Year: 2024

Bitcoin sees longest streak of profit taking from investors since November 2021 bull run

Definition Net Realized Profit/Loss is the net profit or loss of all moved coins and is defined by the difference…

Read More »

Accumulation Trend Score flashes 0, suggesting no Bitcoin buyers from all cohorts

Definition The Accumulation Trend Score is an indicator that reflects the relative size of entities that are actively accumulating coins…

Read More »

Bitcoin battles with 24k ahead of FOMC minutes

Quick Take Bitcoin fell 2%  on Feb. 22 as markets began anticipating the upcoming FOMC minutes report. The FOMC minutes…

Read More »

Ethereum gas usage spikes for stablecoins; primarily inflows in USDT

Definition The relative amount (share) of gas consumed by the Ethereum network by category. Transactions are classified into one of…

Read More »

Rate cuts potentially off the table for 2023

Quick Take The fed funds rate now implies that rate cuts are off the table for 2023 and are expected…

Read More »

Bitcoin old and young coin spent volume at historic lows

Definition This chart overlays the aggregate spent volume of both the Old (> 6m) and Young coin (< 6m) supply…

Read More »

Bitcoin continues to diverge away from U.S. equities, second most uncorrelated period in over a year

Quick Take In 2022, U.S. equities and Bitcoin were joined at the hip due to unprecedented rate hikes from central…

Read More »

Futures OI exceeds 500K Bitcoin – volatility, liquidations increase as a result

Definition Future’s open interest is the total funds (USD Value) allocated in open futures contracts. Liquidations are the sum liquidated…

Read More »

Group of Bitcoin holders since 2013 holds more BTC than all exchanges

Quick Take The metric supply of the last active 10+ years ago Bitcoin holders suggests that these holders have been…

Read More »

Bitcoin continues to follow the liquidity plus the aggregation of central bank balance sheets

Quick Take As the global world faces extreme inflation, central banks try to rein in inflation by decreasing their balance…

Read More »