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📊 Backed tokens from #DWFLabs that are now in the accumulation phase
📊 Backed tokens from
#DWFLabs
that are now in the accumulation phase
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🎢 $BTC Ali Martinez: By rising above $66,250, bitcoin will gain the strength to push towards $69,150. And if this resistance barrier is breached, then BTC can advance toward a new all-time high of $92,190.
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🐳 $ADA #Santiment : Cardano's whale transactions exceeding $100K in value has exploded to the highest amount since November 8th. These spikes in whale activity historically correlate with potential price reversals. ADA's market cap has shrunk -43% since March 13th.
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⛏ $BTC #CryptoQuant : Bitcoin miners are extremely underpaid right now as daily revenues have plummeted to the lowest since Nov 2022. The miner profit/loss sustainability reached the lowest since June 2021
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📊 $BTC #ETF #IntoTheBlock : Recent trends in ETF flows have shown a net negative, though the outflows have been relatively minor, primarily originating from Grayscale. Despite concerns that the halving might trigger a 'sell the news' event among institutions, the data suggests these fears were unfounded. However, it appears that a new catalyst is necessary to initiate another round of institutional accumulation.
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🐳 $ADA #IntoTheBlock : Cardano whales are busy, with an average large transaction volume of $13.84B a day in the last 7 days. For comparison, this is a third of Bitcoin's current volume, 5x as much as Litecoin's volume and over 16x that of Dogecoin.
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