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Has the Crowd Finally Given Up Hope? (TWIC July 5th)
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š³š Bitcoin whale and shark wallets are increasing in number while small traders sell off their bags during this dip period. July has seen a net increase of +261 wallets that now hold at least 10 BTC, which should give traders comfort in a long-term bullish future.
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šø The month of July has seen an average of $1.75B in Bitcoin ETF volume per day among the 7 largest ETF's. However, things have picked up after a slow start: š Average volume, July 1st through 3th: $1.24B š„³ Average volume, July 4th through 10th: $2.13B (+72% Rise)
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š„³ SanR is available for all traders to copy trade, earn instant crypto prizes, and learn from the very best pro traders that use all of the @santimentfeed tools you may still be getting to know. New contests start fresh every two weeks! http://sanr.app
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š Altcoins like Ethereum Name Service (ENS) and Treasure (MAGIC) have erupted in network growth over the past 24 hours, surpassing major milestones. Historically, when projects see these spikes while at a flat price performance, there is an increased chance of a breakout.
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š The network with the highest level of address activity over the past month is Tether (specifically on the BNB network), which may surprise you. We measure each network's level of activity by counting the average amount of unique addresses making at least one transaction on a daily basis. Here is the full top 10 list, with 4 of the entries being stablecoin networks. Dollar signs represent stablecoins, coins represent traditional crypto assets: šµ 1) Tether (On BNB's Network) š„ šŖ 2) Bitcoin š„ šŖ3) Ethereum š„ šŖ 4) Polygon (On Polygon's Network šŖ5) Litecoin šŖ6) Worldcoin (On Optimism's Network) šµ7) Tether (On Ethereum's Network) šµ8) Tether (On Polygon's Network) šŖ9) Bitcoin Cash šµ10) USD Coin (On Optimism Network) Check out the full list of coins here, and sort by DAA (daily active addresses) or any other metric you'd like to compare to optimize your portfolio:
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