Bitcoin Institutionals Behind $57,000 Crash? Data Says So
Data shows the Bitcoin Coinbase Premium has been negative for a while now, a sign that institutional selling has been occurring behind the scenes.
Read moreData shows the Bitcoin Coinbase Premium has been negative for a while now, a sign that institutional selling has been occurring behind the scenes.
Read moreOn-chain data suggests the selling pressure from the Bitcoin miners and HODLers has been drying up, a sign that could be positive for the asset.
Read moreOn-chain data shows the Bitcoin exchange inflows have remained low recently, a sign that the whales have been disinterested in selling.
Read moreOn-chain data reveals the Bitcoin HODLers are participating in major selling. Here’s how many months the past two bull runs took to top after this.
Read moreOn-chain data shows the Bitcoin long-term holders, or so-called “diamond hands,” have transferred a total of 669,000 BTC over the past month.
Read moreData shows that Bitcoin Coinbase Premium has plunged into the red territory, which may explain why the asset’s price has crashed to under $68,000.
Read moreOn-chain data suggests the Bitcoin whales have just participated in some large distribution, but the asset’s price has managed to hold on so far.
Read moreData shows the Bitcoin Coinbase Premium Index has turned negative once more, a sign that could prove to be bearish for the asset’s price.
Bitcoin Coinbase Premium Index Has Dipped Into Red Territory
As pointed out by an analyst in a post on X, selling pressure on Coinbase has risen recently.
On-chain data suggests around 729,400 Bitcoin wallets cleared themselves out in the last month. Here’s what could be behind this trend.
Read moreBitcoin has witnessed a plunge under the $51,000 level during the past day, here’s what’s potentially behind this decline according to on-chain data.
Read more