Glassnode – Telegram
Glassnode
46.5K subscribers
1.25K photos
1.1K links
Pioneering on-chain market analysis.

Advanced charts/data/insights for investors in Bitcoin and digital assets.

https://studio.glassnode.com/
Download Telegram
The Luna Foundation Guard has been in #Bitcoin accumulation mode throughout 2022, adding a total of 30,727 $BTC to their balance so far.

Track the LFG Balance
#Bitcoin exchange outflow volume recently hit a rate of 96.2k $BTC per month.

Aggregate exchange outflows of this magnitude have only been seen on a handful of occasions through history, with most being after the March 2020 liquidity crisis.

Live Chart
The #Bitcoin network has mined the 19 millionth $BTC, whilst accumulation by Shrimps alone surpass 1.7x daily issuance.

This week also saw an influx of buying from Luna Foundation Guard, inflows into Purpose ETF, and 1k+ $BTC Whales.

Read our analysis in The Week on-chain
The #Bitcoin market has struggled to achieve upside momentum, with prices falling below $40k again.

In our latest analysis, we assess the weakness seen in on-chain activity, and the sustained profit taking that is slowing the recovery down.

Read our analysis in The Week On-chain
#Bitcoin has corrected back below $40k, despite prior weeks of strong accumulation.

We are yet to see a follow through in new users on-chain, suggesting we remain in a HODLer dominated market.

We also analyse how mining hashrate continues to new ATHs.

Watch more in our latest video analysis report.
This bear market has restructured #Bitcoin ownership, with $BTC moving out of Short-Term speculative, and towards Long-term investor hands.

On a statistical basis, it appears we have just seen the largest capitulation of both cohorts.

Read our analysis in The Week On-chain
This media is not supported in your browser
VIEW IN TELEGRAM
We are pleased to release a new feature, enabling saved Workbench charts to be added to your Dashboard!🗜

You can now add Metrics, Workbench, and Favourite charts via the 'Add Metric' button, unlocking even more customised views of the #Bitcoin, #Ethereum and #Crypto markets.
Over the last five years, #Bitcoin derivatives have expanded and matured significantly.

Perpetual swap futures have emerged as the industries preferred instrument for trading and price discovery.

Read our analysis on the dominance of perpetual swaps in The Week On-chain
#Bitcoin Long-Term Holders continue to capitulate, with a huge divergence between their purchase price (blue) and their selling price (pink).

This is the largest LTH capitulation in #Bitcoin history.

Read more in The Week On-chain
The #Ethereum "Otherside" NFT mint by Yuga Labs on May 1st lead to record highs in fee-related metrics.

With a net change of -58,280 #ETH in circulating supply due to burned fees, this day is the most deflationary in Ethereum's history to date.

Full Thread | Live Chart
#Bitcoin Futures markets have seen a whirlwind 24hrs following Fed rate hikes yesterday.

Over 26.5k $BTC worth of open interest was added to the market during yesterdays rally.

However during the sell-off today, almost all of this open interest (~25k $BTC) has been closed out.

Live Chart
Last week was historic for #Bitcoin, as $LUNA hyper-inflated, $UST failed, forcing the sale of 80k $BTC

Next, the $USDT peg came under pressure for 24hrs, creating $5B in losses, and a near miss with the Realized Price.

Read our full break-down analysis in The Week-On-chain
Last week saw $UST and $LUNA collapse, and the #Tether $1 peg come under pressure.

The #Bitcoin market sold off 21.2% in response, putting all 2021-22 investors in loss

Read our analysis of the impact the $UST and $USDT de-peg events had on the market.