LIVE
CryptoQuant Quicktake
@CryptoQuant_Quicktake
CryptoQuant.com - Leading On-chain Data/Analytics Provider
Following
Followers
Liked
Shared
From Traders to Whales: Binance’s Dominance in BTC Transaction Volumes and Netflows
Across the exchanges Binance, Coinbase Advanced, KuCoin, and OKX, Binance dominated transaction volumes in 2024, cementing its position as the liquidity leader. Throughout bullish and bearish periods, Binance showcased consistently higher inflow and outflow activity. These patterns indicate active user engagement, with traders capitalizing on both price surges and corrections.
In contrast, Coinbase Advanced experienced fewer inflows but significant outflows, particularly during price rallies. T
In contrast, Coinbase Advanced experienced fewer inflows but significant outflows, particularly during price rallies. T
Ethereum: the Relationship Between Net Flows on Spot Exchanges and Price
Ethereum’s net flow movements on spot exchanges play a critical role in understanding its price dynamics. Net flows represent the total amount of Ethereum entering and exiting exchanges. Net outflows typically indicate that ETH is being transferred to cold wallets, reducing selling pressure—this is considered a positive signal for the price. Conversely, an increase in net inflows generally suggests that investors are preparing to sell their ETH, creating downward pressure on the price.
Net Flow
Net Flow
The Demand for Bitcoin Is Impressive to Absorb the Supply… Hot Market but Not Scalding!
Zooming out on Bitcoin through the MVRV, measuring the magnitude of profits, it is notable that it stabilized in an “intermediate top” zone at 1.27, showing slight warming but still with much room to reach the top where we will find extreme euphoria.
Through Net Realized Profit, a derivative of Realized Cap that also measures the magnitude of profits, there is a slight cooling from $10B to $3B, a drop of 30% compared to November, the reduction suggests a positive sign for the market reducing su
Through Net Realized Profit, a derivative of Realized Cap that also measures the magnitude of profits, there is a slight cooling from $10B to $3B, a drop of 30% compared to November, the reduction suggests a positive sign for the market reducing su
Spot Market Demand Takes the Lead As Bitcoin Continues Its Upward Momentum
I have previously analyzed market trends driving Bitcoin’s price increases through the Fund Flow Ratio. In earlier observations, I noted that the Bitcoin bull cycle, which began in the first half of 2023, was initially led by the futures market. This was followed by a surge in spot market activity, which fueled additional price increases.
Starting in March 2024, both the futures and spot markets experienced a prolonged period of reduced trading activity. However, since October, trading volumes
Starting in March 2024, both the futures and spot markets experienced a prolonged period of reduced trading activity. However, since October, trading volumes
Bitcoin Hits a New ATH At $107,837 While Futures Market Stays Calm – What Does It Mean?
Bitcoin Hits a New ATH at $107,837 While Futures Market Stays Calm – What Does It Mean?
Let’s summarize the four key data points to quickly reach a conclusion:
1️⃣ Funding Rate: Dropped from 0.04% to 0.008%, indicating that carrying positions is relatively easier compared to yesterday, with a reduced risk of liquidation.
2️⃣ Taker Buy/Sell Ratio: Shows nearly neutral data, reflecting that sentiment lacks a dominant side at the moment.
3️⃣ Liquidations: Aside from a short liquidation during t
Let’s summarize the four key data points to quickly reach a conclusion:
1️⃣ Funding Rate: Dropped from 0.04% to 0.008%, indicating that carrying positions is relatively easier compared to yesterday, with a reduced risk of liquidation.
2️⃣ Taker Buy/Sell Ratio: Shows nearly neutral data, reflecting that sentiment lacks a dominant side at the moment.
3️⃣ Liquidations: Aside from a short liquidation during t
RLUSD Is Launching Tomorrow! 🔥
Ripple has confirmed that its Ripple USD (RLUSD) stablecoin will begin trading globally tomorrow, December 17. RLUSD is a 1:1 dollar-backed stablecoin fully supported by US dollar deposits, short-term US government Treasuries, and other cash equivalents.
Over the past two weeks, more than $65.9 million in RLUSD has been minted, with $13.3 million on the XRPL and $52.9 million on the Ethereum network. With this launch, RLUSD will compete with other major stablecoins like USDC and Tether.
Writte
Over the past two weeks, more than $65.9 million in RLUSD has been minted, with $13.3 million on the XRPL and $52.9 million on the Ethereum network. With this launch, RLUSD will compete with other major stablecoins like USDC and Tether.
Writte
Bitcoin Withdrawals From Binance Don't Stop !
While Bitcoin continues to hit multiple all-time highs in a row, withdrawals from Binance remain consistent, even with BTC prices exceeding $100K.
This trend, which began in early November, shows no signs of slowing down.
As a result, Binance's Bitcoin reserves have been steadily declining since August, with the pace of outflows accelerating significantly since November.
These withdrawals reflect strong investor confidence, as it appears that holders are opting to secure their BTC in private
This trend, which began in early November, shows no signs of slowing down.
As a result, Binance's Bitcoin reserves have been steadily declining since August, with the pace of outflows accelerating significantly since November.
These withdrawals reflect strong investor confidence, as it appears that holders are opting to secure their BTC in private
BTC : Time to Start Secure Some Profit ?
When the S2F reversion metric reaches a value above 2.5, it often signals a good opportunity to secure some profits, making it a valuable tool for market timing.
On September 11th, the metric gave a buy signal with a value below 1 when Bitcoin reached $57K.
The next critical level to monitor is a value above 3, which typically indicates that the market is overheating.
A prudent strategy when using this indicator is to take moderate profits once the S2F reversion ratio hits 2.5 and to secure l
On September 11th, the metric gave a buy signal with a value below 1 when Bitcoin reached $57K.
The next critical level to monitor is a value above 3, which typically indicates that the market is overheating.
A prudent strategy when using this indicator is to take moderate profits once the S2F reversion ratio hits 2.5 and to secure l
Decline in Interest for TON DEXs: Swaps and Pools Decrease Amid Price Correction
The number of swaps on TON DEXs has declined again, along with a reduction in the number of pools available. After TON's price approached 7.2 USD, significant volatility occurred, with the price fluctuating between 7.2 USD and 5.2 USD. This movement resulted in decreased interest in DEXs, both in swaps and pools.
Historically, an increase in swaps on platforms like Stone.FI and DeDust has been directly linked to TON's price rising, while a decline in these activities has accompanied price drops
Historically, an increase in swaps on platforms like Stone.FI and DeDust has been directly linked to TON's price rising, while a decline in these activities has accompanied price drops
Increasing STH, but Chilled Korean Investors!
The increase in short-term holders (STH) with assets aged under three months is primarily attributed to institutional investors or new whales, rather than retail investors. This is evidenced by changes in whale balances, which support a steady rise in Bitcoin prices.
Despite this bullish price movement, the Korean market remains subdued, as reflected by the negative “Korean premium,” indicating limited participation from Korean investors. The memory of the last all-time high (ATH) in March cont
Despite this bullish price movement, the Korean market remains subdued, as reflected by the negative “Korean premium,” indicating limited participation from Korean investors. The memory of the last all-time high (ATH) in March cont
Bitcoin, Binance, and Behaviour: a 2024 Analysis of Volatility and User Patterns
Depositing Behavior: Binance saw the largest spike in deposits, reaching ~16K transactions—higher than Bybit (~14K), OKX (~8K), and BitMEX (~550). After March, Binance deposits dropped significantly to an average of ~2K, even as Bitcoin’s price fluctuated. Bybit, however, maintained higher deposit levels, averaging ~10K-12K. This suggests that Binance users often "sell early" during rallies, favoring quick exits, while Bybit users stayed more active, continuing to deposit through the ups and dow
TON Has Returned to a Low-risk Investment Area.
Referring to the 180-day Sharpe Ratio, TON is returning to a low-risk investment area.
The Sharpe Ratio evaluates whether the returns are adequate in proportion to the level of risk undertaken.
A high Sharpe Ratio value indicates a high-risk area, while conversely, a low value signifies a low-risk area.
Historically, each time TON reached this level, it presented valuable long-term investment opportunities.
Written by Darkfost
The Sharpe Ratio evaluates whether the returns are adequate in proportion to the level of risk undertaken.
A high Sharpe Ratio value indicates a high-risk area, while conversely, a low value signifies a low-risk area.
Historically, each time TON reached this level, it presented valuable long-term investment opportunities.
Written by Darkfost
Coinbase Premium Started to Shift Into Negative Zone
Wouldn't be longing too much with negative Coinbase Premium.
Probability wise, believe it's just much safer to buy and hold longs when Coinbase Premium starts flipping positive again.
Written by BQYoutube
Probability wise, believe it's just much safer to buy and hold longs when Coinbase Premium starts flipping positive again.
Written by BQYoutube
BTC
When I analyze the price action, I notice the daily gap level. I will use this zone to trade.
I think the up move of the Coinbase premium index indicator is fake. I think the binary top is clearing the liquidity, so we move to the December low. The price will continue to rise if the move I show with the arrow takes place.
The open interest indicator looks positive. The price is making new highs and this is accompanied by Open interest.
I observe a decrease in funding rates. Rising open intere
I think the up move of the Coinbase premium index indicator is fake. I think the binary top is clearing the liquidity, so we move to the December low. The price will continue to rise if the move I show with the arrow takes place.
The open interest indicator looks positive. The price is making new highs and this is accompanied by Open interest.
I observe a decrease in funding rates. Rising open intere
The Realized Profit Ratio Is Low Compared to Previous Cycles.
The Realized Profit Ratio is one of the indicators that helps us determine whether whales are exiting the market and taking profits. The chart below shows this indicator for wallets holding amounts between 10 to 100, 100 to 1,000, and 1,000 to 10,000. Compared to the all-time high (ATH) in previous cycles, it seems that the selling and profit-taking process by whales has not yet begun. This may indicate that, according to the whales, we are still not at the ATH range for this cycle.
Written by
Written by
A Cross-Exchange Study of Perpetual Futures Market Performance in 2024
This analysis explores the behavior of perpetual futures markets across Binance, BitMEX, Bybit, HTX Global, and OKX during key market cycles in 2024.
Key Observations:
Price Upswings: Funding rates increased across all exchanges during Bitcoin’s rise from ~$50K to over $100K. Retail-focused platforms like Bybit and HTX Global exhibited sharp spikes, often exceeding 0.05%, driven by overleveraged long positions. This overextension frequently led to corrections and cascading liquidations. By con
Key Observations:
Price Upswings: Funding rates increased across all exchanges during Bitcoin’s rise from ~$50K to over $100K. Retail-focused platforms like Bybit and HTX Global exhibited sharp spikes, often exceeding 0.05%, driven by overleveraged long positions. This overextension frequently led to corrections and cascading liquidations. By con
USDT Transfer Volume on TRON Reaches All-Time High of $587.2B (Monthly)
Stablecoins have seen remarkable growth, driven by strong interest in cryptocurrencies over recent months. TRON has emerged as the leading blockchain for stablecoin transfers. This chart highlights the monthly USDT transfer volumes.
In November 2024, USDT transfers hit an all-time high of $587.2B, marking a significant increase compared to previous months. The growth of stablecoins continues to rise.
- September 2024: $424.4B
- October 2024: $489.3B
- November 2024: $587.2B
Written by maart
In November 2024, USDT transfers hit an all-time high of $587.2B, marking a significant increase compared to previous months. The growth of stablecoins continues to rise.
- September 2024: $424.4B
- October 2024: $489.3B
- November 2024: $587.2B
Written by maart
Binance Dominates Ethereum Reserves: 4,3 M Ethereum
When examining the Ethereum reserves of all exchanges, Binance stands at the top with 4.3 million ETH, solidifying its position as the leader in the crypto ecosystem. Based on Ethereum's current price of $3,900, these reserves hold a fiat value of approximately $16.77 billion. Binance’s ability to maintain and logarithmically increase such a significant reserve reflects its strength as a dominant exchange and instills confidence in its users and the broader crypto community.
Ethereum Reserves O
Ethereum Reserves O
🚨 67% of Stablecoin Reserves on Exchanges Are Held By Binance! 🚨
Currently, 16.8% of the total stablecoin market cap is stored in Binance addresses. 📊 The trend is clear: the more stablecoins Binance holds, the higher the liquidity and the greater the impact on the wider cryptocurrency market, driving the current Bitcoin rally. 🚀
But that's not all! Exchange reserves now account for 24.16% of the total stablecoin market cap. 🌐
🧐 Key Insights:
Binance’s share of the stablecoin market cap has increased from 4% in March 2023 to an impressive 16.8% today.
But that's not all! Exchange reserves now account for 24.16% of the total stablecoin market cap. 🌐
🧐 Key Insights:
Binance’s share of the stablecoin market cap has increased from 4% in March 2023 to an impressive 16.8% today.
Binance Drives the Buying Pressure.
Recently, we witnessed a significant surge in stablecoin inflows to exchanges, particularly on Binance.
On December 5th, Binance's stablecoin netflow reached $13 B, dwarfing the $1.6 billion netflow recorded by OKX, the second-largest stablecoin exchange netflow during the same period.
This massive influx of stablecoins fueled Bitcoin's rally and pushed it to reach the100k target.
In 2024, Binance recorded a total of $22B in stablecoin inflows, solidifying its position as a major driver of ma
On December 5th, Binance's stablecoin netflow reached $13 B, dwarfing the $1.6 billion netflow recorded by OKX, the second-largest stablecoin exchange netflow during the same period.
This massive influx of stablecoins fueled Bitcoin's rally and pushed it to reach the100k target.
In 2024, Binance recorded a total of $22B in stablecoin inflows, solidifying its position as a major driver of ma
Explore the latest crypto news
⚡️ Be a part of the latests discussions in crypto
💬 Interact with your favorite creators
👍 Enjoy content that interests you
Email / Phone number
Trending Topics
BTCNewATH
6.4M views
4,229 Posts
urgent urgent urgent !!!!!
btc market update !!!!
BTC is currently trading around $106,000. As I mentioned in my previous post, BTC could hit a new ATH, and that’s exactly what happened. Now, the next update: I believe BTC could give us a reversal, and slight downward momentum might come. BTC could test the $103,000 level, which I think can act as a short-term bounce zone. Again, I believe BTC might decline further from the $103,000 level.
#PENGUOpening #BTCNewATH #USUALSpotLaunch #Bitcoin110KNext? #Write2Earn!
shahjeeecrypto
2 Likes
1.8k views
PENGUOpening
701,110 views
913 Posts
BinanceAlpha
1.1M views
1,223 Posts
