Glassnode: Capital outflows, stablecoin drama and realized loses
New Glassnode Insights help us explain what was one of the craziest week's of the year in crypto.
CryptoSlateNew Glassnode Insights help us explain what was one of the craziest week's of the year in crypto.
CryptoSlateSilvergate, Silicon Valley Bank, and Signature Bank- how the banking fallout impacts core BTC on-chain metrics, stablecoin depegging, and net capital outflows from the digital asset market.
CoinMarketCapBitcoin’s price had just topped $21,000 at the time of writing — meaning around 45% of BTC holders have an “on-paper loss,” according to Glassnode.
CointelegraphWhile many indicators suggest that the market bottom may be close, time will be the ultimate determinant, according to a new report from Glassnode.
CointelegraphGlassnode’s recent on-chain analysis suggests that the current Bitcoin bear cycle is shaping up to be the worst cycle in history.
CointelegraphRecent on-chain analysis by Glassnode has shown that the current Bitcoin bear cycle is playing out as the worst one in history.
CointelegraphAnalytics provider Glassnode reports that long-term BTC holders are reducing their spending and increasing their positions.
CointelegraphWhile long-term token sales saw a noticeable uptick last week, holding remains the strategy of choice as more short-term supply is turning into long-term supply.
CointelegraphThe report by Glassnode also revealed that up to 60% of the transaction volume is in what it calls “profit dominance,” and long-term holders are the most likely to be in the green.
Cointelegraph