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Bitcoin
has hit a new all-time high above $106K. Let's break down how investor cost bases were distributed leading up to this milestone, using Glassnode's new CBD tool 🧵👇 https://glassno.de/cbd
#BTC
Izjava o omejitvi odgovornosti: Vključuje mnenja tretjih oseb. Ni finančni nasvet. Lahko vključuje sponzorirano vsebino.
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BTC
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Looking at price performance, SOL outpaced both ETH and BTC for most of Q4 2024. However, since early December, ETH has taken the lead, outperforming the other two assets. Today, the 30-day performance stands at: ETH: +26.96% BTC: +17.49% SOL: +1.61% A clear shift in momentum. 📊:
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#Solana investors are #HODL-ing firm, expecting higher prices. Long-term holders’ share of wealth locked in the network is growing. The 6-12 month cohort now holds 27% of the supply, showing conviction from 2024 rally buyers. #SOL’s RHODL Waves chart: https://glassno.de/3Da2yIi
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#Chainlink's token $LINK has hit its highest price in nearly 2 years, and Futures Open Interest (OI) just surged to an all-time high of $770.27M! For context: 🔸 $LINK OI: $770M 🔸 $TON OI: $259M 🔸 $TRX OI: $356M #LINK's OI is 3x TON & 2x TRX, signaling massive trading activity. See the Futures Open Interest chart here:
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#Bitcoin crossing $100K is a monumental milestone in its evolution into a global financial force. This week's edition of Glassnode's Week On-Chain newsletter tells the fascinating story of this journey through the lens of #onchain data:
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With distribution accelerating over the past 30 days, #HODL-ing #BTC is no longer the default behaviour of market participants as a whole. The Long/Short-Term Holder Supply Ratio has dropped to 3.78, which is the lowest it's been this cycle. See the chart here:
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