Bitcoin miner to exchange flows in general downward trend

"Part of that may be miners increasingly conducting over-the-counter deals instead of selling on exchanges."
― Link

by Jan Wuestenfeld | @cryptoquant_official

We have opened the French CryptoQuant translation channel.

For those who have difficulties with English, CryptoQuant is lowering the hurdles of data-driven investment decisions by offering translated insights in following channels.

Français | @cryptoquant_fr
ภาษาไทย | @cryptoquant_th
Polska | @cryptoquant_pl
čeština | @cryptoquant_cs
Nederlands | @cryptoquant_nl
Việt Nam | @cryptoquant_vn
한국어| @cryptoquant_kr
Español| @cryptoquant_es
日本語| @cryptoquant_jp
Türkçe| @CryptoQuant_turkish
فارسی| @CryptoQuant_FA
اللغة العربية | @CryptoQuant_AR

@cryptoquant_official

Bitcoin Mining Profitability Analysis: Trends and Forecasts for 2023

"This growth indicates a strengthening and stabilizing Bitcoin network."
― Link

by AxelAdlerJr | @cryptoquant_official

Are Short-Term Holder Providing Fuel For A (Temporary) Bottom?

"As long as the MVRV STH remains above 1, this group (on average) remains in profit and will serve as support for the price."
― Link

by maartunn | @cryptoquant_official

Bitcoin Trading Volume Spot/Derivatives

"...we can say that another price growth up to the 30k level happened due to the impact of futures market movements."
― Link

by Crazzyblockk | @cryptoquant_official

Large Investors Accumulating Bitcoin: What Does This Mean for the Price?

"Specifically, the number of Bitcoins held in the +10K BTC band increased from 1.74M BTC to 1.77M BTC"
― Link

by onchained | @cryptoquant_official

Bitcoin Supply and Investor Sentiment in May 2023: Exchange Reserves Decline as Hodling Trend Strengthens

"Referring to the July 2019 transaction data, which also saw a decrease in deposit transactions during a BTC price increase, indicated that the market was waiting for a bullish momentum before the halving. "
― Link

by CRYPTOHELL | @cryptoquant_official

Weekly #Bitcoin Highlights (May 31, 2023)
Analyzing Bitcoin and Ethereum's On-Chain Data Amidst the U.S. Debt Ceiling Discussions

@cryptoquant_official

CryptoQuant Special Report: China vs. US Crypto War

Hong Kong opened the bars against crypto today. While there are conflicting expectations about Hong Kong's market impact on the industry, our team investigated the US and China regulations' impact on their industry.

Here's the CryptoQuant team's answer.

Submit the form | @cryptoquant_official

Due to the growing FUDs upon Gate.io, the total reserve(USD) of $BTC, $ETH, and Stablecoins has dropped by $-123.7M(-14.1%) in 48hr.

The outflow is slowing down, and the total reserve is currently at $756.4M.

Gate.io Dashboard | @cryptoquant_official

The Consistent Decline in NFT Market Activity

"The NFT market trade volume has been on a consistent decline since its peak in April 2022, indicating a decrease in overall activity."
― Link

by Woominkyu | @cryptoquant_official

It's time to make a decision for Bitcoin

"If the price fails to reclaim this level, the next supports are found at $25,300, and the realized price of the 3-6 month age band, which is at $20,000."
― Link

by Grizzly | @cryptoquant_official

Crypto Market – Currently transitioning into the Bull Market

"It's very unlikely that BTC will make a new low and the recession induced drop will be rather the last chance right before the Strong Bull Zone(White Box). "
― Link

by Dan Lim | @cryptoquant_official

Binance Exchange On-Chain Analysis in the Context of CFTC-SEC-Binance Lawsuit Cases

On a nominal basis, Binance has experienced large net outflows of Bitcoin and Ethereum after today's SEC lawsuit announcement.

1. These net outflows are more significant than when the CFTC sued the exchange in March 2023. However, net outflows so far are smaller than what the exchange has experienced in other periods of "stress" (or regulatory FUD).

2. Moreover, these net outflows are small relative to the level of reserves in the exchange.

3. The total amount of user transactions to withdraw funds (Bitcoin, Ethereum, and Stablecoins) has spiked after the SEC lawsuit announcement, but they are still within historical normal levels.

Real-Time Dashboard | @cryptoquant_official

SEC has filed multiple lawsuits against crypto giants in 23'.

Gemini, Kraken, Binance, and now Coinbase.

What impact does it bring to the US?

CryptoQuant Special Report: China vs. US Crypto War

Application Deadline D-2

Submit the Form | @cryptoquant_official

Signs of Ethereum's Uptrend: Tracking the Supply of ETH on Uniswap

"Many new tokens hit their peak in price between April and May, but this could be a sign that the second season is coming and a prediction of Ethereum's uptrend."
― Link

by Woominkyu | @cryptoquant_official

Examining Long-Term Holder Reactions and Bitcoin Correction Amidst Negative Binance News

"The current sellers are holders with a holding period of 3-6 months, day traders, and weekly swing traders."
― Link

by CRYPTOHELL | @cryptoquant_official

Very old BTC moved

"For reference, 10 years ago, the price of Bitcoin was less than $100."
― Link

by Dan Lim | @cryptoquant_official

Increasing Bitcoin Exchange Outflows Following SEC Lawsuit Against Binance and Coinbase

"This reduced liquidity, combined with concerns surrounding regulatory compliance, may contribute to increased price volatility in the short term."
― Link

by onchained | @cryptoquant_official