Glassnode

2021-07-21 19:00:02 The #DeFi ecosystem has seen capital redistribution out of risk-on speculation, and into risk-off stablecoin yield generation.

In our analysis, we present a short-term bear case for DeFi, alongside future growth opportunities.

Read more in DeFi Uncovered and subscribe for more DeFi insights. Open / Comment

2021-07-21 03:41:12 The #Bitcoin Realised Cap tracks the aggregate value of all coins at the price when last moved.

It rises when coins are spent at a net profit, and declines when spent at a loss.

Since mid-May, the market has absorbed over $15B in net losses.

Live Chart Open / Comment

2021-07-20 19:00:07 Tune in for our analysis of the Bull, and Bear case for #Bitcoin in this Week On-chain Video.

We assess:
- Short vs Long range indicators
- Institutional demand
- On-chain activity
- Miners and HODLers
- Coin maturation
- Probability of Supply Squeeze

Video Report Open / Comment

2021-07-19 19:00:02 #Bitcoin is trading on the edge of a large on-chain volume support level, with a high volatility move likely just over the horizon.

This week, we analyse the Bull and Bear cases using the full suite of on-chain metrics.

Read more in The Week On-chain Open / Comment

2021-07-16 04:59:14 #Bitcoin is currently trading near the lows of a significant on-chain volume node.

Between prices of $31k and $34.3k, over 1.86M $BTC have transacted on-chain, equivalent to 9.93% of the circulating supply.

This is now convincingly the largest realised volume cluster since $12k.

Live Chart Open / Comment

2021-07-14 19:00:00 As yields across #Ethereum #DeFi compress, active participants seek out new pools, projects and protocols to find fresh yield opportunities

This week we analyse a number of less obvious sources of yield available in the market

Read more in DeFi Uncovered Open / Comment

2021-07-13 19:00:06 The Week On-chain Video Report #28 is live on Glassnode Studio.

We analyse a broad scope of the #Bitcoin market:
- Mining market dynamics
- Exchange flows and Derivatives
- Coin maturation and holding patterns
- Deep dive into the HODL waves

See our Video Report Open / Comment

2021-07-13 08:32:57 #Bitcoin aged between 2y-5y old were accumulated between 2016 and 2019 at prices ranging from $640 to $20k.

Conviction of these investors remains strong this cycle, now holding over 22.9% of the $BTC supply

Read our analysis on coin maturation patterns in The Week On-chain Open / Comment

2021-07-12 19:00:02 As volatility squeezes out of the #Bitcoin market, it is starting to feel like the calm before the storm.

This week we analyse a range of metrics seeking bull/bear triggers for
- Miners
- Exchanges
- Derivatives
- Investors

Read more in The Week On-chain Open / Comment

2021-07-09 19:00:06 #Bitcoin exchange balances have started to show signs of sustained outflows since the sell-off on 22-June.

From the 2021 lows, ~140k $BTC were deposited to exchanges.

Over the last three weeks, approx 40k $BTC have been withdrawn, 28% of what came in.

Live Chart Open / Comment