TON has undergone a significant deleveraging process, as evidenced by a sharp decline in the TVL of DEXs, CEXs, Derivatives, and Options. This movement suggests that many investors have become completely discouraged, liquidating positions and reducing their exposure to the asset.
However, this scenario can be seen as a positive signal, especially for whales. Historically, great opportunities arise when retail investors lose hope, creating an ideal environment for strategic accumulation by large
$380M in Transfer Volume Puts Binance in the Lead for USDT on TON
One of the key use cases on the TON Network is stablecoin transactions. By analyzing the USDT transfer volume, we can identify the major entities utilizing TON for stablecoin movement.
Looking at the total USDT transfer volume on TON from the start of 2025 until today, Binance has emerged as the dominant exchange, accounting for 34.8% of all USDT transactions, which translates to 381.18M USDT. This highlights Binance’s strong position in the TON stablecoin ecosystem.
How Much Demand Is Needed to Push Bitcoin Into the $150K Range?
So far, Bitcoin's structure has had the structural dynamics of a mature asset, with upward spikes and consequent consolidations that, for many, become "distressing." Bitcoin has a $2T Market Cap and is the sixth most potent asset among the world's fiat currencies (among the sharks, it is only worth 0.2% of all of them!)… Impressive!
By tracing a Fibonacci Expansion from the bottom in November 2022 ($15,450K) to our consolidation in 2024 ($48,934K), we demarcate a target between $136K and $150K,
Bitcoin Eyes $108K ATH: Can Market Momentum Overcome Bearish Divergence?
Bitcoin's recent uptrend has traders closely watching whether it can break above its all-time high of $108K. The key factor in this potential breakout is whether the market can generate enough momentum to surpass this critical resistance level.
A crucial on-chain indicator, the funding rates metric, has shown a bearish divergence. While Bitcoin’s price has surged toward ATH, funding rates have declined, suggesting weak demand in perpetual markets. This divergence indicates that bullish momentum
I would like to introduce a new index that analyzes the behavior of short-term holders (STH) in relation to realized capitalization. Realized capitalization consists of two primary components: short-term holders and long-term holders (LTH). Notably, the realized capitalization of STH provides valuable insights into the current state of the market.
The new index will represent the share of STH within the realized capitalization, thereby indicating the level of market activity and intensity. As i
Depositing transactions in Stablecoins, not quite a price pivot turnaround, but it will give you a good idea of the correlation to price and the money flow into each CEX at key points.
"The Crypto Market Remains Bullish… but It's Time for Caution"
This on-chain data analyzes the value (USD) of Bitcoin held for less than six months.
With each market cycle, the capital inflow continues to grow significantly. In this cycle, the introduction of Bitcoin spot ETFs is expected to drive additional capital inflows from both institutional and retail investors by the first half of 2025.
However, as shown in the chart, if Bitcoin and altcoins attract significant attention, leading to a surge in new investors and additional capital from existing inv
Cryptoquant's taker buysell ratio is strongly influenced by Binance's buysell data because it contains Binance data.
Also, the correlation between the taker buysell ratio and the price is not high. In other words, even if the index rises, the price is unlikely to rise.
The point is that spot volume on the USD side is pulling the price up.
What we want to talk about here is to understand the correct premise of the data.
Cryptocurrency is slowly but suddenly stepping into the Traditional Financial (TradFi) Markets, primarily driven by BTC ETFs and a pro-crypto stance in the U.S. under President Donald Trump. This development makes it relevant to compare the TradFi markets with the regular stock indices market.
For this analysis, I compare the trading volume of Binance spot (the biggest spot market in crypto) markets with major traditional financial indices, including the Nasdaq, Russell 2000, S&P 500, and Stoxx
The weekly variation in Open Interest for TON suggests a potential reversal ahead. In recent days, we've observed a pattern where the Open Interest Delta increases with each volatility spike—a behavior that previously preceded a sharp price surge.
If this trend repeats, we could be on the verge of a new recovery for TON. 🚀 Monitoring liquidity and positioning flows will be crucial to identifying short-term opportunities.
Bitfinex Reserve & Binance Funding Rate Thresholds Crossed: Is This the Bottom?
Recently, I confirmed that the Bitfinex Reserve and the Binance Funding Rate both reached their respective thresholds. I am now watching closely to see whether the price at that moment will turn out to be the bottom.
During the previous bubble, once this threshold was exceeded, prices tended to move toward new highs. I am anticipating an upward price movement without breaking below the recent daily low of $93,000.
*The first attached chart shows the current market, while the second chart is fr
The price is exhibiting sideways movements and undergoing an accumulation phase.
While the price is in the accumulation phase, I am monitoring the Open Interest indicator and observing that new positions are being opened.
To determine the direction of these newly opened positions, I am checking the Funding Rates indicator. I notice that traders are opening short positions.
There is a Gap zone below the range structure of the price. After a drop into this Gap zone, a high level of liquidity wi
TRON On-Chain Dashboard: the Data You Need to Evaluate TRON Ecosystem
Explore the TRON On-Chain Data Dashboard, your comprehensive tool for analyzing real-time blockchain metrics. Designed for traders, investors, and enthusiasts, this dashboard offers key insights into TRON’s ecosystem, helping you make data-driven decisions.
Key Metrics & Use Cases:
-Transaction & Token Flow: Track USDT transfers, token movements, and SunSwap activity to stay updated on network dynamics.
-Revenue & Fees: Analyze TRON's daily fee revenue and compare it with other major blockcha
Bitcoin's Leverage Balance: Traces of Upswings and Downturns
Bitcoin's Estimated Leverage Ratio (ELR) is a critical indicator for measuring the market's inclination toward risky positions. This ratio shows how much leverage investors are using in margin trading and provides valuable insights into market sentiment.
The chart compares Bitcoin's price (USD) with the Estimated Leverage Ratio over time. During the bull run of 2021, the leverage ratio also rose rapidly. This indicates that market participants were confident in the price increase and took on mo