptoquant_official
"We should know that STH realized price, which was a resistance level for its price throughout 2022, turned into a support level in early 2023, and recently turned into a resistance level again."
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by SignalQuant | @cryptoquant_official
BTC: Quick mid-term Price Cycle Update
1. According to the MVRV Ratio, there is a strong potential for price growth in the long term.
2. Despite the bullish big picture in the long term, the situation of short-term holders seems not interesting. When they are at a heavy disadvantage due to their sensitive nature to bitcoin price actions, The result will be a decrease in their confidence and hope in the market trend.
3. If we look at the average realized price of short term holders or the amount of money they have paid for each bitcoin, the price levels of 27.5k-29k is the break-even area of these holders' pockets.
4. The more time we spend below these price levels, the more incentive there will be to exit liquidity from the market, and the basis condition for the return of the upward trend of Bitcoin depends on the price jump above the short-term realized prices.
MVRV Ratio Chart
Realized Price Chart
by Crazzyblockk | @cryptoquant_official
1. According to the MVRV Ratio, there is a strong potential for price growth in the long term.
2. Despite the bullish big picture in the long term, the situation of short-term holders seems not interesting. When they are at a heavy disadvantage due to their sensitive nature to bitcoin price actions, The result will be a decrease in their confidence and hope in the market trend.
3. If we look at the average realized price of short term holders or the amount of money they have paid for each bitcoin, the price levels of 27.5k-29k is the break-even area of these holders' pockets.
4. The more time we spend below these price levels, the more incentive there will be to exit liquidity from the market, and the basis condition for the return of the upward trend of Bitcoin depends on the price jump above the short-term realized prices.
MVRV Ratio Chart
Realized Price Chart
by Crazzyblockk | @cryptoquant_official
Market Secrets: How LTHs Sell Coins to STHs and then Buy them Back?
1. Since the start of the year, the realized capitalization (the blue line) of STHs has risen from $79B to $114B, thus the change amounted to $35B(1.3M BTC).
2. BTC: STH LTH Net Position Realized Cap chart shows how the LTH cohort sold to STHs, and the April distribution remained steady for 6 days at a level of $10B. In other words, the LTH cohort actively sold at the 28.2K level, while the STH cohort was actively buying.
3. The STH cohort is at a loss and is capitulating, selling coins previously acquired from the LTH cohort, which LTHs are eagerly buying back at the moment.
Dashboard Link
by AxelAdlerJr | @cryptoquant_official
1. Since the start of the year, the realized capitalization (the blue line) of STHs has risen from $79B to $114B, thus the change amounted to $35B(1.3M BTC).
2. BTC: STH LTH Net Position Realized Cap chart shows how the LTH cohort sold to STHs, and the April distribution remained steady for 6 days at a level of $10B. In other words, the LTH cohort actively sold at the 28.2K level, while the STH cohort was actively buying.
3. The STH cohort is at a loss and is capitulating, selling coins previously acquired from the LTH cohort, which LTHs are eagerly buying back at the moment.
Dashboard Link
by AxelAdlerJr | @cryptoquant_official
Are the Ethereum Bull Taking Control of the Market?
"Should this metric continue its upward trajectory and venture into positive territory, it could herald the onset of a new phase characterized by bullish price action."
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by Greatest_Trader | @cryptoquant_official
"Should this metric continue its upward trajectory and venture into positive territory, it could herald the onset of a new phase characterized by bullish price action."
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by Greatest_Trader | @cryptoquant_official
BTC: A Look into Recent Activity and Risks
Whales are accumulating
1. 1-10K sized #Bitcoin accounts of 66% of the volume to exchange inflows
2. The increase in Coinbase Premium Index shows the accumulation in the Spot exchange
Futures Market Sentiment
1. +$1B in Open Interest and the positive funding rates indicate the predominance of long traders and an optimistic sentiment
2. The increased estimated leverage creates a structure conducive to a long squeeze in the event of a sharp price drop.
― Link to the full article
by Gustavo Faria | @cryptoquant_official
Whales are accumulating
1. 1-10K sized #Bitcoin accounts of 66% of the volume to exchange inflows
2. The increase in Coinbase Premium Index shows the accumulation in the Spot exchange
Futures Market Sentiment
1. +$1B in Open Interest and the positive funding rates indicate the predominance of long traders and an optimistic sentiment
2. The increased estimated leverage creates a structure conducive to a long squeeze in the event of a sharp price drop.
― Link to the full article
by Gustavo Faria | @cryptoquant_official
Last 30days : so many long squeeze & very few short squeeze
"The past 30 days have been the largest and most frequent period of long squeezes this year, while also being the smallest and least frequent period of short squeezes."
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by SignalQuant | @cryptoquant_official
"The past 30 days have been the largest and most frequent period of long squeezes this year, while also being the smallest and least frequent period of short squeezes."
― Link
by SignalQuant | @cryptoquant_official
$1INCH and $DYDX Dashboard Updates
While there's a lot of chatter on social media ahead of a token unlock, it's important to remember that many factors affect token prices beyond token locks.
Monitor the following on-chain data in CryptoQuant and manage your risks
1. Foundation Wallet Address
2. Tokens Transfer Volume
3. Exchange Depositing Transactions
3. Exchange Reserve
Methodology
Check the balance changes in vesting wallets, and the following selling pressures to understand the market impact.
Use a combination of price and on-chain data to make an informed decision about your investment.
Dashboard | @cryptoquant_official
While there's a lot of chatter on social media ahead of a token unlock, it's important to remember that many factors affect token prices beyond token locks.
Monitor the following on-chain data in CryptoQuant and manage your risks
1. Foundation Wallet Address
2. Tokens Transfer Volume
3. Exchange Depositing Transactions
3. Exchange Reserve
Methodology
Check the balance changes in vesting wallets, and the following selling pressures to understand the market impact.
Use a combination of price and on-chain data to make an informed decision about your investment.
Dashboard | @cryptoquant_official