Bitcoin dropped to under $109,000 as long-term holders realized 3.4 million Bitcoin profits and ETF inflows slowed, signalling potential cycle exhaustion. Bitcoin could be headed for a deeper correction as cumulative realized long-term holder profit taking has now reached levels seen in previous market cycle tops, according to onchain analysis Long-term holders realized 3.4 million…
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A market indicator is flashing that Bitcoin is now firmly in a “high risk” zone — a sign it could be in the early stages of a bull market, says Glassnode. On-chain indicators assessing Bitcoin’BTC) value have entered a “high-risk” zone and could mean the cryptocurrency is in the initial stages of a bull market,…
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The last low came on August 5, 2019, when the number of linked addresses was 2,023, according to data from the blockchain analysis firm Glassnode on February 19, the number of whales owning more than 1,000 BTC (or the number of wallet addresses above) was 2,027. Each associated whale wallet address is holding more than…
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You may have observed a ” funding rate ” among other indicators with regard to crypto futures when trading long or short on an exchange. Although there are numerous measures to measure volume, volatility, and other factors, the majority of them have no bearing on your position. Funding rates, on the other hand, frequently go…
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