CryptoQuant | ForkLog

ForkLog 7 25.12.2024

Speculators Show Interest Amid Bitcoin’s Decline

As the market reacted negatively to the outcomes of the Fed meeting on December 18, the proportion of bitcoin holders who conducted their last transactions within a three-month horizon increased. These figures were reported by CryptoQuant. The kids are in bed and I’m grateful that we’ve got a bunch of presents under the tree for […]

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ForkLog 12 16.12.2024

Retail Investors Maintain Faith in Bitcoin Bull Run

The number of Bitcoin wallets with balances under 1 BTC is expected to rise by 8.67% in the near future, as small investors continue to accumulate coins following the price breakthrough of $100,000, according to CryptoQuant. The average number of addresses holding less than 1 BTC currently stands at 323K (with BTC priced at $101K). […]

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ForkLog 8 12.12.2024

CryptoQuant Predicts Ethereum Surge Beyond $5000

If current trends in demand and supply, on-chain activity, and investor interest persist, the second-largest cryptocurrency by market capitalization is poised for significant appreciation. This is reported by The Block, citing insights from CryptoQuant experts.

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ForkLog 6 10.12.2024

Experts Observe Increased Movement of ‘Old Bitcoins’

At the moment of reaching the ATH on December 5, significant transfers from hodlers were observed, which could have caused a sharp drop to $90,500, according to CryptoQuant. Subsequently, quotes returned to the $102,000 area, but on-chain activity intensified again, indicating a trend towards continued selling pressure, specialists noted. Glassnode analysts identified the $99,559 mark […]

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ForkLog 14 09.12.2024

CryptoQuant Warns of Potential Bitcoin Rally Halt

The surge of Bitcoin towards $100,000 has triggered sales by hodlers, potentially steering the trajectory into bearish territory as retail investor demand wanes, according to CryptoQuant. ?Long-Term Holders sold 827,783 BTC in 30 days. This is one of the bearish on-chain signals behind this BOLT statement. A thread on more key signals behind this claim?? […]

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ForkLog 15 04.12.2024

Coinbase Whales Propel XRP to New Heights

On December 3, XRP reached a multi-year high of $2.909, marking a 478.4% increase over the month. The ATH stands at $3.3. Hourly chart of XRP/USDT on Binance. Data: TradingView. At the time of writing, the asset shows near-zero daily growth. The price is $2.622. The cryptocurrency has secured the third position by market capitalization […]

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ForkLog 9 04.12.2024

Significant Influx of ‘Whale’ Bitcoins to Exchanges Observed by Experts

The increasing influx of bitcoins to exchanges from whales suggests a potential risk of future sell-offs, according to CryptoQuant. Experts explained that the aSOPR metric “does not yet indicate significant profit-taking activity.” Data: CryptoQuant. Amid the activity of large players, exchange balances of digital gold have generally fallen to 2.46 million BTC — the lowest […]

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ForkLog 37 02.12.2024

CryptoQuant CEO Challenges Traditional Altcoin Season Indicators

The traditional indicator of an altcoin season, characterized by capital flowing from Bitcoin to other cryptocurrencies, is no longer relevant. This conclusion was reached by Ki Young Ju, founder and CEO of CryptoQuant. Alt season is no longer defined by asset rotation from #Bitcoin. The surge in altcoin trading volume isn’t driven by $BTC pairs […]

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ForkLog 20 28.11.2024

CryptoQuant Sets Bitcoin Target for Current Cycle

Following a price correction, certain metrics of digital gold suggest the continuation of a bull market phase with a target of $146,000, according to CryptoQuant. Is it too late to buy in? Bitcoin has surged 34% in November ’24, with the bull run in full swing. The CryptoQuant Cycle Indicator shows that Cycle Peak hasn’t […]

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ForkLog 5 27.11.2024

Bitcoin’s Current Dip Seen as Prelude to $100,000 Surge

The recent decline of Bitcoin to $93,000 is expected to be short-lived, with prices still on track to reach six figures by the year’s end, according to trader Bluntz Capital. likely thats the pullback done on #btc here, i think up from here and its aint going as low as ppl think pic.twitter.com/pVeiFZzVC4 — Bluntz […]

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ForkLog 63 26.11.2024

Bitcoin’s Retreat Seen as a Pause Before Thanksgiving

Bitcoin’s journey towards the psychological $100,000 mark has “stalled” amid $430 million in long liquidations and growing concerns over the upcoming November 27 inflation data and the Fed minutes. This conclusion was reached by CryptoQuant. Asia Color — 26 Nov 24 1/ Bitcoin dips below $93K — a $430M liquidation event coincides with a $438M […]

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ForkLog 11 20.11.2024

CryptoQuant Identifies Five Indicators Signaling Bitcoin Rally’s End

CryptoQuant has identified five key indicators that warn of a local peak formation, with only one currently signaling a bearish trend. Bitcoin Hits ATH: Is It Time to Sell or Hold? MVRV > 3.7 has historically marked market tops. Explore these 4 additional key metrics to better understand market timing and make more informed decisions. […]

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