Bitcoin Smart Money: Glassnode Reveals How Large Traders Timed The Pullback
Data from Glassnode has revealed how the large Bitcoin traders showed expert timing in the derivatives market during the market reversal. Bitcoin Large Traders Have Shifted To A Net Short Bias In a new post on X, on-chain analytics firm Glassnode has talked about how the large Bitcoin traders behaved during the latest pullback in […]
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The on-chain analytics firm Glassnode has revealed how Solana has recently shown more resilience than Bitcoin and Ethereum in this indicator. Solana Has Seen A Smaller Decline In Hot Capital Than Bitcoin & Ethereum In a new post on X, Glassnode discusses how the various top coins in the cryptocurrency sector have performed in terms […]
The on-chain analytics firm Glassnode has explained how the investors who bought at the Bitcoin top are showing conviction, not capitulation. 3 To 6 Months Old Bitcoin Buyers Have Been Holding Strong Recently In a new post on X, the on-chain analytics firm Glassnode has discussed a couple of Bitcoin investor cohorts. One of these […]
Traders are racing to speculate on Bitcoin in the derivatives markets, with open interest in BTC futures approaching $20 billion for the first time. With BTC again edging toward all-time highs, a large volume of money is flowing into the Bitcoin derivatives markets.According to crypto market data aggregator Glassnode, outstanding futures contracts pushed into new all-time highs on March 11, with open interest across exchanges approaching $20 billion.More capital is flowing into the derivatives markets, as the amount of outstanding #Bitcoin futures contracts reaches another ATH. Open....
Latest data from Glassnode reveals that around 14% of the Bitcoin supply has been redistributed since the July of this year. 14% Of The Total Bitcoin Supply Has Changed Hands Since July 2022 As per the latest weekly report from Glassnode, around 20.1% of the supply now has a cost-basis in the historical bottom formation […]
Bitcoin Price Key Highlights. Bitcoin price achieved yet another new high, surging past the $350 minor psychological barrier onto a peak of $378 so far. This strong rally could inspire profit-taking activity towards the end of the week, as traders reduce risk ahead of top-tier U. S. data releases. Bitcoin price has been on a very strong uptrend but a large correction might be possible, offering the opportunity to catch the rally at a better price. Support at Trend Line and Fibs. In the event of a large pullback, bitcoin price could still draw support around the Fibonacci retracement levels....