It’s been a while since you last knocked on our gates! ✊ Don’t miss out on points – the more you earn, the bigger your slice of the upcoming airdrop! Plus, the longer your streak, the greater your rewards – so it pays to keep unlocking those doors.
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Coinglass data reported that in the last 24 hours, the cryptocurrency market had a total of $518 million in Liq, $306 million of which was long and $212 million was short.
The total portion of $BTC compensation was $127 million and the total $ETH compensation was $88 million.
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If you're part of #HamsterKombat, #Catizen, #Blum, #Dogs, #SEED, #YesGold, #Notcoin, or #Tapswap, congratulations! You are now eligible for #TONKombat AIRDROP!
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🗓 Snapshot Date: October 31, 2024 ✈️ Airdrop Requirements? Complete all in-app tasks to secure your share! 👇👇 https://linktr.ee/kriptoemrah
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🚀 AlpacaAI V2 is live and the rewards are HUGE! 🦙💰
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#Bitcoin’s short-term holder supply has decreased significantly throughout 2024. The first chart shows a significant drop from 3.3 million BTC in April to below 2.8 million BTC by the end of August. The chart shows that Bitcoin’s price has remained relatively stable with only minor fluctuations as the supply held by short-term holders has decreased. #Bitcoin’s short-term holder supply has decreased significantly throughout 2024. The first chart shows a significant drop from 3.3 million BTC in April to below 2.8 million BTC by the end of August. The chart shows that Bitcoin’s price has remained relatively stable with only minor fluctuations as the supply held by short-term holders has decreased.
Providing a historical perspective, the second chart highlights that this level of short-term holder supply is approaching levels last seen in the 2019 and 2020 bear markets. This historical context may suggest that the current decline may be an early indicator of a market consolidation phase, especially considering similar patterns observed in previous cycles. Bitcoin’s decreasing price elasticity of short-term supply suggests potential accumulation by long-term holders.