Capital Is Flowing Into Bitcoin Almost At a Record Pace: On-Chain Data
Bitcoin has exploded higher over the past few weeks. The coin is up around 50% in the past five weeks alone. Capital is flooding into the Bitcoin market almost at a record pace, according to Willy Woo. Woo specifically pointed to the Realized Price metric, which tracks the estimated cost basis of the average Bitcoin investor. Bitcoin Is Seeing Record Inflows… Almost: Willy Woo Bitcoin has exploded higher over the past few weeks. In the […]
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On-chain data shows the Bitcoin Realized Cap has surged to a new all-time high (ATH) recently, but monthly inflows have slowed down considerably. Bitcoin Realized Cap Is Growing At A Notably Slower Rate Now According to data from the on-chain analytics firm Glassnode, the Realized Cap of Bitcoin has just set a new record. The “Realized Cap” here refers to a capitalization model for Bitcoin that calculates the asset’s total value by assuming the ‘real’ value of any token in circulation is equal to the spot price at which it was last transacted on the network.....
On-chain data shows the shark and whale population on the Bitcoin network has surged to a new record, indicating continued influx of large entities. Bitcoin Sharks & Whales Are Sitting At A Record Count According to data from on-chain analytics firm Santiment, there are currently a record number of Bitcoin investors holding over 100 tokens. […]
Six U.S. senators have questioned the Securities and Exchange Commission (SEC) why its staff is quitting at a record pace. “Efforts to ram through hurried rulemaking without proper analysis, deliberation or consideration of downstream negative impacts is nothing short of regulatory malpractice,” the lawmakers told SEC Chair Gary Gensler. SEC Staff Leaving at Record Pace Six U.S. senators have reportedly sent a letter to the chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, inquiring why the securities watchdog’s employees are quitting at a....
On-chain data shows Ethereum has seen a significant rise in its Realized Cap recently, signaling the incoming of capital into the asset. Ethereum Realized Cap Has Climbed To $244.6 Billion Recently In a new post on X, the on-chain analytics firm Glassnode has talked about how the trend in the Ethereum Realized Cap has flipped since the Pectra upgrade. The Pectra upgrade went live on May 7th and introduced a bunch of improvements to the ETH network, including staking enhancements and an increase in transaction capacity. Related Reading: Is Bitcoin Ready For New ATHs? What The Charts Say As....
Ethereum’s realized cap has surged into new all-time highs this month, indicating that new money is rushing to accumulate ETH. Ethereum’s realized capitalization has increased by nearly 50% in January so far to tag new all-time highs above $70 billion, according to CoinMetrics.The data shows that Ethereum’s realized cap has more than tripled since dropping below $25 billion in during March 2020’s “Black Thursday” crash..Ethereum’s realized cap: CoinMetricsThe realized capitalization metric calculates the value of a crypto asset’s supply according to when each unit last moved on-chain. The....