Analysis Shows Bitcoin Whales Are Stockpiling, but ‘BTC Ownership Is Not Highly Concentrated’
During the last few months, a few reports from mainstream media (MSM) outlets tried to prove that a large sum of bitcoin is controlled by a small group of...
These 3 On-Chain Levels Will Provide Bitcoin With Support as Price Crashes
Bitcoin’s strength didn’t last for long.
After attempting to run past the resistance around $10,000 on Monday, the cryptocurrency strongly reversed. On Wednesday, BTC fell as low as $8,950 —...
Bitcoin Whales Grow After Price Bottoms, Analyst Says ‘Coins Are Moving to Very Strong...
While the price of bitcoin has been consolidating just above the $30k handle, onchain data shows that when the price dropped to $28,800, bitcoin whales bought the dip. Statics...
Bullish For Bitcoin: BTC Supply Slowly Shifts From Whales Toward Smaller Entities
New data shows that the amount of Bitcoin held by smaller entities has grown significantly. Meanwhile, during the same time, whale-sized BTC wallets declined by a similar margin.
Clearly,...
Data Shows 78% of the Circulating Bitcoin Supply Is Illiquid, Only 4.2M BTC in...
Onchain statistics show 78% of the circulating bitcoin supply is illiquid and barely accessible according to Glassnode research. Data indicates that the analysts have classified 14.5 million bitcoin as...
Last 2 Times This On-Chain Signal Appeared, Ethereum Crashed. It’s Back Again
Ethereum has been on an extremely strong rally since the March lows, recovering to a local high of $250 from $88. This nearly 200% performance has allowed the cryptocurrency...
Number of Addresses Holding ETH Reaches a New All-Time High at the End of...
A new milestone has been reached in the crypto sphere, as the number of addresses holding Ethereum hit an all-time high of over 51.4 million before the end of...
