An analyst has explained how this Bitcoin correction phase may be different from the 2024 one, based on the data of this on-chain metric. Stablecoin Supply Is Displaying A Different Pattern In This Bitcoin Downturn In a CryptoQuant Quicktake Stablecoins” are cryptocurrencies that track the price of a fiat currency, with USD being by far…
Tag: BTCUSDT
Bitcoin Surges Past $85,000 as Analysts Spot Key Bullish Signals
Bitcoin’s price has been regaining momentum after a recent weeks of decline, climbing back above $85,000. This marks a 2.7% increase in the past week, slowly recovering from previous losses. While the broader market remains cautious, investors appear to now be closely monitoring whether BTC can sustain its upward trend or if further corrections are…
Bitcoin’s Realized Cap and UTXO Data Signal a Major Shift—Here’s What to Watch
Bitcoin is currently demonstrating signs of recovery, with its price climbing above $86,000, marking a 2.7% increase in the past day. Despite this recent uptick, BTC remains approximately 20% below its all-time high of $109,000, recorded in January. While the asset’s price action is known to be a focal point for analysis, on-chain data provides…
Crypto Sleuth Claims Mysterious $20M ‘Hyperliquid Whale’ Is Tied To Illicit Activity
Crypto detective ZachXBT alleged that the mysterious “Hyperliquid whale” that’s been making headlines across the crypto community is suspected to be a convicted criminal from the UK. The trader has made around $20 million in profit from leveraged trading, raising questions about their identity. Mysterious Hyperliquid Whale Not A Crypto Insider On Thursday, ZachXBT shared…
Bitcoin Transfer Count Lowest Since 2023—Is This Bearish?
On-chain data shows the Bitcoin transaction count has plunged to the lowest level since October 2023. Here’s what this could mean for BTC’s price. Bitcoin Transactions Have Seen A Significant Slowdown Recently As pointed out by CryptoQuant author IT Tech in a new Number of Transactions” from the market intelligence platform IntoTheBlock, which measures, as…
Bitcoin Long-Term Holder Net Position Turns Green For The First Time In 2025
Bitcoin’s long-term holders have resumed accumulation in what is a notable shift in investor sentiment despite the turbulence that has gripped the market in recent weeks. Particularly, data from on-chain analytics platform Glassnode shows that the “BTC: Long-term holder net position change” metric has flipped positive for the first time this year. This suggests that…
Bitcoin To Get ‘Interesting’ As Price Retests $85,000 – Here Are The Levels To Watch
Bitcoin (BTC) has surged nearly 4% in the past 24 hours amid the ongoing volatility. As the price retests the $85,000 resistance, some analysts suggest a jump to $90,000 could be around the corner. Bitcoin Retests $85,000 Barrier On Wednesday, Bitcoin broke above the $85,000 resistance after surging over 5% from yesterday’s lows. The flagship…
Bitcoin Whales Are Back—Could This Be the Catalyst for the Next Rally?
Bitcoin (BTC) continues to trade below the psychological $90,000 level, with its price standing at $82,346. This marks a 24.3% drop from its all-time high above $109,000 recorded in January. Despite this downward trend, new on-chain data suggests that a surge of high-net-worth investors, or “new whales,” has been accumulating BTC aggressively, which could have…
Bitcoin Miner Selling Still Elevated, On-Chain Data Shows
On-chain data shows the Bitcoin miners have continued to make large deposits to exchanges recently, a sign that could be bearish for BTC’s price. Bitcoin Miner Exchange Netflow Has Been Seeing Positive Spikes In a new netflow happening between miner-associated wallets and centralized exchanges. When the value of this metric is positive, it means the…
Bitcoin Accumulation Resumes After 3 Months Of Distribution – Analyst
Bitcoin (BTC) continues to trade below the $85K level, fueling fears of further downside as the bearish trend remains intact. Bulls are losing momentum, failing to reclaim key resistance levels and hold lower demand zones, raising concerns about a potential continuation of the correction. Macroeconomic uncertainty and volatility remain key drivers of price action, with…