New data from market analytics firm IntoTheBlock reveals that over 90% of Ethereum (ETH) holders are now in the green. In a new thread on the social media platform, the crypto intelligence platform says the second-largest digital asset by market cap is unlikely to feel sell pressure from those seeing losses since they hold under […]
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The digital asset analytics firm IntoTheBlock says certain factors could be hinting at “speculative overheating” in the crypto market. IntoTheBlock notes on the social media platform X that funding fees for perpetual swaps have jumped to more than 10% and even skyrocketed to 20% on major exchanges. “Such high costs signal growing bullish sentiment among […]
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One relatively new decentralized exchange (DEX) is gaining momentum despite the bearish conditions in the crypto segment, according to the digital asset analytics firm IntoTheBlock. The firm notes the total market cap of major DEX tokens currently sits at $26.6 billion. “After a brief rise earlier this year, the market has cooled down, wiping out […]
The post One Relatively New Decentralized Exchange Has Gained Traction Quickly Amid a Cooling DEX Market: IntoTheBlock appeared first on The Daily Hodl.
New data from market intelligence platform IntoTheBlock reveals that crypto whales have accumulated over $10 billion worth of Bitcoin (BTC) during the last six months. In a new report, IntoTheBlock says that whales appear unworried by the downward price action as deep-pocketed investors holding between 100 and 1,000 Bitcoin have been steadily collecting tens of […]
The post ‘Unfazed by the Market’ – Whales Accumulate Over $10,271,000,000 in Bitcoin in Just Six Months: IntoTheBlock appeared first on The Daily Hodl.
Analytics firm IntoTheBlock says that deep-pocketed investors took Bitcoin’s correction toward a low of $49,000 last week as an opportunity to gobble up BTC. IntoTheBlock says Bitcoin witnessed net outflows to the tune of $1.7 billion from crypto exchanges over a one-week period. The analytics firm defines net outflows as the number of coins that […]
The post Bitcoin Witnesses $1,700,000,000 in Weekly Net Outflows As Whales Load Up on BTC Amid Correction: IntoTheBlock appeared first on The Daily Hodl.
Crypto analytics firm IntoTheBlock is warning that large token unlocks in the future may hamper the performance of several altcoins. IntoTheBlock notes that nearly $25 million worth of Bitcoin (BTC) is “unlocked” or mined each day – an amount that is easily absorbed by the crypto king’s large and liquid market. On the other hand, […]
The post Price Growth of Worldcoin and Two Other Crypto Projects May Stall Due to Significant Token Unlocks: IntoTheBlock appeared first on The Daily Hodl.
Bitcoin whales haven’t accumulated this much Bitcoin over a 30-day period since April 2023, shortly after several local banks in the United States collapsed.
Bitcoin whales took full advantage of the crypto market slump earlier this month, accumulating 71,000 Bitcoin amid the fastest rate of Bitcoin stacking since April 2023.
Much of that Bitcoin (BTC) — worth $4.3 billion at current prices — was scooped up when Bitcoin retraced to $54,200 on July 5, a chart from cryptocurrency analytics firm IntoTheBlock shows.
CryptoQuant notes that Bitcoin whales have now been stacking Bitcoin at the fastest rate (on a 30-day moving average) since April 2023, shortly after several local banks in the US collapsed.
New data from crypto analytics platform IntoTheBlock indicates that Bitcoin (BTC) is facing further downside pressure. According to the market intelligence firm, the crypto king’s recent drop below $60,000 – a critical demand zone historically – could cause it to see further price cuts. “Bitcoin has breached its $60,000 support level, a critical demand zone. […]
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New data from market intelligence firm IntoTheBlock reveals that deep-pocketed crypto investors have accumulated tens of billions of dollars worth of Bitcoin since BTC exchange-traded funds (ETFs) launched in January. In a new article, IntoTheBlock says that the top crypto asset by market cap’s era of institutional adoption is here as crypto whales have gobbled […]
The post Whales Accumulate Over $16,781,000,000 in Bitcoin Since ETF Launch As BTC Enters Institutional Era: IntoTheBlock appeared first on The Daily Hodl.
New data from market intelligence platform IntoTheBlock reveals that the market cap of memecoins has hit its highest level since 2021. In a new article, IntoTheBlock’s head of research, Lucas Outumuro, says that the aggregate value of meme assets has nearly tripled in Q1 of 2024 to $56 billion. “Demand for memecoins hit the highest […]
The post Market Cap of Memecoins Hit $56,000,000,000 in Q1 As Demand Soared to Highest Level Since 2021: IntoTheBlock appeared first on The Daily Hodl.
