IntoTheBlock
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The Ethereum Foundation has been selling significant amounts of $ETH at the peak during every bull market ⭐
No significant $ETH sales by the foundation in the current cycle yet - either the price peak is still ahead or they have changed strategy 🤔 - @IntoTheBlock
#EthereumFoundation #Ethereum #IntoTheBlock
No significant $ETH sales by the foundation in the current cycle yet - either the price peak is still ahead or they have changed strategy 🤔 - @IntoTheBlock
#EthereumFoundation #Ethereum #IntoTheBlock
Number of Bitcoin on miners balances - minimum in 14 years: 1,900,000 $BTC 🌐 - IntoTheBlock
#IntoTheBlock #Bitcoin #Miners
#IntoTheBlock #Bitcoin #Miners
Behind @IntoTheBlock data total market cap stablecoins reached 161 billion June, 85% of its peak, which was reached in April 2022 with a 188 billion market cap.
Of that 161 billion market cap:
$USDT - 112 B
$USDC -32 B
$DAI - 5 B
#IntoTheBlock #Stablecoins #Marketcap
Of that 161 billion market cap:
$USDT - 112 B
$USDC -32 B
$DAI - 5 B
#IntoTheBlock #Stablecoins #Marketcap
The share of $BTC profitable supply still exceeds 81%
CryptoQuant provided data according to which the June Bitcoin drawdown had a tangible impact on investors who entered the crypto at the beginning of 2024.
The share of profitable $BTC supply has shrunk to 81.16%, while 18.84% of wallets are in a losing position.
Most Bitcoin holders are still in the plus side, but the share of unprofitable addresses has been increasing recently.
Analysts believe that when the $BTC price drops below $60,000, the share of profitable Bitcoin supply will drop to 70% - 76%.
Analysts from IntoTheBlock have noticed activity from the whales. The volume of transactions for amounts of $100,000 and above reached $77.24 billion in 24 hours.
The activity of Whales is one of the factors that stimulated the rebound of the crypto
#CryptoQuant #IntoTheBlock #Analysis #Holders #Bitcoin
CryptoQuant provided data according to which the June Bitcoin drawdown had a tangible impact on investors who entered the crypto at the beginning of 2024.
The share of profitable $BTC supply has shrunk to 81.16%, while 18.84% of wallets are in a losing position.
Most Bitcoin holders are still in the plus side, but the share of unprofitable addresses has been increasing recently.
Analysts believe that when the $BTC price drops below $60,000, the share of profitable Bitcoin supply will drop to 70% - 76%.
Analysts from IntoTheBlock have noticed activity from the whales. The volume of transactions for amounts of $100,000 and above reached $77.24 billion in 24 hours.
The activity of Whales is one of the factors that stimulated the rebound of the crypto
#CryptoQuant #IntoTheBlock #Analysis #Holders #Bitcoin
The number of active addresses in $BTC is at its lowest since 2018 - @IntoTheBlock 🤔
The total number of active wallets has reached multi-year lows. The week of May 27 saw 614,770 active wallets, the lowest since December 2018.
Also Bitcoin activity has fallen to its lowest level since 2010.
The lack of retail participation is believed to be reducing bitcoin wallet activity as the famous memcoins attract speculators, distracting them from more established cryptocurrencies.
#IntoTheBlock #Bitcoin❗ #wallets #activity #memcoins
The total number of active wallets has reached multi-year lows. The week of May 27 saw 614,770 active wallets, the lowest since December 2018.
Also Bitcoin activity has fallen to its lowest level since 2010.
The lack of retail participation is believed to be reducing bitcoin wallet activity as the famous memcoins attract speculators, distracting them from more established cryptocurrencies.
#IntoTheBlock #Bitcoin❗ #wallets #activity #memcoins
Miners have sold over 30,000 $BTC ≈ $2 billion since June, a record pace over the past year 👀
April halving cut miners reward per block in half, so here we go #IntoTheBlock #Bitcoin #Miners
April halving cut miners reward per block in half, so here we go #IntoTheBlock #Bitcoin #Miners
