On-chain data suggests the Bitcoin short-term holders haven’t been capitulating during the crash, a sign that a shift has occurred in the market. Bitcoin Short-Term Holders Haven’t Been Doing Much Loss-Selling Recently As pointed out by analyst James Van Straten in a post on X, the BTC short-term holders haven’t been sending much BTC at […]
On-chain data suggests around 729,400 Bitcoin wallets cleared themselves out in the last month. Here’s what could be behind this trend. Bitcoin Wallets Carrying A Balance Have Taken A Sharp Hit In Past Month In a new post on X, the on-chain analytics firm Santiment discussed the trend in the “Total Amount of Holders” for […]
On-chain data suggests Bitcoin has been going through one of its longest profit-taking events in the past five years over the last few months. Bitcoin Has Observed Profit-Taking For Around 90 Straight Days In a new post on X, analyst James Van Straten has discussed about the profit-taking spree currently ongoing in the Bitcoin market. […]
On-chain data shows that Bitcoin miners have participated in a selloff during the past day as they have offloaded 3,000 BTC from their wallets. Bitcoin Miners Have Sold $131 Million Worth Of The Asset During Past Day As pointed out by analyst Ali in a new post on X, the BTC miner reserve has plunged […]