Derivative Exchanges Record the Highest Coin Deposits
The number of coin addresses sending stable coins to all derivative exchanges has reportedly increased, according to a recent Cryptoquant post. Read CNL.
The number of coin addresses sending stable coins to all derivative exchanges has reportedly increased, according to a recent Cryptoquant post. Read CNL.
The predicted Shanghai Hard Fork may lead the $ETH exchange reserve to plummet further or give a chance for more liquidity to enable more $ETH purchases.
People who have held coins for a long time are increasingly listing them for sale. This kind of activity hasn’t happened since 2021 according to Cryptoquant.
BTC’s hash ribbon model was flawed in a published report. This was the first time the dead cross had emerged without the price of Bitcoin rising. Read CNL.
A rapid decrease in cryptocurrency values during another wild time led many analysts to predict a speedy market bottom. To learn more, read CNL.
According to a Netflow chart by Cryptoquant, the withdrawal of Bitcoin from exchanges has risen to its greatest levels in history during the last week.
A movement allegedly for the purpose of selling has been seen in the past weeks as long-term crypto holders have been seen moving their coins.
For the first time, Binance takes the lead in the number of Bitcoin reserves on the exchange. This is after surpassing Coinbase`s rank in the pair`s reserves.
Long-term investors’ will to continue amassing coin holdings has weakened. Concerns have been raised that the FTX disaster might make the crypto winter last longer.
Along with the collapse of competitor exchange FTX, Binance saw record volumes of withdrawals of Bitcoin, Ethereum, and stablecoins. Read CNL.
With a minimum loss of -9.2% and a maximum loss of 61.2%, investors who keep their investments for more than a day but less than 24 months, are still losing money.
Long-term investors currently hold more than 75% of all Bitcoin. Since October 2015, these percentages have not been observed: Cryptoquant analytics.