CryptoQuant.com
@cryptoquant_com
Leading On-chain Data/Analytics Provider 💡 Insights: http://t.me/cryptoquant_official 🔔 Alerts: http://t.me/cryptoquant_alert
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$1.9 billion USDe burned since yesterday, 13% of total supply, as funding rates turned negative. USDe is the third largest stablecoin. You can track USDe activity here: cryptoquant.com/community/dash…
Bitcoin price premium on Coinbase completely off the chart as prices declined.
Prices on other exchanges dipped more than on Coinbase. The price on HTX fell below $102k at the lows. The Coinbase premium continues to be quite high.
Bitcoin Price Dip: Who Were the Main Sellers on Binance? “Large investors did not dominate the sell-off... Pressure came from smaller wallet cohorts: Shrimps: 603 BTC Crabs: 2,260 BTC Fish: 3,860 BTC Sharks: 768 BTC” – By @Crazzyblockk Link ⤵️ cryptoquant.com/insights/quick…
BTC Consolidation “To prevent panic selling from STHs, it is crucial for the ongoing consolidation to hold above the $112k line in the short term.” – By @Yonsei_dent Full analysis ⤵️ cryptoquant.com/insights/quick…
TRON Cooling Phase “The TRON Spot Volume Bubble Map metric indicates a cooling phase in spot activity, suggesting that the market may be forming a potential local bottom.” – By @burak_kesmeci Read more ⤵️ cryptoquant.com/insights/quick…
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