Bitcoin Wholecoiner Inflows Decline To Lowest Levels Since November 2023 – De...
Bitcoin is seeing some relief after dipping below the $110,000 mark earlier this week, but risks remain firmly on the horizon. While the rebound has sparked cautious optimism among traders, many analysts warn that BTC could continue to lose momentum if selling pressure persists. The broader market has entered a fragile phase where investor sentiment […]
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Ethereum (ETH) has officially lost the $2,000 mark, trading below this key level for the first time since 2023 and reaching its lowest point since October 2023. The price plummeted as low as $1,750, marking a dramatic drop from its December 2024 high of $4,100. This staggering 57% decline has created a difficult environment for […]
Bitcoin’s bounce last week was quickly cut off by growing volatility in the broader crypto market, causing the price to fall below the pivotal $90,000 mark once again. Given the recent price fluctuations, investors’ sentiment, especially those on crypto exchanges, has shifted as inflows from BTC wholecoiners plummet. Binance Sees Sharp Drop In BTC Wholecoiner […]
With the number of “wholecoiner” Bitcoin wallets holding at least 1 BTC increasing every year, the remaining addresses represent just 5% of Bitcoin’s market cap. New data suggests that “wholecoiners” — Bitcoin wallets holding 1 BTC or more — now account for 95% of the cryptocurrency’s entire capitalization. That leaves just 5% of the market cap divided among tens of millions of users with a balance below 1BTC.The total number of wholecoiner addresses has steadily increased year-over-year since 2009, despite BTC's astronomic price rallies. On Nov. 27, Glassnode CTO Rafael Shultze-Kraft....
Managers bought $21 million worth of digital asset investment products last week, according to Coinshares. On a market-cap adjusted basis, Ethereum remains the most popular investment. Capital flows into cryptocurrency investment products rose again last week, though the pace of growth has slowed since the start of the year, possibly marking a local top in institutional demand. Net inflows totaled $21 million for the week ending March 27, 2021, according to Coinshares, a European digital-asset manager. That was the lowest level since October 2020 when Bitcoin (BTC) was trading sub-$14,000.....
As Bitcoin (BTC) reels amidst escalating geopolitical tensions between Israel and Iran – dropping from $110,530 on June 9 to just above $106,900 today – concerns are mounting that BTC’s upward momentum may have stalled. However, on-chain data suggests that both Bitcoin whales and retail investors still anticipate further upside for the leading cryptocurrency. Bitcoin Whale And Retail Inflows To Binance Tumble According to a recent CryptoQuant Quicktake post by contributor Darkfost, Bitcoin inflows to Binance crypto exchange from two distinct cohorts – whales and retail....