Bitcoin prices are consolidating around the $77,000 mark, following a net 2.12% in the last week. The maiden cryptocurrency has registered significant positive traction in April, rising from around $67,000 to its current price level in the last three weeks. However, on-chain data indicates Bitcoin is yet to encounter the major resistance levels that could…
Bitcoin’s long-term holder supply change has moved back into positive territory over the past 30 days, as the coin reclaims the $71,000 level today. The data point is getting attention because only 29% of long-term holder supply is now sitting in loss, still well below the 44% to 53% levels seen at major cycle bottoms…
Seventeen of the top 25 largest Bitcoin ETF holders added to their positions while ordinary investors were selling. That split tells a story that goes beyond a single month of on-chain data. Smart Money Moves Against The Crowd Bitcoin exchange-traded funds pulled in $1.5 billion over five trading sessions, capping the stretch with a single-day…
As Bitcoin (BTC) continues to set new all-time highs (ATH) – reaching $123,218 on Binance on July 13 – on-chain data reveals a shift in holder behavior that could threaten the cryptocurrency’s bullish momentum. Bitcoin Holder Rotation May Derail Rally According to a CryptoQuant Quicktake post by contributor IT Tech, long-term Bitcoin holders (LTH) –…
