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Bitcoin holders falling by 670K is a good sign for rebound: Santiment
18.7.2024
The trend could suggest investors aren’t confident enough to come back into the market yet, which only increases the chances for a rebound, says the analytics firm
BTC supply in profit ratio is at 94.98%, which is very high
28.2.2024
The profit ratio for the supply of Bitcoin is the highest at 94.98%. It serves as an indicator for determining the highs and lows of a prolonged cycle. The present ratio is identical to the ratio documented during the zenith of the echo bubble in 2019 and the onset of the bull market in 2020....
BTC Supply in Profit Nears 90% as Price Rallies on Expected Bitcoin ETF Approval
10.1.2024
Just under half of the bitcoin supply was in profit at the start of last year
Bitcoin Supply in Profit Metric Hits 4-month High – What This Means for BTC Price
20.1.2023
A 30-day Exponential Moving Average of the number of Bitcoins that are “in profit” – i.e. were acquired at a time when the BTC price was lower – hit a 2-month high on the 19th of January, according to crypto data and on-chain analytics firm Glassnode.
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Over 90% of ETH’s Supply Now in Profit
4.8.2020
More than 90% of ETH’s circulating supply is now in profit. The last time this level was observed was in early 2018 when the price of the cryptocurrency was $925. Research and analytics firm Glassnode reported Monday that the percentage of ETH’s supply in profit has reached a level...
80% of Ether Supply in Profit Leads of Fears of a Price Drop
12.6.2020
Crypto analytics firm Glassnode reported 80% of the supply of the second largest cryptocurrency by market cap was in profit on June 10