On-Chain Analysis | ForkLog

ForkLog 17 05.12.2023

Expert identifies $5 billion of profit-taking by Bitcoin speculators

Digital gold faced a wave of profit-taking worth $5 billion, comparable to levels seen during the run to ATH near $69,000. Such estimates were provided by analyst James van Straten.

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ForkLog 7 29.11.2023

Analysts record first post-Shanghai decline in ETH staking

Glassnode: since October, Ethereum has seen a rise in exiting validators, reducing the number of ETH locked in staking and slowing issuance.

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ForkLog 10 21.11.2023

Glassnode: 83.6% of Bitcoin supply has moved into profit

Glassnode: the amount of BTC in 'paper' profit reached a peak since November 2021, but its average size is too small to trigger a wave of hodlers' position closures.

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ForkLog 48 16.11.2023

Report: Layer-1 Blockchains Ten Times Higher in TVL Than L2s

Total TVL across the ten largest Layer-1 blockchains is 9.6 times higher than that of L2 protocols.

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ForkLog 21 13.11.2023

Analysts compare the pace of shrinking available Bitcoin supply with its issuance

The available supply of digital gold has fallen to all-time lows, and the pace of moving coins into long-term storage is about 2.5 times faster than the rate of issuance. Glassnode analysts say.

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ForkLog 8 08.11.2023

Glassnode: In anticipation of the halving and an ETF, hodlers have hoarded a record number of coins

Glassnode: despite the active rebound of digital gold since the start of the year, coin supply remains extremely limited due to hodlers' actions.

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ForkLog 11 02.11.2023

Experts point to nascent uptrend in Bitcoin price

Glassnode: corrections in Bitcoin and Ethereum were shallower than in the previous uptrend, allowing for capital inflows.

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ForkLog 10 31.10.2023

The number of profitable Bitcoin addresses hits historic high

The number of Bitcoin wallets in profit has surpassed 39 million. This marks a new record, according to Glassnode data.

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ForkLog 17 24.10.2023

Glassnode: Bitcoin clears a string of key resistance levels

Glassnode: Bitcoin hit a new high since the start of the year, breaking through key barriers near $28,000 as technical (200D MA, 200W MA) and on-chain in nature.

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ForkLog 12 19.10.2023

Analysts outline features of Bitcoin price recovery

The current Bitcoin market structure shows similarities to the recovery phase after bear-dominated periods in 2016 and 2019, according to Glassnode experts.

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ForkLog 17 16.10.2023

Analyst assesses whale behaviour in Bitcoin and Ethereum

Since the start of the year, Ethereum whales (over 1,000 ETH, about $1.5m) have reduced positions by 12 million ETH, while Bitcoin whales (more than 1,000 BTC, about $26.9m) have been accumulating coins.

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ForkLog 14 11.10.2023

Analysts note shrinking liquidity in the cryptocurrency market

Glassnode: liquidity continues to decline amid a slide to cyclical lows in on-chain transfers, changes in exchange balances and capital flows.

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#On-Chain Analysis