Glassnode On-chain: Three Fallen Banks
Silvergate, 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.
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Silvergate, 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.
Last week, Huobi denied that the two exchanges were planning to merge.
Data shows Bitcoin whales took out 15.7k BTC from exchanges during recent weeks, the highest amount since June of this year.
According to a Forbes' report, more than half of daily trading volumes for Bitcoin, the largest cryptocurrency in the world, ...
The latest analysis by Glassnode suggests that the worst of the sell-offs could be concluded, but the market still needs time to recover.
Glassnode’s recent on-chain analysis suggests that the current Bitcoin bear cycle is shaping up to be the worst cycle in history.
Data from Glassnode shows more than $7 billion in Bitcoin losses was realized within three consecutive days, the most in ...
Glassnode’s report also shows that as much as 60% of trading volume is in what it calls “profit-led,” with long-term holders most likely to be in profit.
The 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.