On-chain data suggests the selling pressure from the Bitcoin miners and HODLers has been drying up, a sign that could be positive for the asset. Bitcoin LTHs Stop Selling, While Miner Distribution Slows Down As explained by analyst James Van Straten in a post on X, two BTC groups in particular have been a source […]
On-chain data shows the Bitcoin “accumulation addresses” have observed all-time high inflows following the latest asset price slump. Bitcoin Accumulation Addresses Have Aggressively Bought The Dip As an analyst in a CryptoQuant Quicktake post pointed out, the total Bitcoin inflows going towards the accumulation addresses have set a new all-time high recently. The “accumulation addresses” […]
Bitcoin on-chain data shows the so-called “accumulation addresses” have been buying large amounts of the cryptocurrency this month. Bitcoin Accumulation Addresses Have Seen Large Inflows Recently As analyst Ali pointed out in a new post on X, Bitcoin accumulation addresses have been observing inflows recently. The “accumulation addresses” here refer to the wallets of the […]
On-chain data shows that Bitcoin long-term holders haven’t sold much during the recent downtrend, as their supply is still near an all-time high (ATH). Various Bitcoin Long-Term Holder Groups Have Supplies Still Near ATH According to the latest weekly report from Glassnode, most of the long-term holders have continued to HODL strong recently. The “long-term […]
On-chain data shows the Bitcoin long-term holders have ended 2023 with strong belief as their supply has blasted past the all-time high. Bitcoin Long-Term Holders End 2023 On Strong Accumulation As pointed out by CryptoQuant Netherlands community manager Maartunn in a new post on X, the BTC long-term holders have ended 2023 by repeatedly setting […]
On-chain data suggests the Bitcoin HODLers have remained stalwart recently, not selling despite the rally beyond the $44,000 level. Bitcoin Long-Term Holders Have Ignored The Latest Rally As Glassnode lead on-chain analyst Checkmate explained in a post on X, the old BTC hands aren’t even selling at levels similar to 2019 yet. The relevant indicator […]