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📊 Despite the drop in
$BTC
, weighted average funding rates are still positive
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📈 #Santiment : $RNDR , $AAVE , and $MKR are the three most notable altcoins seeing address activity rises the past couple of days amongst the many market cap rises. Historically, rising levels of wallets interacting on networks is a sign of future bullish behavior.
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🎢🤔 $BTC #CryptoQuant : Checking the aSOPR metric shows that Bitcoin is engaged in the 1.05 resistance. Bitcoin has experienced this level in previous cycles before the bull run. Bitcoin will fluctuate between 57 and 72 thousand dollars for a while and then we will see a bull run.
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🐳📈 $XRP On-chain data from #Santiment reveals that large Ripple wallet investors purchased 300M XRP between July 12th and 15th. This activity suggests potential accumulation by institutional investors.
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📈👀 $IMX #ImmutablezkEVM , 4 months after beta launch, is one of the fastest growing chains in history. ▪️ From 3K to 2.2 million monthly active users (in 3 months); ▪️ From 220K to 1.9 million signups to Passport wallet.
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🗣 $BTC #Santiment : Bitcoin's sentiment has shown greed & #FOMO signs following a +8.7% surge the past 48 hours. Comments are 49% positive, 21% neutral, and 30% negative for crypto's top market cap coin.
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