Bitcoin Data Shows Accumulation Prevails As LTH Selling Pressure Eases
Bitcoin is trading at a decisive point after recently setting new all-time highs, but momentum appears to be shifting. Despite briefly pushing past $120,000, BTC failed to sustain levels above its record, and the breakout above ATH remains unconfirmed. This lack of follow-through has fueled bearish speculation, with some analysts warning that the market could be facing increased downside risk in the short term. Related Reading: Memecoins Lose Ground In Market Share As Ethereum Absorbs Liquidity At the same time, on-chain data paints a more constructive picture for long-term stability.....
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Bitcoin is trading at a decisive level after surging to fresh all-time highs, touching $124,000 before pulling back. Bulls remain in control, but the market now shows signs of hesitation, with BTC struggling to confirm momentum above $120,000. This price action reflects indecision among traders as the market balances profit-taking with renewed accumulation. Related Reading: Ethereum On-Chain Volume Soars To $13 Billion, Approaching Historic Records On-chain data highlights a key shift in dynamics. After a sharp increase in the 30-day average Coin Days Destroyed (CDD) — a metric often used....
On-chain data shows the Bitcoin network has seen a shift recently as mid-sized entities have shifted to a strong accumulation behavior. Bitcoin Accumulation Trend Score Shows Whales Are Still Selling In a new post on X, on-chain analytics firm Glassnode has talked about the latest trend in the Bitcoin Accumulation Trend Score for the various […]
On-chain data shows the largest of the Bitcoin whales have returned to distribution, a sign that could be bearish for the asset’s price. Bitcoin Investors With More Than 10,000 BTC Are Selling Again As explained by analyst James V. Straten in a new post on X, the BTC whales, who had earlier been in a phase of accumulation, have switched their behavior to that of distribution now. The relevant indicator here is the “Trend Accumulation Score” from Glassnode, which keeps track of whether Bitcoin investors have been buying or selling during the past month. This metric finds....
The Trump v. Musk war has sent the crypto market into a tailspin, but bullish sentiment prevails for the best presales like Solaxy ($SOLX) and Snorter Token ($SNORT). A swift look at Coinglass shows a catastrophe we wouldn’t even wish for Ethereum: $308M eradicated overnight for Bitcoin, making for a total of $621M for the […]
On-chain data shows the Bitcoin “accumulation addresses” have observed all-time high inflows following the latest asset price slump. Bitcoin Accumulation Addresses Have Aggressively Bought The Dip As an analyst in a CryptoQuant Quicktake post pointed out, the total Bitcoin inflows going towards the accumulation addresses have set a new all-time high recently. The “accumulation addresses” […]