Forwarded from SHARK SIGNALS CRIPTO
#Bitcoin Long-Term Holder Supply está avançando para novos #ATHs todos os dias, após uma longa consolidação
📊@SharkSignalsCripto
The Week On-Chain 47, 2024
Bitcoin continues to relentlessly establish #new #ATHs, supported by robust capital inflows from both ETFs and the Spot Market, with over $62.9B entering the market over the last 30 days. As the #market proceeds to heat up, Long-Term Holder spending begins to rise in tandem.
Executive Summary
- Bitcoin’s rally to $93k has been fuelled by robust #capital inflows from both ETFs, and spot markets. Over $62.9B has entered the market over the last 30 days, with BTC dominating the demand inflows.
- Elevated unrealized #profits among long-term holders have triggered significant spending activity, with 128k #BTC sold between 8-October and 13-November.
- U.S. Spot ETFs played a pivotal role, absorbing around 90% of the selling pressure from long-term #holders over the analyzed period. This highlights the growing importance of the #ETFs in maintaining liquidity, and stabilizing the market.
The Week On-Chain newsletter.
Bitcoin continues to relentlessly establish #new #ATHs, supported by robust capital inflows from both ETFs and the Spot Market, with over $62.9B entering the market over the last 30 days. As the #market proceeds to heat up, Long-Term Holder spending begins to rise in tandem.
Executive Summary
- Bitcoin’s rally to $93k has been fuelled by robust #capital inflows from both ETFs, and spot markets. Over $62.9B has entered the market over the last 30 days, with BTC dominating the demand inflows.
- Elevated unrealized #profits among long-term holders have triggered significant spending activity, with 128k #BTC sold between 8-October and 13-November.
- U.S. Spot ETFs played a pivotal role, absorbing around 90% of the selling pressure from long-term #holders over the analyzed period. This highlights the growing importance of the #ETFs in maintaining liquidity, and stabilizing the market.
The Week On-Chain newsletter.
#CAP.T | Fechamento (M)
01/04/2024 00:00 UTC
- Capitalização total segue
#BTCUSD, porém
corrigindo mais forte em
função das alticoins.
- Próximo da mediana do
Indicador bands.
- RSI indica que tem espaço
para bater novos #ATHs.
- Chegamos nos 500 dias?
#BuyTheDip
⚡️ @TutorialBTC
01/04/2024 00:00 UTC
- Capitalização total segue
#BTCUSD, porém
corrigindo mais forte em
função das alticoins.
- Próximo da mediana do
Indicador bands.
- RSI indica que tem espaço
para bater novos #ATHs.
- Chegamos nos 500 dias?
#BuyTheDip
⚡️ @TutorialBTC