Glassnode

187,000 BTC Drained: Over $2 Billion in Bitcoin Leave the Top Exchanges Since June

187,000 BTC Drained: Over $2 Billion in Bitcoin Depart the High Exchanges Since June

Cryptocurrency reserves held on digital asset exchanges have been dropping to new lows, as a few of the prime exchanges have seen vital bitcoin reserve stability drops. A number of months in the past buying and selling platforms had much more bitcoin reserves available and onchain knowledge exhibits a couple of exchanges have seen clients …

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Bitcoin Supply Slowly Shifts From Whales Toward Smaller Entities

Bitcoin Provide Slowly Shifts From Whales Towards Smaller Entities

New information reveals that the quantity of Bitcoin held by smaller entities has grown considerably. In the meantime, throughout the identical time, whale-sized BTC wallets declined by an identical margin. Clearly, there’s been a large shift in provide, however what precisely does this crypto wealth switch signify? And is that this bullish or bearish for …

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bitcoin on-chain analysis

Bitcoin [BTC] On-Chain Evaluation Reveals Bull-Run Fails to Please Hodlers

commercial Bitcoin [BTC] value closed at an all-time second-highest on the month-to-month scale in July 2020. In earlier occasions, the value was above present ranges just for small intervals of time; throughout the bull-run of 2017 and briefly across the $14,000 high in Bitcoin. Commercial #Bitcoin buys not in revenue marked purple pic.twitter.com/FKKFD2LpEL — Crypto₿ull …

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Bitcoin's 10% Drop Shrugged Off - Traders Expect More Big Dips On the Way Up

Bitcoin’s 10% Drop Shrugged Off – Merchants Anticipate Extra Large Dips On the Approach Up

Bitcoin buyers are shrugging off the current drop in worth that noticed a lack of over 10.9% on Sunday. Various speculators imagine the worth remains to be very bullish however anticipate some extra huge dips alongside the best way. In the meantime, optimism has been cushioned as onchain statistics present that alternate withdrawals additionally surpassed …

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83% of Bitcoin Addresses Currently Profitable, Says Glassnode

83% of Bitcoin Addresses Presently Worthwhile, Says Glassnode

At the very least 83% of current Bitcoin addresses are at present in a state of revenue, in line with Glassnode. That’s a 43% improve since bitcoin’s precipitous crash on March 12, now often called the ‘Black Thursday.’ On the time, solely 45% of all of the BTC addresses had been worthwhile – a low …

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NewsBTC

Bitcoin Enters “Purchase Zone” As It Eyes $10,000 and Past

Bitcoin stays stagnant with out offering any clear indicators of the place it’s headed subsequent. Over the previous month, its value appears to have leveled off as continues consolidating inside a $1,000 buying and selling vary. The continued stagnation section pressured the Bollinger bands to squeeze on BTC’s 1-day chart. Squeezes are indicative or durations …

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Bull Run Imminent? Hodl Waves Chart Shows 60% of Bitcoin Hasn't Moved in a Year

Bull Run Imminent? Hodl Waves Chart Exhibits 60% of Bitcoin Hasn’t Moved in a Yr

In keeping with the creator of the analytical bitcoin information net portal, Look Into Bitcoin, a chart sometimes called ‘Hodl Waves’ reveals a bull run could possibly be imminent. The net portal’s analyst Phillip Swift not too long ago tweeted that 60% of all of the bitcoin in circulation hasn’t moved in twelve months. The …

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Crypto Exchanges See Withdrawal of $220M BTC after Halving

Ever since Bitcoin halved its mining rewards on Could 11, the variety of BTC withdrawn from crypto exchanges has elevated. Information from Glassnode means that that folks have withdrawn Bitcoin price $220 million from varied exchanges because the halving. Hundreds of BTC withdrawn In keeping with the Bitcoin Alternate Web-Move statistics from Glassnode, customers have …

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Bitcoin Network Is at Peak Health Post-Halving, Report Shows

Bitcoin Community Is at Peak Well being Submit-Halving, Report Reveals

A current report from Glassnode signifies that Bitcoin (BTC) community well being is near its most regardless of the current halving of miner rewards. On-chain BTC Index The corporate has not too long ago launched its on-chain BTC Index (GNI) that captures a lot of key on-chain metrics and combines them into simply digestible charts …

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