Bitcoin price is fragile, but on-chain data points to fresh accumulation
On-chain data shows long-term holders are back in accumulation mode after the recent shake-out cleared network congestion and shook out over-leveraged traders. The May 19 crypto market sell-off saw $1.2 trillion in value erased from the total market capitalization as the froth and excess leverage of over-hyped markets was quickly eliminated. But similar to a forest fire, whose destructive power is essential to the rejuvenation of a forest's ecosystem, dramatic market shake-outs are a vital part of the full life cycle of a developing market, as excesses that have accumulated are burned away....
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On-chain data shows the Bitcoin investors with no history of selling are back to intense accumulation, a sign that could be bullish for BTC’s price. Bitcoin Accumulation Addresses Have Been Showing High Demand Recently In a new post on X, the on-chain analytics firm CryptoQuant has talked about how the demand is looking from the […]
Bitcoin on-chain data suggests accumulation is going on as investors feel FOMO about the current rally above $57k. Bitcoin Accumulation Goes On As Investors Feel FOMO As explained by a CryptoQuant post, on-chain data is showing signs of accumulation as BTC netflows show negative spikes, and the stablecoins inflows indicate big moves. The Bitcoin netflow […]
On-chain data shows Ethereum whales have recently ramped up their accumulation, a sign that could be bullish for the asset’s price. Ethereum Whales Have Been Buying Big According to data from the on-chain analytics firm Glassnode, the Ethereum whales have been participating in a very significant amount of accumulation during the past week. Related Reading: […]
Hyperliquid (HYPE) has climbed to fresh highs for the first time since November, bringing the market’s focus to the next potential price target. Recent chart analysis shared by @ArdinNSC on X points to a developing continuation structure built on a local accumulation trend. With multiple upside levels already cleared, the technical framework now centers on […]
Ethereum has slipped below the $2,800 level and is now struggling to hold the $2,700 area, extending a phase of price weakness amid fragile market conditions. Recent price action shows limited follow-through on rebounds. With sellers continuing to cap upside attempts as broader risk appetite remains uneven. While spot momentum has softened, on-chain data suggests a more nuanced picture beneath the surface. Related Reading: XRP Risk-Adjusted Returns Signal Consolidation Rather Than Trend Formation – Details The realized price of the ETH accumulation address continues to trend higher and is....