📊 Stellar, Ripple and Solana-based investment funds see AUM spike in July — link
@CryptoWorldAnalysis
📣 On the leading lending protocols of Ethereum (Aave), Avalanche (Aave), Solana (Solend), and NEAR (Burrow), the amount of LSTs deposited has surpassed that of native tokens — link
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🐴 The majority of DEX activity occurs during U.S. hours (orange), suggesting that this is an important region for DeFi — link
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💰 Bitcoin adoption continues to climb as the Number of Addresses with a Non-Zero Balance reaches a new ATH of 47.9M addresses.
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🪙 Chainlink whales have accumulated around 11 million $LINK over the past month, worth roughly $77 million!
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🧊 Litecoin's highly anticipated #halving event within arm's reach on Wednesday, key traders holding between $9.5k and $950k worth of $LTC are aggressively accumulating. Like most coin halvings, this is being perceived as a #bullish event by traders.
@CryptoWorldAnalysis
💰 A large number of idle $BTC has been exchanging hands over the past 24 hours, which coincides with a 10,000 #BTC increase in supply on #crypto exchanges.
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💰 Bitcoin $BTC Number of Addresses Holding 1+ Coins just reached an ATH of 1,011,914
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💰 In BTC, the level of optimism again began to grow (against panic moods in mid -June) - Glassnode data
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💰 Bitcoin Supply Last Active Bands are all Currently at ATHs Suggesting HODLING is The Primary Dynamic Across All Subsections of Long-Term Holders (Glassnode)
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📊 Analysis of the Whale Netflow to Exchanges can be used as a proxy for the cohorts influence on the supply and demand balance. Whale-to-exchange netflows have tended to oscillate between ±5k BTC/day over the last five years.
However, throughout June and July this year, Whale inflows have sustained an elevated inflow bias of between +4.0k to +6.5k BTC/day.
@CryptoWorldAnalysis
🥇 Glassnode: at the moment, short-term holders are dumping BTC, long-term holders continue to accumulate it
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🥇 The #Bitcoin Supply Last Active Age Bands are all currently at ATHs. This suggests that HODLing is the primary dynamic across all subsections of the Long-Term Holder cohort.
🔴 Supply Last Active 1+ Yrs Ago: 69.2%
🟠 Supply Last Active 2+ Yrs Ago: 55.7%
🟢 Supply Last Active 3+ Yrs Ago: 40.1%
🔵 Supply Last Active 5+ Yrs Ago: 29.1%
@CryptoWorldAnalysis
💰 Bitcoin $BTC Amount of Supply Last Active > 10y just reached an ATH of 2,878,524.028 BTC
Previous ATH of 2,878,521.726 BTC was observed on 21 July 2023
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🇺🇸 RWAs and, specifically, U.S. Treasuries will likely continue to play a significant role in MakerDAO’s balance sheet for the foreseeable future. MakerDAO had recently purchased $700M worth of treasury bonds in June, bringing their total treasury holdings to $1.2B — link
@CryptoWorldAnalysis
🪙 Uniswap trading volume on Ethereum, the current level of $5.57B/week remains significantly lower than in previous years. There was a volume surge related to interest around Liquid Staking Tokens earlier in 2023, as well as a brief uptick in 'meme-token' which has since faded out.
@CryptoWorldAnalysis
📣 Youves and Sirius continued to dominate Tezos TVL in Q2 2023. Youves, the leading protocol by TVL, accounted for 54% of the total TVL with $47 million — link
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💸 Key whale & shark stablecoin wallets appear to be loading up during Bitcoin's visit below $30k here at the end of the month. Tether, USDCoin, BinanceUSD, & Dai are all seeing supply shifting into these key wallets. Explore more with Sanbase PRO.
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🟢 The MVRV suggests that $MKR holders may be inclined to book some profits as they currently have around 60% gains on the table.
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🪙 Chainlink has jumped ahead of the #altcoin pack Thursday. And prices appear to be powered by heavy whale accumulation, with the highest amount of transactions valued at $1M+ this year. Wallets holding 100K-10M $LINK are accumulating rapidly as well.
@CryptoWorldAnalysis
💰 ShibaInu has been a surprise winner during the final hours of a particularly dull trading week. Shark & dolphin wallets holding 10M-100B $SHIB tokens have accumulated ~$9M in just under 8 weeks, a significant amount for the 14th ranked #crypto asset.
@CryptoWorldAnalysis
💰 On July 24th, the liquidation of long Bitcoin positions across the net hit a monthly peak, with the liquidation price at $29,181.39. Currently, the amount cleared from long liquidations is at a relatively low point.
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🪙 Ethereum $ETH Total Value in the ETH 2.0 Deposit Contract just reached an ATH of 26,734,267 ETH
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💰 Both are increases in BTC liquidity. Issuance is continuous and LTH is cyclic. Calculated over a year, the following picture emerges. PoW still relevant with 38% share
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🪙 Ethereum $ETH Total Value in the ETH 2.0 Deposit Contract just reached an ATH of 26,606,303 ETH
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🥇 Lastly, pronounced selling from miners coming off a financially impressive quarter has put pressure on spot prices.
Below, we can see a considerable spike in transfer volume from #Bitcoin miner wallets to exchanges.
@CryptoWorldAnalysis
🥇 Isolating for coins flowing between Whale entities and exchanges, the chart below shows that the aggregate Whale balance has declined by -255k BTC since 30 May.
This is the largest monthly balance decline in history, hitting -148k BTC/month. This indicates that there are noteworthy shifts happening within the Bitcoin Whale cohort worth diving deeper into.
@CryptoWorldAnalysis
💰 BTC whale dominance is on the rise, accounting for over 40% of the volume sent to exchanges, as reported by Glassnode.
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📊 Since December 2020:
- #Coinbase reserves decreased by 513,000 #BTC
- #Bitfinex reserves increased by 241,000 $BTC
Source:- Glassnode
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