On-Chain Analysis | ForkLog

ForkLog 36 20.01.2025

Meme Coin Traders Ignite a Frenzied Weekend on Solana

The weekend of January 18-19, preceding the inauguration of U.S. President-elect Donald Trump, emerged as one of the most active periods in cryptocurrency history, particularly for the Solana ecosystem. The most significant factors were the meme coins TRUMP and MELANIA launched during this period. DeFi enthusiast and founder of the Pink Brains studio, known as […]

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ForkLog 18 10.01.2025

Malicious actors cost crypto more than $3bn in 2024

Losses from malicious activity in the crypto industry topped $3.01 billion in 2024, according to PeckShield. #PeckShieldAlert 2024 has witnessed a significant resurgence in crypto-related hacking activities. The total value of loss in 2024 has exceeded $3.01B, reflecting a ~15% increase over the $2.61B stolen in 2023. This total includes $2.15B stolen from crypto hacks […]

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ForkLog 20 10.01.2025

CryptoQuant spots a ‘buy-the-dip’ signal in bitcoin

Panic selling around $92,000 offers an attractive opportunity to accumulate digital gold. That is the conclusion at CryptoQuant. A drop in SOPR below the breakeven level of 1 signalled intensifying capitulation among speculative market participants. Pessimism was compounded by failed attempts to push the price back above $100,000. STH-SOPR dynamics. Data: CryptoQuant. «По мере снижения […]

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ForkLog 11 09.01.2025

Glassnode spots fading speculative momentum in bitcoin futures

Open interest in futures on the first cryptocurrency shows “declining speculative momentum”, Glassnode analysts observed.

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ForkLog 40 31.12.2024

Bitcoin Inflows to Exchanges Plummet to 2016 Levels

In the weeks leading up to the end of 2024, the daily number of BTC deposits on exchanges fell to 30,000. According to CryptoQuant analyst Alex Adler Jr., this may indicate an imminent rally for the leading cryptocurrency. Chart of the number of addresses depositing BTC to exchanges. Data: CryptoQuant. Current figures are three times […]

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ForkLog 27 26.12.2024

On-Chain Analyst Identifies Bitcoin’s Most Active Sellers

In November and December, market participants who purchased coins amid the approval and launch of spot ETFs in the US were the most active in offloading digital gold. These observations were shared by CryptoQuant contributor Yonsei_dent.

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ForkLog 54 26.12.2024

Bitcoin and Solana Trading Volumes Hit Record Highs

Solana’s turnover in November reached a record $243 billion. The blockchain has taken a leading position with 132 million active users. An expert noted the formation of a “bullish pullback” pattern as an entry point for long positions. In November, Bitcoin and Solana trading volumes reached record highs of $2.2 trillion and $243 billion, respectively. […]

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ForkLog 14 26.12.2024

Runes Protocol’s Share of Bitcoin Transactions Hits Record Low

By the end of 2024, the Runes protocol experienced a decline in user activity amid high volatility in the crypto market and growing interest in other industry sectors. The share of Runes, BRC-20, and Ordinals among all transactions on the Bitcoin network. Data: Dune Analytics. In the initial months following its launch, the Runes protocol […]

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ForkLog 35 19.12.2024

Solana Dapps Revenue Hits Record $365 Million in November

The total fees generated by Solana applications in November reached a historic high of $365 million, with $106 million attributed to the “meme token factory” Pump.fun, according to data from Syndica. Data: Syndica. Pump.fun became the first in Solana to achieve a nine-figure income in a month. The figure could have been even higher if […]

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ForkLog 10 19.12.2024

Glassnode Identifies Signs of a Late Bull Market Stage

A sharp increase in the “network wealth” of new Bitcoin investors, coupled with active coin distribution by hodlers, indicates a transition to the late stage of a bull market, according to Glassnode. #Bitcoin continues trading above the psychologically important $100k price level, supported by a consistent inflow of capital. Long-Term Holders are capitalizing on this […]

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ForkLog 8 17.12.2024

Whales Show Reluctance to Sell Bitcoin, Analyst Observes

Large holders of the leading cryptocurrency have yet to commence active selling, asserts CryptoQuant contributor known as CryptoOnchain.

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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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