Fifth-Largest Holder of Polygon Tokens Is Little-Known Chinese Crypto Project
Chinese cryptocurrency staking project Avatar has become the fifth-largest holder of polygon (MATIC), accumulating 22 million tokens worth $22.5 million. Source
Read MoreChinese cryptocurrency staking project Avatar has become the fifth-largest holder of polygon (MATIC), accumulating 22 million tokens worth $22.5 million. Source
Read MoreAfter the all-time cryptocurrency price highs in 2021, suffering through the Luna implosion of 2022 and watching countless crypto businesses go belly up, we’ve got a new entrant to the meme coin scene that launched on the Solana network. The crypto asset bonk inu (BONK) has a circulating token supply
Read MoreThree days ago, on Nov. 11, 2022, it was reported that FTX’s wallets saw unusual activities and FTX Telegram channel admins stressed that FTX was “hacked.” The same day, the new FTX CEO John Ray confirmed there were “unauthorized transactions.” A report by the blockchain intelligence firm Elliptic explains that
Read MoreData from Glassnode suggests Bitcoin long-term holder capitulation hasn’t reached a scale that would imply a widespread loss of conviction yet. Bitcoin Long-Term Holder Supply Has Declined By 61.5k BTC Since 6 Nov According to the latest weekly report from Glassnode, the BTC long-term holder supply has observed a notable decrease recently. The
Read MoreThe addresses, over several transactions, amassed over $48 million of DAI and swapped it all into 37,000 ether. The address now holds over 288,000 ether and is the 35th-largest owner of the cryptocurrency, blockchain data pointed out by security firm PeckShield shows. Original Source
Read MoreThe extended bearish trend caused panic and massive sell-offs in the crypto space. But it seems that the industry still records progressive
Read MoreArk Invest published its monthly Bitcoin report, detailing several bullish signs for the asset and the general market.It notes that Bitcoin is in oversold condition, and the asset might have reached a strong bottom, pointing to Bitcoin’s short-term-holder cost basis crossing below the long-term-holder equivalent for the first time since
Read MoreOn-chain data shows the Bitcoin 30-day long-term holder SOPR hasn’t yet reached the historical bottom level during the current cycle. Bitcoin 30-Day Long-Term
Read MoreOn-chain data shows the Bitcoin MVRV ratio has declined below one recently as the average holder has now slipped back into a state of loss. Bitcoin MVRV Is Now Back In The Historical Bottom Region As pointed out by a post on CryptoQuant, the BTC MVRV ratio has now come down into
Read MoreOn-chain data shows the Bitcoin short-term holder SOPR is approaching the “breakeven” value, a point that has acted as resistance for the crypto’s price in the past. Bitcoin Short-Term Holder SOPR Surges Up And Approaches A Value Of “1” As pointed out by an analyst in a CryptoQuant post, the selling pressure
Read More