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🐳 After a brief distribution period,
Ethereum
whales are back to accumulating
$ETH
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📈 $TRX $SUN Tron network processed nearly 230 million transactions in August, marking a 7.8% increase from July. This growth highlights the continued upward momentum in the network's activity.
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📊 $BTC 's rising dominance amid crypto lull is a pillar of stability in volatile markets - #Matrixport
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🤔 $BTC #ArthurHayes argues that even if the Fed cuts rates, Bitcoin prices might not rally because large money market funds are parking cash in higher-yielding Reverse Repurchase Agreements (RRPs) instead of riskier assets like BTC. This drains liquidity from the market, countering the usual benefits of lower rates.
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📊👀 The largest volume of $BTC liquidations over the last 3-6 months is concentrated at the level of 70-72k. Similar size “blocks” of liquidations only at 34,000 and 26,000.
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📊 #IntoTheBlock data shows a net outflow of $1 billion worth of $BTC from major exchanges over the past week, indicating potential accumulation of funds for the upcoming bull run.
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