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🖼 The number of NFT traders is at the lowest level since July 2021, before the initial round of NFT hype broke out.
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💰 Notional CME OI has reached a new ATH, surpassing 150,000 BTC for the first time.
All growth in CME exposure over the past 3 weeks stems from 2x long BTC ETFs, which have seen their BTC equivalent exposure surge by 148% in 3 weeks — link
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💰 Bitcoin Ordinals surged to $1.6B in sales volume and 200K unique buyers in the past 3 months.
While OKX was the dominant marketplace, accounting for two-thirds of the total sales volume over the last three months, Magic Eden has begun to emerge as the default marketplace for Bitcoin Ordinals since early February — link
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🥇 Blackrock Bitcoin holdings surpass MicroStrategy
40 days after Bitcoin spot ETF trading began, BlackRock's IBIT currently holds more Bitcoin than MicroStrategy.
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💰 4% of the entire Bitcoin supply is now backing US Bitcoin ETFs.
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💰 Short-term holders, investors who have held Bitcoin for less than 155 days, transferred 65,000 Bitcoins in profit to exchanges on Mar. 6.
According to data from Glassnode, this marks one of the highest amounts of profit sent in Bitcoin terms in the past five years.
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🔵 The onchain activity levels on Base are currently on par with the first 2-3 weeks from its launch — link
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🥇 Trading volume of spot Bitcoin ETFs hit a record $10bn yesterday.
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💰 BITCOIN MARKET CAP ALL TIME HIGH 🚀
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⚡️ February 2024 notched the biggest monthly candle in Bitcoin history in dollar value. 🥇
It has been 29 months since BTC posted a monthly candle of this size in October 2021, the month before it made the current all-time high around $69,000.
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💰 Bitcoin had its best monthly performance since December 2020.
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💰 New record for Bitcoin ETF trading volume is officially $7.69 billion. Previous record was $4.66 billion from launch day — link
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📊 The ETH/BTC ratio rose to its highest level since early January last week — link
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💰 The new nine Bitcoin ETFs have broken all time volume record today with $2.4b, just barely beating Day One but about double their recent daily average. Blackrock's $IBIT went wild accounting for $1.3b of it, breaking its record by about 30% — link
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🪙 An Over 800,000 $ETH Reduction
Exchanges have seen a net outflow of over 800,000 Ether, worth about $2.4 billion. It cannot be stated enough that this reduction in the Ether exchange reserve balance is extremely remarkable and, not least, bullish for Ethereum.
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💰 BlackRock's BTC ETF has surpassed 200,000 BTC under management — link
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💰 Bitcoin spot volume surged to $51bn on March 5th, reaching multi-year highs, surpassing trade volumes seen the last time Bitcoin hit ATH in November of 2021 — link
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💰 Solana memes have driven Solana DEX volumes to annual peaks, reflecting a surge in TVL, stablecoin liquidity, and daily transactions — link
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🏦 Coinbase is increasingly dominant in the 🇺🇸 U.S. since the ETF approvals.
Over the past 3 months, its BTC market share has climbed from 47% to 60% — link
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💰 Spot Bitcoin ETF cumulative trading volume crosses $100 billion
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🪙 Over $36 billion locked in Ethereum layer 2's — link
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💰 BTC ETF MarketCap Dropped from $54.5 Billion to $50 Billion.
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💰 Total BTC hold by Bitcoin spot ETFs near to 700k — link
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📊 The 7-day rolling average of fees paid by users on Ethereum Layer 2s has reached a new all-time high, with Linea leading with an average of $500k in fees paid per day — link
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💰 Bitcoin hits yearly high, with 99.6% of supply in profit.📈
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💰 The new spot Bitcoin ETFs saw record inflows of $673 million yesterday, beating the Day 1 record of $655 million. $IBIT took in a record $612 million, crossing $9 billion in assets — link
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💰 Michael Seiler’s MicroStrategy
Bitcoin investments currently have $5.7 billion in unrealized profits
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🇺🇸 U.S. spot bitcoin ETFs now hold over 300,000 🥇 #Bitcoins in assets under management
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💰 The open interest for CME Bitcoin futures has risen 58% to $6.8B in February compared to an 86% increase to around $1.1B for CME Ether futures — link
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🪙 Tron Fee Revenue Hits ATH $1.758M High
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