Ethereum Veterans Now Selling 45,000 ETH Per Day, Highest Since Feb 2021
On-chain data shows Ethereum investors with a holding time greater than three years have ramped up their selling to levels not seen since 2021. Seasoned Ethereum Holders Are Increasing Their Distribution As explained by on-chain analytics firm Glassnode in a new post on X, the 3 to 10 years old Ethereum holders have notably raised […]
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Bitcoin on-chain data shows exchanges this week have observed the largest inflows since July 2021, taking the price of the crypto to $33k. Bitcoin Exchange Inflows Spike Up To Highest Value Since July 2021 As pointed out by an analyst in a CryptoQuant post, the BTC exchange inflows have observed a sharp increase recently. The “all exchanges inflow” is an indicator that measures the total amount of Bitcoin moving into exchange wallets. When the value of this metric rises, it means an increasing number of coins are moving into exchanges. Such a trend may be bearish for the price....
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On-chain data shows ERC-20 stablecoins are currently seeing the highest number of exchange withdrawal transactions since May 2021. Investors Are Withdrawing Their Stablecoins From Exchanges In a new post on X, CryptoQuant community analyst Maartunn has shared about the latest trend in the Exchange Withdrawing Transactions for the Ethereum-based stablecoins. This indicator measures, as its […]
With Bitcoin and Ethereum still in recovery, Miami is in the spotlight. The Bitcoin 2021 Conference will take place tomorrow June 6th, 2021. Some of the most prominent figures from the crypto space will attend and discuss the past, present, and future of the industry. Miami’s highest public authority and Mayor, Francisco Suárez, has been […]
Crypto analyst The Cryptagon has raised the possibility of the Ethereum price mirroring Bitcoin’s 2018 to 2021 cycle, which he indicated was bullish ETH. This development comes amid record selling among ETH investors, which continues to exert downward pressure on the crypto. Ethereum Could Be Mirroring Bitcoin’s 2018-2021 Cycle In a TradingView post, the Cryptagon stated that Ethereum has been repeating Bitcoin’s 2018 to 2021 cycle very closely. He remarked that ETH’s long-term holders may remain bullish just by looking at this BTC cycle, seeing as ETH could achieve a similar end result....