Onchain data

While Some Think Bitcoin’s 12th-Largest Wallet Hides a Nation State, Onchain Data Shows an Exchange

April 12, 2024 Bitcoin.com

Arkham

This week, the crypto community on social media has once again been buzzing about a bitcoin wallet called ‘Mr 100’ following a significant deposit of 100 bitcoin on April 10, 2024. Despite numerous assertions that the wallet is associated with the South Korean cryptocurrency exchange Upbit, a faction continues to believe that it is owned […]

Read more

Bitcoin Technical Analysis: BTC Sees Subdued Trading Amid Bearish Signals

Long-Term Bitcoin Holders Begin ‘Taking Chips Off the Table’ at Record Highs, Analysis Shows

April 2, 2024 Bitcoin.com

Bitcoin (BTC)

A recent study by onchain analysts at Glassnode reveals a significant increase in profit-taking activities as bitcoin surged to a new all-time high (ATH) of $73,794, marking a notable phase in the cryptocurrency’s market dynamics. Glassnode Highlights Intensified Profit-Taking Amidst Bitcoin’s Rally to New Heights Glassnode’s 13th weekly 2024 onchain analysis indicates a strategic shift […]

Read more

Bitcoin Technical Analysis: BTC Sees Subdued Trading Amid Bearish Signals

Unveiling ‘Mr. 100’ — The Mystery Bitcoin Wallet Linked to Upbit’s Cold Storage

March 17, 2024 Bitcoin.com

Arkham

In the last two months, the crypto community has been buzzing about a wallet affectionately named ‘Mr. 100.’ This moniker originates from its pattern of receiving 100 bitcoin deposits every few days, leading to speculation that it might belong to a wealthy individual from the Middle East. However, onchain analysts from Arkham Intelligence suspect that […]

Read more

Bitcoin Technical Analysis: BTC Sees Subdued Trading Amid Bearish Signals

Dormant Bitcoin Wallet Linked to Mt Gox Saga Moves $60 Million for the First Time Since 2013

April 20, 2023 Bitcoin.com

2013 address

According to onchain data, a bitcoin whale address transferred 2,071.5 bitcoin, worth approximately $60 million, after remaining dormant since December 19, 2013. Interestingly, this bitcoin address is linked to two wallets that sent 10,000 bitcoin last summer for the first time in nine years and are associated with the now-defunct exchange Mt Gox. 2,071 Bitcoin […]

Read more

Bitcoin Technical Analysis: BTC Sees Subdued Trading Amid Bearish Signals

Binance Experiences Significant BTC, ETH, and Stablecoin Withdrawals Following CFTC Lawsuit

March 28, 2023 Bitcoin.com

24 hours

After the U.S. Commodity Futures Trading Commission sued Binance for alleged violations of trading and derivatives rules, a significant amount of cryptocurrency was withdrawn from the exchange. Data from analytics provider Nansen shows $400 million in Ethereum-based funds were withdrawn in 24 hours, and 3,655 bitcoin worth more than $99 million were withdrawn over the […]

Read more

Bitcoin Technical Analysis: BTC Sees Subdued Trading Amid Bearish Signals

Bitcoin’s Ordinal Inscriptions Surpass 500,000 Mark as Miners Earn $2.66 Million in Added Fees

March 19, 2023 Bitcoin.com

Arbitrary Data

According to statistics, there are now more than 500,000 Ordinal inscriptions on the Bitcoin blockchain as the trend continues to gain significant traction. Onchain data also shows that since inscriptions started gaining popularity last month, Bitcoin miners have obtained 98 bitcoins worth $2.66 million in added fees. The Rise of Ordinal Inscriptions on Bitcoin Blockchain […]

Read more

Bitcoin Technical Analysis: BTC Sees Subdued Trading Amid Bearish Signals

Avalanche Sees Surge in BTC Bridged to Its Network With Over $44 Million in Bitcoin Ported on Thursday

March 3, 2023 Bitcoin.com

Avalanche

According to statistics, the number of bitcoin bridged to the Avalanche blockchain saw a significant inflow on March 2, as more than 2,000 bitcoin were bridged on that day. Data further shows that as of Friday, March 3, a total of 8,504 bitcoin worth $190.9 million was bridged over to the Avalanche network. Bitcoin Bridged […]

Read more

Bitcoin Technical Analysis: BTC Sees Subdued Trading Amid Bearish Signals

Most Retail Crypto Investors Lost Money Over the Last 7 Years, According to BIS Analysis

February 21, 2023 Bitcoin.com

Analysis

According to data from the Bank for International Settlements (BIS), published in the latest BIS Bulletin No. 69, researchers assessed that, on average, most users lost money on their investments over the past seven years. Onchain data, metrics from exchanges, and cryptocurrency application download statistics gathered by BIS researchers suggest that most median retail crypto […]

Read more

Bitcoin Technical Analysis: BTC Sees Subdued Trading Amid Bearish Signals

Bitcoin’s Third Largest Wallet Changed Hands, but Onchain Data Shows It’s Likely the Same Owner

December 4, 2022 Bitcoin.com

1FzWLk

Last year and during the first half of 2022, speculators assumed the third-largest bitcoin address was a ‘mysterious whale,’ even though the wallet had shown strong characteristics of being a cryptocurrency exchange. The address known as “1P5ZED” has since been replaced by another address, after the wallet started to transfer its entire bitcoin balance in […]

Read more

Bitcoin Technical Analysis: BTC Sees Subdued Trading Amid Bearish Signals

Onchain Research Shows FTX’s Falling BTC, ETH, Stablecoin Balances ‘Suggest Cracks Had Formed as Far Back as June’

November 22, 2022 Bitcoin.com

Balances FTX

While the analytics firm Nansen published a report that points to the Terra collapse igniting the flames of FTX’s and Alameda Research’s financial problems, onchain data from the intelligence and research firm Glassnode suggests FTX’s “cracks had formed as far back as May-June.” Glassnode’s report highlights a “growing pool of [onchain] data” that shows FTX’s […]

Read more

Bitcoin Technical Analysis: BTC Sees Subdued Trading Amid Bearish Signals