Insights
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Spot BTC worth $200M re-enters exchanges on Binance following Genesis bankruptcy news
Definition Breakdown of the net flow of coins into/out of exchanges by the USD value of the transactions. Quick Take…
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Bitcoin cohorts shrimps and crabs hold over 4 million BTC
Definition The Shrimp cohort is a general catch-all for retail-level investors holding < 1 BTC. Historically this entity cohort has…
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BTC dominance hits highest level since July 2022
Definition Bitcoin dominance measures BTC’s current share of the global crypto market cap versus other cryptocurrencies. Quick Take Bitcoin dominance…
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Bitcoin and gold have highest correlation in over a year, as gold approaches its all time high
Quick Take Many narratives occur in the Bitcoin ecosystem, and one of them is Bitcoin is digital gold due to…
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Bitcoin surpasses $22k as 20k BTC pulled off exchanges
Quick Take: Jan. 20 saw 20k BTC pulled from exchanges. The majority of the coins have been pulled from Binance…
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Nearly $400M in crypto liquidations over 24 hours pushes Bitcoin above $23k
Quick Take: The crypto market has recorded nearly $400 million in liquidations in the past 24 hours. BTC briefly surpassed…
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FTX collapse triggers 250k Bitcoin wipeout in Futures Open Interest
Definition Future’s Open Interest (OI) is the total amount of funds allocated in open futures contracts. While the Estimated Leverage…
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Bitcoin hash rate surpasses another ATH, Hash Ribbon indicates miner capitulation is over
Definition Hash rate is defined as the average estimated number of hashes per second produced by the miners in the…
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Bitcoin, Ethereum up 37% and 35% year to date
Quick Take So far in 2023, risk-on assets have blown expectations out of the water, as Bitcoin and Ethereum have…
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Bitcoin breaks out of all realized price levels for only its 5th time
Definition Realized Price reflects the aggregate price when each coin was last spent on-chain. Using Short- and Long-Term Holder heuristics,…
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