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About SKY

Sky (SKY) is a cryptocurrency launched in 2024. SKY has a current supply of 23.46Bn with 0 in circulation. The last known price of SKY is 0.089338107429 USD and is -0.000421730314 over the last 24 hours. It is currently trading on active market(s) with $8.85M traded over the last 24 hours. More information can be found at .
SKY Price Statistics
SKY’s Price Today
24h Price Change
-$0.0004217303140.47%
24h Volume
$8.85M129.59%
24h Low / 24h High
$0 / $0
Volume / Market Cap
--
Market Dominance
0.00%
Market Rank
#3994
SKY Market Cap
Market Cap
$0
Fully Diluted Market Cap
$2.10Bn
SKY Price History
7d Low / 7d High
$0 / $0
All-Time High
$0
All-Time Low
$0
SKY Supply
Circulating Supply
0
Total Supply
23.46Bn
Max Supply
0
Updated Dec 09, 2024 1:13 pm
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SKY
Sky
$0.089338107429
$0.000421730314(-0.47%)
Mkt Cap $0
There's nothing here for now
Bitcoin's Path To $100,000 Faces Challenges Amid Long-Term Holder Sell-Off
Bitcoin's Path To $100,000 Faces Challenges Amid Long-Term Holder Sell-Off
According to Cointelegraph, Bitcoin's recent surge toward the $100,000 mark has been accompanied by significant sell-offs from long-term holders. Analysts suggest this could indicate a potential market peak, which might lead to bearish trends if demand decreases. Maartuun, a contributor to CryptoQuant, likened the situation to a game of musical chairs, advising caution as the market dynamics shift. Since November 8, long-term holders, defined as those who have held Bitcoin for at least 155 days, have sold approximately 827,783 BTC, valued at around $82.59 billion at the current price of $99,200. Maartuun pointed out that while significant purchases have been made, such as the 149,800 BTC acquired by MicroStrategy and the 84,193 BTC inflows into spot Bitcoin ETFs, these only account for about 30% of the total sold by long-term holders. Despite this sell pressure, Bitcoin's strength persists, partly due to retail demand reaching yearly highs, as indicated by CryptoQuant's retail demand 30-day change chart. Retail investors are also actively participating in futures trading. Data from CoinGlass shows that Bitcoin's Open Interest, which tracks the total number of unsettled Bitcoin derivative contracts, stands at $61.18 billion. Maartuun noted that long-term Bitcoin holders are sitting on substantial unrealized profits, with the Long Term Holder realized price at $24,481, representing an average gain of approximately 400% for these holders. At the time of writing, Bitcoin's price is $99,203, according to CoinMarketCap. On December 6, Jamie Coutts, chief crypto analyst at Real Vision, commented on the liquidity conditions using his Bitcoin MSI macro model. He warned that despite Bitcoin reaching new all-time highs, the deteriorating liquidity backdrop could pose challenges. Coutts believes that if conditions worsen, the current rally, although euphoric, may be short-lived. Readers are reminded that this article does not provide investment advice, and all trading decisions should be made with careful consideration of the risks involved.
Dec 09, 2024 1:13 pm

Frequently Asked Questions

  • What is the all-time high price of Sky (SKY)?

    The all-time high of SKY was 0 USD on 1970-01-01, from which the coin is now down 0%. The all-time high price of Sky (SKY) is 0. The current price of SKY is down 0% from its all-time high.

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  • How much Sky (SKY) is there in circulation?

    As of , there is currently 0 SKY in circulation. SKY has a maximum supply of 0.

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  • What is the market cap of Sky (SKY)?

    The current market cap of SKY is 0. It is calculated by multiplying the current supply of SKY by its real-time market price of 0.089338107429.

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  • What is the all-time low price of Sky (SKY)?

    The all-time low of SKY was 0 , from which the coin is now up 0%. The all-time low price of Sky (SKY) is 0. The current price of SKY is up 0% from its all-time low.

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  • Is Sky (SKY) a good investment?

    Sky (SKY) has a market capitalization of $0 and is ranked #3994 on CoinMarketCap. The cryptocurrency market can be highly volatile, so be sure to do your own research (DYOR) and assess your risk tolerance. Additionally, analyze Sky (SKY) price trends and patterns to find the best time to purchase SKY.

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