BTC price nears critical support
"The 'Average short-term realized price(hereafter referred to as STH realized price)' acted as important support in March '23 and June '23, and as important resistance in April '22, November '22, and October '23. The current STH realized price is located at $37,800."
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by SignalQuant | @cryptoquant_official
🐋Strategic Movement of Whales on Bitfinex Impacts Tether Reserves and Bitcoin Market
"These figures suggest a clear trend: major traders are closing or reducing their positions in response to recent price fluctuations in the cryptocurrency market."
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by joaowedson | @cryptoquant_official
50% reduction in profit of The short-term holders:
"Usually, such significant reductions in the average profits of short-term holders, given their sensitivity to short-term market conditions, provide a strong rationale for selling pressure or Exit liquidity."
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by Crazzyblockk | @cryptoquant_official
Movement of 49,866 old Bitcoins occurred
"The average unit price of 5-7 year old Bitcoin is $6,672, which is a very cheap price to buy, and if you sell it now, you will realize a profit of about 640%."
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by Crypto Dan | @cryptoquant_official
BTC Korea Premium Positive, Coinbase Premium Negative, Suggesting a Short-Term Correction
"The historical chart shows that when the Korea Premium overheats by more than 3% and the Coinbase Premium turns negative, it means that US investors are selling and South Korean(Retail) investors are buying Bitcoin competitively."
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by MAC_D | @cryptoquant_official
Use the correction to buy Bitcoin
"A large influx of cash from ETFs is reflected in the increase of Supply Short-Term holders. BTC is actively being purchased. The last similar spike was observed in April 2023."
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by AxelAdlerJr | @cryptoquant_official
Coinbase records a year-high for Bitcoin over-the-counter (OTC) transfer volume, reaching $7 billion today. This reached the second-highest level in history.
Live Dashboard | @cryptoquant_official
Change bets
"Open interest in the Bitcoin futures market plummets and fails to recover, while open interest in the Ethereum futures market surges."
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by crypto sunmoon | @cryptoquant_official
Only 100 Days Until the Halving
"Between the most recent halving event of 2020 and the following year's all-time high, bitcoin experienced an impressive 654 percent ascent (purple)."
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by oinonen_t | @cryptoquant_official
BTC fluctuated due to ETF news, but HODLers did not move
"Yesterday's price action did not seem to have made much of an impression on investors who endured the 2019-2022 cycle."
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by Yonsei_dent | @cryptoquant_official
The trend of mining volume deposits surges
"We need to keep an eye on whether this surge in miner deposits is temporary or sustained for wise investment."
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by SignalQuant | @cryptoquant_official
BitMex Whale Playing (LTF)
"In the New Year dumping, BitMex aggressively increased their position (O.I.) while Binance positions where getting destroyed. "
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by BQ Youtube | @cryptoquant_official
On-Chain Wrapped: MicroStrategy
"Remarkably, in just one year, MicroStrategy has undergone a notable shift, from a loss of $1.8 billion on January 1 to a profit of $2.1 billion on December 27."
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by maartunn | @cryptoquant_official
The Korean premium is overheating
"The Korea Premium Index is often used to identify price tops because Koreans 1) have immediate access to cash to buy coins on exchanges, and 2) have a high FOMO hype."
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by SignalQuant | @cryptoquant_official
Miners collect all-time record fees of $23.7 million
"This increase in transaction fees has also impacted total mining revenue, currently around $63.8 million."
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by caueconomy | @cryptoquant_official
$ETH Overheated Futures Market Has Been Cooled-Off, Setting The Stage For Renewed Surge
"This decline signifies that the overall sentiment remains bullish, concurrently indicating a cooling-off in the perpetual markets from their previously overheated state."
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by Greatest_Trader | @cryptoquant_official
Will LTH’s cost-basis of $36.7k become key support?
"The band should not be interpreted literally. This is because each cohort has a different percentage (%) of the total Realized Cap. The LTH Cost basis does not show much difference from $37.04k."
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by Yonsei_dent | @cryptoquant_official
ETH $2.45k Massive Long Position Liquidations, Suggesting Uptrend Basis Price
"If a large number of long positions are liquidated, causing volatility to the downside, market sentiment has the potential to shift sharply, while if the price holds and bounces back, investors are likely to be reassured and return to buying. "
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by MAC_D | @cryptoquant_official
Mean Exchange Inflow Flashes Another Near Term Sell Signal - Caution Heading Into New Week of ETF Trading
"My analysis has found that a Mean Exchange Inflow reading above 7 is a warning of incoming sell pressure, possibly within a few hours to a few days."
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by DanBTC916 | @cryptoquant_official
[Exclusively for Institutional Clients]
On-Chain Trading Strategies & ETF Inflows
Dive into crypto trading with Tone Vays, Derivatives Trader and Founder of the Financial Summit & Unconfiscatable.
This week, join us as we explore on-chain trading strategies and dissect the impact of ETF inflows with industry experts. Don't miss out on key insights!
💡 Starring:
- Tone Vays, Founder of the Financial Summit & Unconfiscatable
- Julio Moreno, Head of Research
- Garrett Paymon, Head of Bitcoin Sales & Partnerships
- Ben Brannan, Head of Business Development
🎁 Perks:
- Access special post-webinar offers.
- Interactive Q&As.
- Gain exclusive, in-depth insights.
📅 Mark Your Calendar: Thursday, January 18th, 2024, 10am ET.
📌 We will only register the participants under the company or organization email domain for the Webinar.
Ready to gain insights from true industry experts? Don't miss out on this exclusive event.
Register Now | @cryptoquant_official
Capital flows back into the crypto market🔥
"The amount of dollar (ERC20) stablecoins on exchanges started the year at around $18 billion, but this week reached $20 billion."
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by caueconomy | @cryptoquant_official
Miner Outflow (Total) hits a 77-month high
Miner Outflow's Definition and Interpretation
Live Chart | @cryptoquant_official
2 Scenarios Before Bitcoin Spot ETF Approval and How to Respond
"1. Upside scenario
If Bitcoin rises to $48.5k, the share of 1D to 1W holders is likely to rise above 8%, which indicates an overheated market and reinforces a correction than a further rise.
$48.5K is the average unit price of 2-3Y holders, which is the only losing group among all Bitcoin investors, and their average unit price is likely to be the main resistance.
2. Bearish scenario
Bitcoin has seen a 20-30% decline in the past when rallying upwards, so it is likely that we will see a price correction of this magnitude, and if the price declines, $34K and $30K are likely to be the main support levels.
The average unit price by holding period chart in Chart 3, the 1W to 3M, 18M to 2Y holders are at $34k, and the 3 to 12 months holders are at $30k.
3. Conclusion
With the approval outcome just around the corner, risks are increasing as uncertainty grows, so it's unnecessary to take on the upcoming risk."
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by MAC_D | @cryptoquant_official
Significant Demand on Coinbase Since The Start of 2024
"This premium fluctuates, ranging from a few dollars to exceeding $50, underscoring robust buying activity."
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by maartunn | @cryptoquant_official
Spot Exchange Inflow(Mean) 7 day SMA hits a 45-month high
Live Chart | @cryptoquant_official
[Exclusively for Institutional Clients]
Bitcoin SPOT ETFs and their impact on the crypto market
When it comes to the future of Bitcoin ETFs, James Seyffart needs no introduction. As ETF Research Analyst at Bloomberg Intelligence, his insights have shaped the industry.
James returns to our platform to share his latest perspectives on the highly anticipated Bitcoin ETF approval, with the potential to make moves in January 2024.
💡 Starring:
- James Seyffart, ETF Research Analyst at Bloomberg Intelligence
- Julio Moreno, Head of Research at CryptoQuant
- Garrett Paymon, Head of Bitcoin Sales & Partnership
🎁 Perks:
- Access special post-webinar offers.
- Interactive Q&As
- Gain exclusive, in-depth insights.
📅 Mark Your Calendar: January 4th, 2024, 10am ET.
📌 We will only register the participants under the company or organization email domain for the Webinar.
Ready to gain insights from true industry experts? Don't miss out on this exclusive event.
Register Now | @cryptoquant_official
In-depth analysis of the behavior and distribution of BTCs held over 2 - 3 years.
"1. Looking at the Realized Cap-UTXO Age Bands (%), this cohort is 1/3 of the total realized capitalization percentage of all age groups combined.
2. The growth of real capitalization value of this group proves that more investors are holding for the long term in this period.
3. When Bitcoin reached its local peak in June 2019, the Realized Price of this cohort recorded a very high profit level; the market price at that time was $11.9K, and the realized price of the 2-3-year holding group was $1.2K. Meanwhile, the market price is still below the resistance zone of this cohort's realized price.
4. That proves that long-term investors who bought BTCs between Dec 20' and Dec 21' are still only near the BEP. This can be calculated using the NUPL data for this cohort alone."
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by BinhDang | @cryptoquant_official
The Importance of the Historical Resistance of the Puell Multiple Indicator in Bitcoin🔥
"Currently, we are witnessing the Puell Multiple reaching values that were significant resistance points in previous years, notably in 2012, 2016, and 2019."
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by joaowedson | @cryptoquant_official
[Exclusively for Institutional Clients]
Bitcoin SPOT ETFs and their impact on the crypto market
💡 Starring:
- James Seyffart, ETF Research Analyst at Bloomberg Intelligence
- Julio Moreno, Head of Research at CryptoQuant
- Garrett Paymon Ghahyasi, Head of Bitcoin Sales & Partnership
🎁 Perks:
- Access special post-webinar offers.
- Interactive Q&As
- Gain exclusive, in-depth insights.
📅 Date & Time:
10am ET. Thursday, January 4th, 2024.
📌 We will only register the participants under the company or organization email domain for the Webinar.
Register Now | @cryptoquant_official
Bitcoin: Declining Professional Trader Bullish Sentiment
"When Bitcoin's price is on the rise amid high open interest and a declining Coinbase Premium Index, it frequently signals an overheated market."
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by Phi Deltalytics | @cryptoquant_official