Never before in #Bitcoin's history have there been more addresses active as a sender (7d MA).
Live chart | @glassnode
Live chart | @glassnode
$BTC saw continued gains throughout Week 46, rising above $16k for the first time since January 2018.
Meanwhile, #Ethereum looks poised to launch the first stage of ETH2.0 before the end of 2020.
Read more | #TheWeekOnChain
Meanwhile, #Ethereum looks poised to launch the first stage of ETH2.0 before the end of 2020.
Read more | #TheWeekOnChain
We introduce a new methodology to classify #Bitcoin supply owned by long-term investors and short-term traders, and create a set of on-chain metrics that show when these two investor types are in a state of profit or loss.
👇 Read the full story here
Read more | @glassnode
👇 Read the full story here
Read more | @glassnode
The #Ethereum 2.0 deposit contract has crossed 100,000 $ETH in staked value.
Almost 20% of the phase 0 staking goal have been reached.
Live chart | @glassnode
Almost 20% of the phase 0 staking goal have been reached.
Live chart | @glassnode
In the past hour we observed the highest number of newly created addresses in the #Bitcoin network since January 2018 📈
Live chart | @glassnode
Live chart | @glassnode
#Bitcoin Realized Price hits a new ATH and crosses $7,000 USD for the first time in history.
Realized Price values each bitcoin at the time of their last on-chain movement, and can be interpreted as the average $BTC cost basis.
Live chart | @glassnode
Realized Price values each bitcoin at the time of their last on-chain movement, and can be interpreted as the average $BTC cost basis.
Live chart | @glassnode
#Bitcoin miner revenue is back at pre-halving levels.
Miners are currently earning around $17M per day – twice as much compared to May when block rewards were reduced to 6.25 BTC.
Live chart | @glassnode
Miners are currently earning around $17M per day – twice as much compared to May when block rewards were reduced to 6.25 BTC.
Live chart | @glassnode
#Bitcoin bull markets are characterized by a decreasing BTC supply held by hodlers, as long-term investors move old coins in order to take profits.
We started to see this trend last month, as the long-term holder supply has decreased by ~300k BTC.
Live chart | @glassnode
We started to see this trend last month, as the long-term holder supply has decreased by ~300k BTC.
Live chart | @glassnode
#DeFi protocols are facing a wave of attacks which use flash loans to manipulate centralized price oracles. The latest exploit drained $3.3m USD worth of assets from Cheese Bank.
Read more about this exploit | #Insights
Read more about this exploit | #Insights
Glassnode Insights - On-Chain Market Intelligence
DeFi Attacks: Flash Loans and Centralized Price Oracles
DeFi protocols are facing a wave of attacks that use flash loans to target vulnerabilities in smart contracts. The most common exploit relies on centralized price oracles.
#Bitcoin liquidity continues its downward trajectory.
YTD balance on exchanges: -18%
Live chart | @glassnode
YTD balance on exchanges: -18%
Live chart | @glassnode
Around 80,000 ETH have been desposited to the #Ethereum 2.0 contract in the past 30 hours.
More than 6,000 validators have staked a total of 193,500 $ETH to date.
That amounts to ~37% of the phase 0 staking goal.
Live chart | @glassnode
More than 6,000 validators have staked a total of 193,500 $ETH to date.
That amounts to ~37% of the phase 0 staking goal.
Live chart | @glassnode
#Bitcoin funding rates on major exchanges have increased considerably over the past few days.
Long positions are heavily paying shorts – potentially incentivizing more traders to start taking the other side.
Live chart | @glassnode
Long positions are heavily paying shorts – potentially incentivizing more traders to start taking the other side.
Live chart | @glassnode
With prices exceeding $18,000 for the first time since 2017, $BTC looks poised to break its previous all-time high.
Meanwhile, plummeting #Bitcoin exchange balances support the narrative that investors intend to hodl.
Read more | #TheWeekOnChain
Meanwhile, plummeting #Bitcoin exchange balances support the narrative that investors intend to hodl.
Read more | #TheWeekOnChain
#Ethereum 2.0 deposit contract stats
- Total value staked: 423,200 ETH
- Validators: 12,575
- Phase 0 staking goal: 80.7%
Still 12 hours left to reach the goal of 524,288 ETH required to launch the Beacon Chain on Dec 1st.
Live chart | @glassnode
- Total value staked: 423,200 ETH
- Validators: 12,575
- Phase 0 staking goal: 80.7%
Still 12 hours left to reach the goal of 524,288 ETH required to launch the Beacon Chain on Dec 1st.
Live chart | @glassnode
The number of #Bitcoin whales (entities holding at least 1,000 $BTC) has reached a new ATH after more than 4 years.
An entity is a cluster of network addresses controlled by the same individual/institution.
Live chart | @glassnode
An entity is a cluster of network addresses controlled by the same individual/institution.
Live chart | @glassnode
Since yesterday's announcement from #OKEx to resume withdrawals, we have seen an outflow of 29,300 $BTC from the exchange.
In the same time period 21,600 BTC have been deposited, reducing the exchange's balance to ~212k BTC.
#Bitcoin
Live chart | @glassnode
In the same time period 21,600 BTC have been deposited, reducing the exchange's balance to ~212k BTC.
#Bitcoin
Live chart | @glassnode
#Bitcoin mining difficulty increased by 8.9% today.
It is the second positive adjustment in a row, and has recovered most of the large drop we saw early this month.
Mining difficulty is now only 4.4% below its ATH.
Live chart | @glassnode
It is the second positive adjustment in a row, and has recovered most of the large drop we saw early this month.
Mining difficulty is now only 4.4% below its ATH.
Live chart | @glassnode