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Crypto News Aggregator by EXCAVO
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📈 #IntoTheBlock : The amount of $ETH transferred on Mainnet reached its highest since May 2022 this week

📈 #IntoTheBlock : The amount of $ETH transferred on Mainnet reached its highest since May 2022 this week

Aviso legal: Se incluyen opiniones de terceros. Esto no representa asesoría financiera. Lee los TyC.
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Crypto News Aggregator by EXCAVO
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🎢 $ETH #IntoTheBlock : Last quarter, $4 billion worth of ETH was withdrawn from exchanges, indicating significant accumulation by holders.
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🤔 #CryptoQuant : Currently, $BTC has reached the peak of the 2021 bull market and is digesting profit realization volume. After a correction or sideways period of about 1-2 months, we are likely to see another strong rise. Bitcoin Realized Net Profit on-chain data indicates the size of profit/loss realized at that price range.
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📈 $BTC #Santiment : Bitcoin has bounced all the way back above $69K after dropping below $65K just two days ago. The culprit of the fall, according to most of the crypto community, is attributed to the U.S. government authorities' admission to selling nearly 10,000 BTC from the Silk Road seizure. There is expected to be four more similar sized sell-offs throughout 2024, which has evoked major fear from traders. As we can see, there have been two major spikes in crowd interest related to Silk Road in 2024, and both of them foreshadowed nearly instant crypto market spikes immediately afterward. Markets typically move the opposite direction of the crowd's expectation, so if fear continues, expect further price rises.
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😯 #Santiment : The following assets sit atop the top trending list of crypto assets that are driving market discussions and sentiment: #Wormholecoin : Trending due to the Wormhole Token Generation Event (TGE) and a massive airdrop of over 670 million tokens scheduled for today. $ENA Ethena Labs: Trending due to the surge in price and marketcap of Ethena Labs' governance token $WAVES Protocol: trending due to a proposal to invest #XTN treasury funds into the Waves Index (WIND) pool, with the protocol buying tokens using WAVES from Neutrino reserves.
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🧐 #CryptoQuant noted record-long positive $BTC futures funding rates, signaling strong bullish sentiment. Historically, such optimism precedes price corrections. A subsequent drop may offer a prime buying opportunity.
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