The importance of Bitmex exchange Ethereum reserves
“When Bitmex Ethereum whales buy through Bitmex, we observe a decrease in reserves. Conversely, when they sell, we see an increase in Bitmex reserves.” – Link
By BlitzzTrading | @cryptoquant_official
Signs of a Local Bottom?
After a 15% correction, Bitcoin shows potential signs of a local bottom. Open interest has declined, funding rates are near zero, suggesting a more balanced market. Crucial U.S. economic data incoming. Is the tide turning? – Link
By Gustavo Faria | @cryptoquant_official
Time for the accumulation whales to respond
“This is time when accumulation whales are likely to respond to market fear, indicating a potential V-shaped rebound.” – Link
By Mignolet | @cryptoquant_official
Guessing The Peak Of the Market
“When the asopr indicator rises above 1, it generally occurs during market uptrends, indicating a higher likelihood of continued price increases. However, historical data suggests that when this indicator approaches 1.08” – Link
By Woominkyu | @cryptoquant_official
On-chain metrics of TON are going parabolic!
“The transfer volume ranges between $5.0B ~ $10.0B. For comparison, Bitcoin's average daily transfer volume is around $50.0B. This indicates that TON has already achieved between 10% Bitcoin's capacity.” – Link
By maartunn | @cryptoquant_official
Join us live here on Telegram, June 20th at 10am ET as we dive into the TON Ecosystem with expert insights.
Understand TON’s activity and use cases in-depth.
Don’t miss out!
MVRV near the Distribution Region
“Therefore, the current phase is Neutral with low volatility and a tendency for a big move to follow.” – Link
By G a a h | @cryptoquant_official
Retail is Not Here Yet
“This structure suggests that we have not yet reached the peak euphoria of this cycle. The predominance of long-term holders in the market forms a more solid price support base.” – Link
By Gustavo Faria | @cryptoquant_official
Spent Output Age Bands (%)
“40% of the sent Bitcoins are in the 3M-6M range, 20% are in the 6M-12M range, and the remaining portion is mixed. These sent Bitcoins will create selling pressure.” – Link
By XBTManager | @cryptoquant_official
Whales Actively Transfer TON Ahead of Significant Price Surge
“In the following months, the price began to rise and is now above $7. Monitoring whale movements in the future can help identify potential price peaks.” – Link
By maartunn | @cryptoquant_official
Reserve Risk Indicators: A Guide for Bitcoin Investors
“Historical analysis shows that low Reserve Risk periods have historically yielded outsized returns, underscoring its relevance in assessing market sentiment and investor behavior.” – Link
By joaowedson | @cryptoquant_official
Market Resilience During Miner Capitulation
“The analysis of hash ribbons and the current market dynamics suggest that despite the challenges faced by miners post-halving, the Bitcoin market remains strong.” – Link
By Kripto Mevsimi | @cryptoquant_official
Bitcoin: Are the whales still buying?
“More than 20,000 Bitcoin flow to whale wallets. It appears that the whales took advantage of yesterday’s correction in Bitcoin and accumulated additional quantities.” – Link
By abramchart | @cryptoquant_official
The Largest Ethereum Outflow of the Year from Coinbase (336K+): What Does It Mean?
“Analyzing Coinbase's 2024 data, we can observe that this is the 5th time more than 150,000 Ethereum has been withdrawn from the exchange.” – Link
By burakkesmeci | @cryptoquant_official
Ethereum's plummet might persist in the short term, if nothing changes!
“This trend suggests that the majority of futures traders have been selling Ethereum aggressively, either for speculative purposes or to realize profits.” – Link
By ShayanBTC | @cryptoquant_official
Exciting Collaboration with TRON DAO!
We’re excited to announce that we’ve collaborated with the TRON DAO and have successfully integrated TRON network data into CryptoQuant.
This new addition provides deep, actionable insights into the TRON network, enhancing your ability to analyze and strategize.
Tap into these insights now.
Data Dashboard | @cryptoquant_official
Levels of Correction Based on Supply in Profit
“Compared to past cycles, it appears there are still at least two more months remaining in the major bull market phase.” – Link
By Yonsei_dent | @cryptoquant_official
Bitcoin is trading below the critical support level of $65.8K, now below $64K.
Falling under this threshold suggests a potential 8%-12% correction toward $60K.
Explore our Crypto Weekly Report.
@cryptoquant_official
MicroStrategy Acquires 11,931 BTC for $786 Million
“With this latest acquisition, MicroStrategy's total bitcoin holdings have reached 226,331 BTC, solidifying their status as one of the largest whales in the bitcoin market.” – Link
By maartunn | @cryptoquant_official
The Ethereum OI data has dropped from $13 billion to $11.5 billion, giving the market some breathing space
“Following this significant increase in OI data, a sharp correction ensued, with OI data pulling back by $1.5 billion to $11.5 billion.” – Link
By burakkesmeci | @cryptoquant_official
XRP in the Spotlight
“This trend suggests that as open interest rises alongside price, investors are opening more positions with the expectation of XRP's price increase.” – Link
By Woominkyu | @cryptoquant_official
3 Reasons Behind the Recent Cryptocurrency Market Declines
“While current conditions are causing fear and selling among short-term investors, the strong support level of around $62,400 for short-term holders' average realized price could help stabilize prices in the near term.” – Link
By IT Tech | @cryptoquant_official
The Open Network (TON) hit all-time high, $7.3 turned support
“A few days ago, the price peaked at $7.3, but that level has now been broken and turned into support. As long as that level sticks around, this is a really bullish chart. ” – Link
By maartunn | @cryptoquant_official
Bitcoin reserves on Coinbase have been rapidly declining since February 2024
“While there were 1,044,997 Bitcoins on February 18, 2024, the reserves on the Coinbase exchange dropped to 878K following the increased demand due to Spot ETFs.” – Link
By burakkesmeci | @cryptoquant_official
Bitcoin Miners Offload Holdings
As Bitcoin prices hovered between $69K-$71K, miners are increasingly offloading holdings. Significant transfers to exchanges and OTC desks highlight growing pressures amid falling revenues post-halving.
On June 9th, over 3,000 BTC were transferred mostly to Binance, contributing to a drop in Bitcoin’s price to $66K. The following day, OTC desks saw a surge with 1,200 BTC sold, the highest daily volume since late March.
Marathon Digital has ramped up their sales dramatically, offloading 1,400 BTC in June—a steep rise from just 390 BTC in May. This accounts for 8% of their previous holdings.
The halving has resulted in decreased transaction fees and a persistently high network hashrate, which has only seen a minor decline of 4% post-halving. These factors are squeezing miner revenues.
Historical trends suggest that sustained low revenues and high hashrate could point to a potential market bottom, hinting at possible stabilization or recovery.
Dive into all the details in our latest Crypto Weekly Report.
@cryptoquant_official
The movement of small investors is important in predicting the peak of a bull market
“The second half of the bull market has only begun, the possibility of additional capital inflow and a strong rise in Bitcoin can be seen as open in the near future.” – Link
By Crypto Dan | @cryptoquant_official
Innovative Market Evaluation: Understanding Bitcoin with True Market Mean Price (TMMP) and AVIV Ratio
“When the AVIV Ratio turns yellow or red, Bitcoin encounters resistance, signaling that investors are distributing their coins and the cycle's peak is near.” – Link
By joaowedson | @cryptoquant_official
Weakening investment sentiment among Bitcoin and altcoin market participants
“After reaching a peak in March, it has decreased significantly due to Bitcoin's correction and sideways movement over a period of about three months.” – Link
By Crypto Dan | @cryptoquant_official
Bitmex and Binance Decoupling
“Often this kind of phenomenon is seen when whales in Bitmex start to accumulate positions while Binance retail gets washed out.” – Link
By BQYouTube | @cryptoquant_official
Analyzing TON's Price Volatility and Adjusted Sharpe Ratio: Implications for Speculators
“Currently, based on a 180-day Sharpe Ratio analysis, the price of TON has reached a level of fatigue, indicating a potential drawdown in price in the near term.” – Link
By ShivenMoodley | @cryptoquant_official