🚀 Long-Term Bitcoin Holders Reduce Holdings Despite Net Balance Changes
#Bitcoin #LongTermHolders #BTC #Glassnode #Crypto #Blockchain #LTH #BTCHoldings #NetPosition #ForesightNews #CoinMaturity
Recent data from glassnode reveals that long-term holders (LTH) have reduced their Bitcoin holdings by over 370,000 BTC in the past 30 days, despite net position changes indicating a decrease of only 144,000 BTC. According to Foresight News, the average daily expenditure by LTHs has exceeded 12,000 BTC.
glassnode explains that the net position change reflects the net balance rather than the total amount sold. This calculation involves subtracting the amount spent by LTHs from the amount of Bitcoin transitioning from short-term holders to long-term holders. Over the past month, approximately 226,000 BTC have matured from short-term to long-term holdings, resulting in a net supply decrease of only 144,000 BTC.
The organization notes that when the maturity of coin age is high, the net indicator may underestimate the actual scale of distribution by LTHs.#Bitcoin #LongTermHolders #BTC #Glassnode #Crypto #Blockchain #LTH #BTCHoldings #NetPosition #ForesightNews #CoinMaturity
🚀 Bitcoin's MVRV-Z Score Reaches Lowest Level Since October 2022
#Bitcoin #MVRVZScore #Crypto #Glassnode #MarketValue #NS3AI #BitcoinPrice #FairMarketValue #CryptoAnalysis #BitcoinMarket #BTC
Bitcoin's MVRV-Z score has dropped to its lowest point since October 2022, as reported by Glassnode analyst Chris Beamish. According to NS3.AI, this decline previously coincided with Bitcoin trading around $29,000, indicating a potential cooling of previous market overheating. The current decrease in the indicator suggests that Bitcoin's price is aligning more closely with its fair market value.#Bitcoin #MVRVZScore #Crypto #Glassnode #MarketValue #NS3AI #BitcoinPrice #FairMarketValue #CryptoAnalysis #BitcoinMarket #BTC
🚀 Bitcoin Profit and Loss Supply Nears Historical Convergence
#Bitcoin #ProfitAndLoss #BTC #Glassnode #ChainCatcher #MarketCapitulation #SupplyInProfit #SupplyInLoss #MarketBottom #InvestmentOpportunities #CryptoMarket
Current data from Glassnode reveals that approximately 11.1 million BTC are in a profitable state, meaning their purchase cost is below the current market price, while around 8.9 million BTC are in a loss. According to ChainCatcher, the gap between these figures is narrowing, bringing the Supply in Profit vs Supply in Loss indicator closer to a historically significant convergence range. This metric assesses the number of wallets currently in profit compared to those in loss.
Historically, when these figures approach equilibrium, it often signals a market bottom phase, considered an important indicator of market capitulation and long-term investment opportunities. If the profit and loss supply continues to converge, it may suggest the market is entering a typical cycle bottom formation phase. However, this should be evaluated alongside macro liquidity, derivatives structure, and market sentiment factors.#Bitcoin #ProfitAndLoss #BTC #Glassnode #ChainCatcher #MarketCapitulation #SupplyInProfit #SupplyInLoss #MarketBottom #InvestmentOpportunities #CryptoMarket
🚀 Glassnode Reports Traders Net Shorting 240 BTC
#Glassnode #Traders #NetShorting #BTC #ForesightNews #ShortPositions #LongPositions #BTCPrice
Traders are currently net shorting approximately 240 BTC, according to Foresight News. Glassnode has noted that traders are increasing their short positions at higher price levels and establishing new short positions near $75,000 and the current price. Meanwhile, there is a noticeable lack of interest from long positions.#Glassnode #Traders #NetShorting #BTC #ForesightNews #ShortPositions #LongPositions #BTCPrice
🚀 Over 9.3 Million Bitcoins in Loss, Highest Since January 2023
#Bitcoin #Losses #MarketFluctuations #Glassnode #PANews #Cryptocurrency #BitcoinPrice #January2023 #BTC
More than 9.3 million Bitcoins are currently in a state of loss, marking the highest level since January 2023. According to PANews, this information was revealed in a recent publication by Glassnode. The data highlights the ongoing challenges faced by Bitcoin holders amid fluctuating market conditions.#Bitcoin #Losses #MarketFluctuations #Glassnode #PANews #Cryptocurrency #BitcoinPrice #January2023 #BTC
🚀 Bitcoin's Key Support and Resistance Levels Identified by Analysts
#Bitcoin #SupportResistance #LongTermHolders #CostBasis #ChainCatcher #Glassnode #ChrisBeamish #CryptoAnalysis #PriceLevels #SupplyChain #BTC
Bitcoin's long-term holder cost basis heatmap reveals a significant support level above $60,000, according to ChainCatcher. Analyst Chris Beamish from Glassnode highlights that long-term holders are heavily concentrated at this price point.
Additionally, there is a dense supply near $80,000, creating a critical resistance level. This range defines the current competitive landscape of the supply chain.#Bitcoin #SupportResistance #LongTermHolders #CostBasis #ChainCatcher #Glassnode #ChrisBeamish #CryptoAnalysis #PriceLevels #SupplyChain #BTC
🚀 XRP Price Decline Signals Potential Prolonged Correction
#XRP #PriceDecline #Correction #StopLoss #SOPR #Glassnode #CryptoAnalysis #BearMarket #RealizedLosses #NS3AI
XRP has entered a stop-loss phase as its price falls below the average cost basis for holders, according to NS3.AI. Glassnode analysis reveals that the 7-day EMA of the Spent Output Profit Ratio (SOPR) for XRP has dropped below 1.0, indicating more realized losses than profits. This trend is reminiscent of the early stages of the 2021-2022 bear market, suggesting the possibility of a prolonged correction.#XRP #PriceDecline #Correction #StopLoss #SOPR #Glassnode #CryptoAnalysis #BearMarket #RealizedLosses #NS3AI
🚀 Bitcoin Cost Analysis Reveals Varied Investor Metrics
#Bitcoin #CostAnalysis #InvestorMetrics #Glassnode #ShortTermHolders #ActiveInvestors #RealizedPrice #MarketMean #BTC
Glassnode has released data indicating different cost metrics for Bitcoin investors. According to Foresight News, short-term holders have a cost basis of $90,900, while active investors average $85,800. The true market mean stands at $79,000, with the realized price being $54,900.#Bitcoin #CostAnalysis #InvestorMetrics #Glassnode #ShortTermHolders #ActiveInvestors #RealizedPrice #MarketMean #BTC
🚀 Bitcoin Profit Realization Ratio Declines, Market Remains Stable
#Bitcoin #ProfitRealization #MarketStability #Glassnode #BlockBeats #PanicSelling #Capitulation #BTC
On February 18, Glassnode shared insights on social media regarding Bitcoin's market dynamics. According to BlockBeats, the realized profit-to-market capitalization ratio, measured by a 30-day moving average, has significantly decreased, absorbing much of the previous profit-taking activities. Despite this decline, the indicator remains above the historical 'panic selling' range. This suggests that while profit-taking behavior in the market is cooling down, it has not yet reached a widespread capitulation phase.#Bitcoin #ProfitRealization #MarketStability #Glassnode #BlockBeats #PanicSelling #Capitulation #BTC
🚀 Bitcoin's Bottom Identified by Glassnode Analyst Amid On-Chain Indicators
#Bitcoin #Glassnode #OnChainIndicators #Capitulation #DollarCostAveraging #BearMarket #NS3AI #TechnicalIndicators #CryptoAnalysis #BitcoinBottom #BTC
An analyst from Glassnode has identified that Bitcoin may have reached a bottom, drawing comparisons to previous capitulation phases. According to NS3.AI, the analyst's assessment is based on on-chain and technical indicators. While acknowledging the possibility of further declines, the analyst advises a strategy of dollar-cost averaging into Bitcoin with patience. Historical context is provided by the 2022 bear market, where the bottom formed months before the ultimate low and a final liquidity event.#Bitcoin #Glassnode #OnChainIndicators #Capitulation #DollarCostAveraging #BearMarket #NS3AI #TechnicalIndicators #CryptoAnalysis #BitcoinBottom #BTC
🚀 Bitcoin Rebounds 17% Amid Key Resistance Levels
#Bitcoin #Cryptocurrency #CryptoTrading #MarketAnalysis #PriceRebound #ResistanceLevel #Glassnode #NS3AI #BTC
Bitcoin has experienced a significant rebound, rising approximately 17% from an intraday low near $63,030 to a high of around $74,000, and is currently trading near $73,613. According to NS3.AI, on-chain data from Glassnode identifies $70,000 as a crucial weekly-close resistance level, with substantial demand observed between $60,000 and $69,000. Market structure analysis indicates that maintaining a position above approximately $70,700 is essential to sustain the bounce. Conversely, falling below about $67,500 could increase the likelihood of a decline back into the $60,000 range.#Bitcoin #Cryptocurrency #CryptoTrading #MarketAnalysis #PriceRebound #ResistanceLevel #Glassnode #NS3AI #BTC
🚀 Bitcoin Spot ETF Net Flows Turn Positive as Bitcoin Surpasses $70,000
#Bitcoin #SpotETF #NetFlows #BitcoinPrice #InstitutionalDemand #SellingPressure #Glassnode #NS3AI #Accumulation #BTC
Bitcoin spot ETF net flows have turned positive again as Bitcoin's price surpassed $70,000 on February 14. According to NS3.AI, this development suggests a reduction in selling pressure. Glassnode reports that ETF flows are stabilizing following a period of sustained outflows, although institutional demand remains uncertain. Despite this uncertainty, there are early indications of accumulation by institutional investors.#Bitcoin #SpotETF #NetFlows #BitcoinPrice #InstitutionalDemand #SellingPressure #Glassnode #NS3AI #Accumulation #BTC
🚀 Bitcoin Holders Shift to Aggressive Selling Amid Market Pressures
#Bitcoin #AggressiveSelling #MarketPressures #Glassnode #AccumulationTrendScore #SmallerHolders #NS3AI #BitcoinPrice #Yields #StrongerDollar #OilPrices #BTC
Bitcoin holders across various wallet cohorts have shifted towards aggressive selling, according to Glassnode. The Accumulation Trend Score has decreased to approximately 0.04, indicating a significant change in investor behavior. According to NS3.AI, smaller holders are at the forefront of this distribution trend. Despite these selling pressures, Bitcoin continues to maintain its position near the $70,000 mark, even as firmer yields, a stronger dollar, and rising oil prices exert influence on the market.#Bitcoin #AggressiveSelling #MarketPressures #Glassnode #AccumulationTrendScore #SmallerHolders #NS3AI #BitcoinPrice #Yields #StrongerDollar #OilPrices #BTC
🚀 Bitcoin Tests Resistance Amid Bearish Signals
#Bitcoin #Cryptocurrency #BearMarket #ResistanceLevel #OnChainAnalysis #MoneyFlow #Glassnode #CryptoTrading #MarketSignals #BTC
Bitcoin recently traded at $70,724, testing the $71,529 resistance level. According to NS3.AI, bearish on-chain and money-flow signals are evident. Short-term holder supply in profit has fallen below 50%, a condition Glassnode identifies as characteristic of bear markets.#Bitcoin #Cryptocurrency #BearMarket #ResistanceLevel #OnChainAnalysis #MoneyFlow #Glassnode #CryptoTrading #MarketSignals #BTC
🚀 Bitcoin Buying Pressure Revives Amid Positive Spot Cumulative Volume Delta
#Bitcoin #BTC #BuyingPressure #SpotVolume #CumulativeVolumeDelta #ETF #OnChainActivity #CryptoTrading #Glassnode #NS3AI
Bitcoin buying pressure is showing signs of revival, according to Glassnode. The firm noted that the BTC spot cumulative volume delta has turned positive. According to NS3.AI, while U.S. spot Bitcoin ETF net inflows have seen significant growth, both spot trading volume and on-chain activity continue to remain low.#Bitcoin #BTC #BuyingPressure #SpotVolume #CumulativeVolumeDelta #ETF #OnChainActivity #CryptoTrading #Glassnode #NS3AI
🚀 Solana's Price Movement: Key Supply Clusters Absorbed
#Solana #SOL #cryptocurrency #price #supplyclusters #Glassnode #NS3AI #blockchain #cryptoanalysis
Solana (SOL) traded slightly above $84 on April 1. According to NS3.AI, Glassnode data indicated that approximately 37.7 million SOL were acquired between $85.31 and $88.22. A sustained close above $89.82 would signify that the three supply clusters have been absorbed.#Solana #SOL #cryptocurrency #price #supplyclusters #Glassnode #NS3AI #blockchain #cryptoanalysis
🚀 Bitcoin Holders Control 80% of Supply, Indicating Potential Market Bottom
#Bitcoin #Cryptocurrency #MarketAnalysis #BitcoinHolders #CryptoMarket #MarketBottom #Glassnode #BTC
According to a recent analysis by Glassnode, long-term Bitcoin holders currently control approximately 80% of the cryptocurrency's supply. This figure is slightly below the roughly 85% level observed near the bottoms of previous bear markets. The analysis suggests that Bitcoin may be approaching a market bottom. However, it also indicates that several more months of sideways consolidation might be necessary before any significant market movement occurs.#Bitcoin #Cryptocurrency #MarketAnalysis #BitcoinHolders #CryptoMarket #MarketBottom #Glassnode #BTC
🚀 Bitcoin Whales Face Significant Losses, Reports Glassnode
#Bitcoin #Whales #Losses #Glassnode #BTC #ForesightNews
Bitcoin whales holding between 100 and 10,000 BTC are experiencing substantial losses, according to Foresight News. Glassnode tweeted that the seven-day moving average of realized losses has exceeded $200 million daily.#Bitcoin #Whales #Losses #Glassnode #BTC #ForesightNews
🚀 XRP Faces Resistance as It Trades at $1.32
#XRP #cryptocurrency #resistance #breakout #Bitcoin #trading #NS3AI #Glassnode #BTC
XRP is currently trading at $1.32 as of April 3, navigating within a descending channel. According to NS3.AI, the first significant resistance level for a breakout is at $1.36. Data from Glassnode indicates resistance clusters between $1.34–$1.35 and $1.45–$1.47. Additionally, XRP's seven-day correlation with Bitcoin is reported to be 0.75.#XRP #cryptocurrency #resistance #breakout #Bitcoin #trading #NS3AI #Glassnode #BTC
🚀 Bitcoin Wallets Experience Significant Losses Amid Bearish Sentiment
#Bitcoin #Wallets #Losses #BearishSentiment #BTC #Glassnode #NS3AI #Santiment #Crypto #MarketTrends
Bitcoin wallets holding between 100 to 10,000 BTC are experiencing substantial losses, according to Glassnode data. These wallets are realizing over $200 million in daily losses based on a 7-day moving average. According to NS3.AI, the bearish sentiment surrounding Bitcoin has intensified, with Santiment reporting that bearish discussions are at their highest since late February. The ratio of bullish to bearish comments stands at 0.81, indicating a predominance of negative sentiment in the market.#Bitcoin #Wallets #Losses #BearishSentiment #BTC #Glassnode #NS3AI #Santiment #Crypto #MarketTrends