Today's biggest stories on crypto social media, based on Santiment's data (https://tinyurl.com/y5tln7hv):
Sanbase
Exclusive on-chain, social and development metrics, low-latency market signals and daily insights on the cryptocurrency market
📣 One of yesterday's biggest stories on crypto social media, based on Santiment's data (https://tinyurl.com/y5tln7hv):
Sanbase
Exclusive on-chain, social and development metrics, low-latency market signals and daily insights on the cryptocurrency market
LINK breaks ATH: Episode 2
Yesterday ChainLink set it's new all time high at 4.89 USD.
Previous ATH taken just a couple of weeks ago and also been a noticeable event. Dino posted a great LINK overview that day.
Am wondering is this top different from previous and price trend may revert? ↘️
Or is it basically similar and trend may continue building new tops? 🔼
Comparing one by one.
1. LINK hype.
"Sanbase has recorded more than 1100 new mentions of ‘LINK’ or ‘Chainlink’ in the past 24 hours: a 4-month high for the coin" - said Dino that time. Still valid for this top as well 🔼
2. Exchange inflow.
"Forming tops are often accompanied by an uptick in the amount of coins being moved to exchange wallets, as HODLers look to cash in on the pump.
For LINK, such incline has been observed on several of our charts in the past week. ... A total of 25.92m LINK (~$114m at the time of writing) has entered centralized exchange wallets through deposit addresses on February 12th:" - it's about previous top.
Similar picture yesterday 🔼
3. Whales on the fence
3.1. The cumulative balance of LINK’s biggest non-exchange wallets over the past 6 months:
"As you can see, the big players have been confidently accumulating LINK throughout the last 6 months. However, we are now starting to see the first notable dips in quite some time...
...And while this could prove to be a sign for concern, it’s worth noting that other major LINK holders have not mirrored this behavior just yet." - that was about previous top.
Now we can surely say that accumulation seems even more confident after first top. No dips 🔼
3.2. LINK holders by number of owned coins
"Several major LINK cohorts - like addresses owning between 100k and 1m LINK - have not significantly reduced their holdings in the past several weeks" - seen Dino last time. Now they did reduce holdings ↘️
"Similarly, the cumulative balance of addresses holding between 10k and 100k LINK has been plateauing around 80M for around two months now" - was seen last time. Now it's not valid again ↘️
Previous report wrapped up with this:
"Both of these cohorts dumped their holdings significantly prior to and during the 2019 top. If history’s to judge, I’d be keeping an eye on their behavior over the next few days; if they start offloading their bags, it could be lights out."
Well, now they did. Lights out?
Or see you in the next episode!
Read our full analysis with charts & upvote/spread the love 👇
https://tinyurl.com/rrwkd6y
Yesterday ChainLink set it's new all time high at 4.89 USD.
Previous ATH taken just a couple of weeks ago and also been a noticeable event. Dino posted a great LINK overview that day.
Am wondering is this top different from previous and price trend may revert? ↘️
Or is it basically similar and trend may continue building new tops? 🔼
Comparing one by one.
1. LINK hype.
"Sanbase has recorded more than 1100 new mentions of ‘LINK’ or ‘Chainlink’ in the past 24 hours: a 4-month high for the coin" - said Dino that time. Still valid for this top as well 🔼
2. Exchange inflow.
"Forming tops are often accompanied by an uptick in the amount of coins being moved to exchange wallets, as HODLers look to cash in on the pump.
For LINK, such incline has been observed on several of our charts in the past week. ... A total of 25.92m LINK (~$114m at the time of writing) has entered centralized exchange wallets through deposit addresses on February 12th:" - it's about previous top.
Similar picture yesterday 🔼
3. Whales on the fence
3.1. The cumulative balance of LINK’s biggest non-exchange wallets over the past 6 months:
"As you can see, the big players have been confidently accumulating LINK throughout the last 6 months. However, we are now starting to see the first notable dips in quite some time...
...And while this could prove to be a sign for concern, it’s worth noting that other major LINK holders have not mirrored this behavior just yet." - that was about previous top.
Now we can surely say that accumulation seems even more confident after first top. No dips 🔼
3.2. LINK holders by number of owned coins
"Several major LINK cohorts - like addresses owning between 100k and 1m LINK - have not significantly reduced their holdings in the past several weeks" - seen Dino last time. Now they did reduce holdings ↘️
"Similarly, the cumulative balance of addresses holding between 10k and 100k LINK has been plateauing around 80M for around two months now" - was seen last time. Now it's not valid again ↘️
Previous report wrapped up with this:
"Both of these cohorts dumped their holdings significantly prior to and during the 2019 top. If history’s to judge, I’d be keeping an eye on their behavior over the next few days; if they start offloading their bags, it could be lights out."
Well, now they did. Lights out?
Or see you in the next episode!
Read our full analysis with charts & upvote/spread the love 👇
https://tinyurl.com/rrwkd6y
insights.santiment.net
LINK breaks ATH: Episode 2 - Santiment Community Insights
Yesterday ChainLink set it's new all time high at 4.89 USD.Previous ATH taken just a couple of weeks ago and also been a noticeable event.Di
Latest market analysis based on Santiment's data (https://tinyurl.com/y5tln7hv):
Whale Watching: How are top ETH and LINK holders reacting to the dip?
It’s been a wild weekend for markets everywhere, as oil recorded the largest single-day decline in the past 30 years and Bitcoin tumbled below $8000 for the first time in over 2 months.
With rising uncertainty on the global markets and growing concerns about the spread of COVID19, it's increasingly important to know - how do some of crypto’s biggest whales feel about their (shrinking) altcoin bags?
In our latest analysis, we take a look at the recent behavior of the largest addresses holding Ethereum and LINK - one of the week’s top-performing ERC-20 coins - and what they can tell us about the current state of the market.
Turns out that one of these coins is experiencing significant whale sell-offs over the last week.
The other coin shows signs of the strongest confidence levels among its whales in the last 3 years!
Find out more in our full report - https://tinyurl.com/s5urh9a
It’s been a wild weekend for markets everywhere, as oil recorded the largest single-day decline in the past 30 years and Bitcoin tumbled below $8000 for the first time in over 2 months.
With rising uncertainty on the global markets and growing concerns about the spread of COVID19, it's increasingly important to know - how do some of crypto’s biggest whales feel about their (shrinking) altcoin bags?
In our latest analysis, we take a look at the recent behavior of the largest addresses holding Ethereum and LINK - one of the week’s top-performing ERC-20 coins - and what they can tell us about the current state of the market.
Turns out that one of these coins is experiencing significant whale sell-offs over the last week.
The other coin shows signs of the strongest confidence levels among its whales in the last 3 years!
Find out more in our full report - https://tinyurl.com/s5urh9a
insights.santiment.net
Whale Watching: How are top ETH and LINK holders reacting to the dip? - Santiment Community Insights
It’s been a wild week for markets everywhere, as oil recorded the largest single-day decline in the past 30 years and Bitcoin tumbled below
📣 One of today's biggest stories on crypto social media, based on Santiment's data (https://tinyurl.com/y5tln7hv):
Sanbase
Exclusive on-chain, social and development metrics, low-latency market signals and daily insights on the cryptocurrency market
BAND on the run
The Band Protocol appeared in Emerging Trends list a few hours ago.
Price gained almost twice last days.
BAND is:
- A decentralized oracle for Web 3.0
- Launched half a year ago via Binance Launchpad
- Has found it's bottom, but not the top yet
- An ERC-20 token (which is so insightful!)
1. A solid social volume spike sent BAND to Emerging trends. It's connected to collaboration with bZx to implement price feed oracle.
2. What is this social volume consisting of excitement mostly. Means a top may be somewhere near.
3. Now let me show you BAND from an opposite point of view, seen with big calm silent whales. Moving to Sandata, BAND holders distribution page.
3.1. First of all the holders distribution layout is unusual for an asset in top emerging trends.
It says:
- There is only 371 BAND holder at the moment
- 43 of them invested more than 50K USD and have enough power to effect the price
- Biggest cohort is 63 wallets owning from 10 to 100 BAND. It's 5... 50 USD. Dust.
3.2. Now lets see who sold recently and who hold. Holders by percent of BAND supply movements saying many are increasing positions since bottom and not selling. Who are they?
Holders of 1-10 millions of BAND (0.5-5 millions USD) -
They are increasing position. As well as other whaelthy cohorts.
Except 100k -1m BAND holders (and retail, but it doesn't matter here):
3.3. Now let's separate whales from exchanges. Both may be holding millions right?
3.3.1. Moving to Top Holders percent of total supply - non exchanges:
Non-exchange owners started to accumulate since the second wave of... pump?
And still increasing positions.
Read our full analysis with charts & upvote/spread the love 👇
https://tinyurl.com/sz5b5yq
The Band Protocol appeared in Emerging Trends list a few hours ago.
Price gained almost twice last days.
BAND is:
- A decentralized oracle for Web 3.0
- Launched half a year ago via Binance Launchpad
- Has found it's bottom, but not the top yet
- An ERC-20 token (which is so insightful!)
1. A solid social volume spike sent BAND to Emerging trends. It's connected to collaboration with bZx to implement price feed oracle.
2. What is this social volume consisting of excitement mostly. Means a top may be somewhere near.
3. Now let me show you BAND from an opposite point of view, seen with big calm silent whales. Moving to Sandata, BAND holders distribution page.
3.1. First of all the holders distribution layout is unusual for an asset in top emerging trends.
It says:
- There is only 371 BAND holder at the moment
- 43 of them invested more than 50K USD and have enough power to effect the price
- Biggest cohort is 63 wallets owning from 10 to 100 BAND. It's 5... 50 USD. Dust.
3.2. Now lets see who sold recently and who hold. Holders by percent of BAND supply movements saying many are increasing positions since bottom and not selling. Who are they?
Holders of 1-10 millions of BAND (0.5-5 millions USD) -
They are increasing position. As well as other whaelthy cohorts.
Except 100k -1m BAND holders (and retail, but it doesn't matter here):
3.3. Now let's separate whales from exchanges. Both may be holding millions right?
3.3.1. Moving to Top Holders percent of total supply - non exchanges:
Non-exchange owners started to accumulate since the second wave of... pump?
And still increasing positions.
Read our full analysis with charts & upvote/spread the love 👇
https://tinyurl.com/sz5b5yq
insights.santiment.net
BAND on the run - Santiment Community Insights
The Band Protocol appeared in Emerging Trends list a few hours ago.Price gained almost twice last days.BAND is:- A decentralized oracle for
📣 One of today's biggest stories on crypto social media, based on Santiment's data (https://tinyurl.com/y5tln7hv):
Sanbase
Exclusive on-chain, social and development metrics, low-latency market signals and daily insights on the cryptocurrency market
DATA: x4.5 in 33 hours - is it enough?
Some saying "DATA is the king".
Today, right now, at the moment of writing this, DATA token is #1.
#1 in a list of Emerging Trends.
It means DATA mentions are emerging faster then any other in cryptoverse.
Why? Because it pumps as insane, 450% in 33 hours.
Haven't seen that kind of pumps for a long.
Who had positioned best before the pump and who's jumping in on the go?
Who's leaving the train?
Let's see.
1. A wide range overview. A percent of DATA total supply in top 50 wallets:
It haven't changed much in total last 90 days. Except since the first day of pump, when it started to decline. Selling? Quite possible. Bearish here.
2. A percent of DATA total supply in top 20 non-exchange wallets doesn't look like any pre-positioning happened. Whales started to increase positions on the day pump began. And not before. Like pump is surprising and unexpected.
Another noticeable thing is that whales managed to exit 10M of DATA positions just one day before the market crash. Coincidence? Luck?
3. Now how many tokens own the ones chasing the pump?
The answer is: from 1,000 to 1,000,000 DATA (25-25K USD). Smaller fishes selling, larger whales almost don't move. Again, no moves in all cohorts before the pump starts.
4. What were the biggest transactions of DATA last recently?
0x372515a11081431b1590194327fb97e98c20c6cc is a wallet that took part in DATA ICO and hodled strong 49M tokens until yesterday.
Yesterday it's owner started to distribute DATA to different wallets in smaller chunks. And the first chunk hit Binance a few hours ago.
Is it enough bearish signal? When #6 top DATA holder is positioned to sell.
Read our full analysis with charts & upvote/spread the love 👇
https://tinyurl.com/stzxuab
Some saying "DATA is the king".
Today, right now, at the moment of writing this, DATA token is #1.
#1 in a list of Emerging Trends.
It means DATA mentions are emerging faster then any other in cryptoverse.
Why? Because it pumps as insane, 450% in 33 hours.
Haven't seen that kind of pumps for a long.
Who had positioned best before the pump and who's jumping in on the go?
Who's leaving the train?
Let's see.
1. A wide range overview. A percent of DATA total supply in top 50 wallets:
It haven't changed much in total last 90 days. Except since the first day of pump, when it started to decline. Selling? Quite possible. Bearish here.
2. A percent of DATA total supply in top 20 non-exchange wallets doesn't look like any pre-positioning happened. Whales started to increase positions on the day pump began. And not before. Like pump is surprising and unexpected.
Another noticeable thing is that whales managed to exit 10M of DATA positions just one day before the market crash. Coincidence? Luck?
3. Now how many tokens own the ones chasing the pump?
The answer is: from 1,000 to 1,000,000 DATA (25-25K USD). Smaller fishes selling, larger whales almost don't move. Again, no moves in all cohorts before the pump starts.
4. What were the biggest transactions of DATA last recently?
0x372515a11081431b1590194327fb97e98c20c6cc is a wallet that took part in DATA ICO and hodled strong 49M tokens until yesterday.
Yesterday it's owner started to distribute DATA to different wallets in smaller chunks. And the first chunk hit Binance a few hours ago.
Is it enough bearish signal? When #6 top DATA holder is positioned to sell.
Read our full analysis with charts & upvote/spread the love 👇
https://tinyurl.com/stzxuab
insights.santiment.net
DATA: x4.5 in 33 hours - is it enough? - Santiment Community Insights
Some saying "DATA is the king".Today, right now, at the moment of writing this, DATA token is #1.#1 in a list of Emerging Trends.It means DA
📣 The latest market insight based on Santiment's data (https://tinyurl.com/y5tln7hv):
Is everyone FUDing into Stablecoins?
In today's analysis, we look at the recent market growth of the top 4 stablecoins - USDT, USDC, PAX and TUSD - and what it tells us about the general state of crypto.
Here are the quick takeaways:
-The biggest non-exchange addresses of top stablecoins - especially USDT and USDC - have been acummulating in a hurry since the market crash
- The total balance of USDT and USDC among retail holders has grown rapidly in the past 2 weeks
- Despite this, the supply of all top stablecoins on exchanges has actually increased since ‘Black Thursday’
- On-chain activity (transaction volume and exchange inflow) for top stablecoins is beginning to normalize back to pre-dump levels
Detailed analysis here 👉👉 👉 https://tinyurl.com/wm72npf
In today's analysis, we look at the recent market growth of the top 4 stablecoins - USDT, USDC, PAX and TUSD - and what it tells us about the general state of crypto.
Here are the quick takeaways:
-The biggest non-exchange addresses of top stablecoins - especially USDT and USDC - have been acummulating in a hurry since the market crash
- The total balance of USDT and USDC among retail holders has grown rapidly in the past 2 weeks
- Despite this, the supply of all top stablecoins on exchanges has actually increased since ‘Black Thursday’
- On-chain activity (transaction volume and exchange inflow) for top stablecoins is beginning to normalize back to pre-dump levels
Detailed analysis here 👉👉 👉 https://tinyurl.com/wm72npf
insights.santiment.net
Is everyone FUDing into Stablecoins? - Santiment Community Insights
Takeaways:The biggest non-exchange addresses of top stablecoins - especially USDT and USDC - have been acummulating in a hurry since the mar
📣 The latest market insight based on Santiment's data (https://tinyurl.com/y5tln7hv):
Sanbase
Exclusive on-chain, social and development metrics, low-latency market signals and daily insights on the cryptocurrency market
Is anyone FUDing into Gold?
Today's analysis is an addition to yesterday's story of stablecoins. It's on overview of gold tokens whales movements and risk.
Here are the quick takeaways:
- Wealthy owners are exiting
- Retail holders are increasing positions
- Risk seems to be above average
Detailed analysis here 👉👉 👉
https://tinyurl.com/tgoscop
Today's analysis is an addition to yesterday's story of stablecoins. It's on overview of gold tokens whales movements and risk.
Here are the quick takeaways:
- Wealthy owners are exiting
- Retail holders are increasing positions
- Risk seems to be above average
Detailed analysis here 👉👉 👉
https://tinyurl.com/tgoscop
insights.santiment.net
Is anyone FUDing into Gold? - Santiment Community Insights
TakeawaySummary: Finding out is tokenized gold another sort of "safe heaven"Assets covered: PAXG, DGX, XAUTMetrics used: Top holders percent
📣 The latest market analysis from the Santiment team (https://tinyurl.com/y5tln7hv):
How to Identify a Price Top using Sanbase (feat. MTL)
If you’ve been reading our insights for a while, you know we’re very comfortable with calling price tops when we see a coin’s name on our list of Emerging Trends.
The latest example comes from MTL, which pumped 83.4% in the past 48 hours before crashing down. 📉
Want to know why we knew it was gonna dump?
Here are the quick takeaways of our latest analysis:
➡️ MTL's recent on-chain and social data flashed a number of clear 'TOP' signals before the price dump
➡️ Extreme social volume is often accompanied by multiple 'bearish' on-chain patterns
➡️ Santiment’s Emerging Trends is an immensely accurate tool for predicting price corrections.
Read the full insight https://tinyurl.com/r59t4lv
If you’ve been reading our insights for a while, you know we’re very comfortable with calling price tops when we see a coin’s name on our list of Emerging Trends.
The latest example comes from MTL, which pumped 83.4% in the past 48 hours before crashing down. 📉
Want to know why we knew it was gonna dump?
Here are the quick takeaways of our latest analysis:
➡️ MTL's recent on-chain and social data flashed a number of clear 'TOP' signals before the price dump
➡️ Extreme social volume is often accompanied by multiple 'bearish' on-chain patterns
➡️ Santiment’s Emerging Trends is an immensely accurate tool for predicting price corrections.
Read the full insight https://tinyurl.com/r59t4lv
insights.santiment.net
How to Identify a Price Top using Sanbase (feat. MTL) - Santiment Community Insights
Mentions of 'MTL' on crypto social media, last 7 days (Source: Sanbase)Takeaways:MTL's recent on-chain and social data flashed a number of c