Glassnode | ForkLog

ForkLog 14 08.06.2021

Glassnode: Bitcoin and Ethereum on-chain activity falls to 2018 levels

Metrics for active users, on-chain value transferred, and transaction fees in the Bitcoin network for the prior week fell to levels seen at the end of 2020 and the start of 2021. These observations were shared by Glassnode analysts.

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ForkLog 24 01.06.2021

Only twice was it worse: Bitcoin fell 34.5% in May

May 2021 proved to be the third-largest percentage drop in Bitcoin's price in the history of the premier cryptocurrency. BTC closed the past month down 34.5% at $37,340. In November 2018 the price of digital gold fell 37%, and in September 2011 by 40%.

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ForkLog 16 27.05.2021

Glassnode: DeFi sector resists panic on May 19

The DeFi sector showed resilience during the May 19 crash and extreme gas prices. This manifested in high activity on the DEX, robustness of liquidation and arbitrage mechanisms, and the pegging of stablecoins, according to Glassnode analysts.

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ForkLog 18 25.05.2021

Bitcoin holders register unprecedented losses as market rout deepens

From May 17 to 23, the volume of losses recorded by Bitcoin holders reached a historic high of $14.2 billion. The scale of capitulation surpassed previous records in March 2020 and in January–February 2018, according to Glassnode.

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ForkLog 25 18.05.2021

Glassnode: Long-term investors ramp up purchases during Bitcoin’s current correction

The current correction was driven by panicked selling among short-term investors, while long-term buyers were buying the dip. Analysts at Glassnode concluded as much.

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ForkLog 21 24.02.2021

Glassnode: Whales trimmed 140,000 BTC in February

Large holders of the first cryptocurrency could have booked profits at peak levels by selling 140,000 BTC in February, according to a Glassnode report.

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ForkLog 13 15.02.2021

Glassnode: Bitcoin market has exited the early phase of bull-market accumulation

The Bitcoin market has crossed the midpoint in the transition of supply from long-term holders to short-term holders.

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ForkLog 24 26.01.2021

Glassnode: Whales push Ethereum to new highs

Large Ethereum holders have created upward pressure on the price of the second-largest cryptocurrency, according to data from Glassnode.

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ForkLog 13 26.01.2021

Glassnode experts identify signs that Bitcoin’s correction is ending

Glassnode analysts, based on two on-chain metrics, forecast the end of the correction and the formation of a new bullish price impulse for Bitcoin.

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ForkLog 12 21.01.2021

Bitcoin addresses holding more than 1,000 BTC hit 2,400 for the first time

The total number of Bitcoin addresses holding more than 1,000 BTC has for the first time surpassed 2,400, according to Glassnode.

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ForkLog 10 21.01.2021

Glassnode: Investors pull Bitcoin from centralized exchanges en masse

Against a backdrop of rising Bitcoin prices, investors continued moving the cryptocurrency into long-term storage. Over the past month, 270,000 BTC were withdrawn from liquid wallets. Data from analytics firm Glassnode show this.

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ForkLog 14 12.01.2021

Glassnode: Bitcoin whales capitalised on a sharp pullback to build positions

Major holders of the first cryptocurrency on January 11 did not give in to panic amid the recent price drop and increased their positions, according to Glassnode.

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