After BTC hit $120K, spot, futures, and open interest (OI) all jumped.
Binance added the most spot volume before and after the peak, 52% on July 18, and also led futures OI growth.
Altcoin spot trades followed the same pattern, with Binance taking the lionβs share while others trailed.
π See the breakdown in our Research Dashboard.
@cryptoquant_official
Binance added the most spot volume before and after the peak, 52% on July 18, and also led futures OI growth.
Altcoin spot trades followed the same pattern, with Binance taking the lionβs share while others trailed.
@cryptoquant_official
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π13π₯9β€7π2π³1
Ethereum Overheated? No Need to Worry
βEthereum has surged sharply recently, so the risk of a short-term correction still remains. But looking at a slightly bigger frame the current level is way too small. Even if a correction comes, it's likely to be shallow and short.β β Read More
By Crypto Dan | @cryptoquant_official
βEthereum has surged sharply recently, so the risk of a short-term correction still remains. But looking at a slightly bigger frame the current level is way too small. Even if a correction comes, it's likely to be shallow and short.β β Read More
By Crypto Dan | @cryptoquant_official
π28β€16π₯12π€―3π³1
First time in over a year: ETH spot volume > BTC.
Last week, ETH spot trading hit $25.7B vs. BTCβs $24.4B, pushing the ETH/BTC spot volume ratio above 1 for the first time since June 2024.
Investors are rotating to ETH and Altcoins.
π Get the full story behind this rotation in our latest report.
@cryptoquant_official
Last week, ETH spot trading hit $25.7B vs. BTCβs $24.4B, pushing the ETH/BTC spot volume ratio above 1 for the first time since June 2024.
Investors are rotating to ETH and Altcoins.
@cryptoquant_official
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π27π₯17β€11π―3π³1
The Source of the Bitcoin Rally is not Retail
βWhile retail investors are selling, institutional and large investors continue to accumulate.β β Read More
By burakkesmeci | @cryptoquant_official
βWhile retail investors are selling, institutional and large investors continue to accumulate.β β Read More
By burakkesmeci | @cryptoquant_official
β€22π₯11π³9π―2
TRON users arenβt just holding USDT, theyβre moving it.
More than 70% of USDT transfers now occur wallet-to-wallet, and daily P2P volume has tripled since 2023.
π Explore all the details in our latest dashboard.
@cryptoquant_official
More than 70% of USDT transfers now occur wallet-to-wallet, and daily P2P volume has tripled since 2023.
@cryptoquant_official
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β€14π12π₯10π³1
IBCI Reaches Distribution Region Again After 5 Months
βIBCI has reached the Distribution zone - a range historically associated with euphoria and possible market tops - for the third time in this Bitcoin bull cycle. However, the index only touched the lower base of this zone, reaching the 80% mark, still a far way from the 100% that signaled major tops in previous BTC cycles.β β Read More
By G a a h | @cryptoquant_official
βIBCI has reached the Distribution zone - a range historically associated with euphoria and possible market tops - for the third time in this Bitcoin bull cycle. However, the index only touched the lower base of this zone, reaching the 80% mark, still a far way from the 100% that signaled major tops in previous BTC cycles.β β Read More
By G a a h | @cryptoquant_official
β€31π₯17π16π8π―6π€2π³1
MVRV Points to a Potential Cycle Peak β Late August May Be the Real Turning Point
βBack in 2021, the MVRV 365DMA formed a double-top camel pattern β a peak followed by another six months later β just before the bear market began. That second peak effectively marked the turning point.β β Read More
By Yonsei_dent | @cryptoquant_official
βBack in 2021, the MVRV 365DMA formed a double-top camel pattern β a peak followed by another six months later β just before the bear market began. That second peak effectively marked the turning point.β β Read More
By Yonsei_dent | @cryptoquant_official
π27β€13π₯6π3π³1
Ethereum lost the stablecoin crown.
TRON now leads in USDT supply, fees and daily transfers.
Join our Space with TRON on July 30, 10 AM PT to unpack how they pulled it off.
π Set your reminder.
@cryptoquant_official
TRON now leads in USDT supply, fees and daily transfers.
Join our Space with TRON on July 30, 10 AM PT to unpack how they pulled it off.
@cryptoquant_official
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π€22β€10π8π―8π4π€―2π1π³1
Are Long-Term Holders Taking Chips Off the Table at $120K?
βLong-term holders (LTHs) have started to turn net negative right at the $120K resistance β a historically important psychological level.β β Read More
By Burak Kesmeci | @cryptoquant_official
βLong-term holders (LTHs) have started to turn net negative right at the $120K resistance β a historically important psychological level.β β Read More
By Burak Kesmeci | @cryptoquant_official
β€21π16π³8π―4π₯1
The Cryptocurrency Market Is Cooling Off from a Short-Term Overheating Phase
βBefore the corrections in MarchβOctober 2024 and JanuaryβApril 2025, the degree of overheating was higher than it is now, and the overheated state lasted for a longer period (red boxes).β β Read More
By Crypto Dan | @cryptoquant_official
βBefore the corrections in MarchβOctober 2024 and JanuaryβApril 2025, the degree of overheating was higher than it is now, and the overheated state lasted for a longer period (red boxes).β β Read More
By Crypto Dan | @cryptoquant_official
β€21π19π±5π₯2π³1
2025 Altseason? π
Altcoins are on fire since Bitcoin burst above $120K. Ethereum has already rallied +170% off the lows and sits just -23% below its $4,871 ATH.
1. SharpLink fueled the breakout with a $1.3B purchase of 438,190 ETH.
2. Bitcoin dominance has slipped to 58% as alts steal the spotlight.
3. Alt + ETH futures volume has climbed to $223.6B, the highest in five months.
4. Alts and ETH now account for 83% of CEX futures activity; BTC only 17%.
5. On Binance, just 23 of 424 futures pairs show negative returns since BTCβs new ATH.
6. Retail is re-engaging: BTC transactions under $10K are up 9.7% over the past 30 days.
Want to track smart-money flows and retail trends like a pro? CryptoQuant plans are up to 30% off β tap below!
π Get Your Offer Now
@cryptoquant_official
Altcoins are on fire since Bitcoin burst above $120K. Ethereum has already rallied +170% off the lows and sits just -23% below its $4,871 ATH.
1. SharpLink fueled the breakout with a $1.3B purchase of 438,190 ETH.
2. Bitcoin dominance has slipped to 58% as alts steal the spotlight.
3. Alt + ETH futures volume has climbed to $223.6B, the highest in five months.
4. Alts and ETH now account for 83% of CEX futures activity; BTC only 17%.
5. On Binance, just 23 of 424 futures pairs show negative returns since BTCβs new ATH.
6. Retail is re-engaging: BTC transactions under $10K are up 9.7% over the past 30 days.
Want to track smart-money flows and retail trends like a pro? CryptoQuant plans are up to 30% off β tap below!
@cryptoquant_official
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β€34π14π₯5π³5π―4π±1π1
Bitcoin just saw its third major profit-taking wave of this bull run.
Realized profits spiked to $6β8B in late July, on par with March and Dec 2024 peaks.
It was new whales, those who bought within 155 days, who led the selling above $120K.
π Read our latest research report.
@cryptoquant_official
Realized profits spiked to $6β8B in late July, on par with March and Dec 2024 peaks.
It was new whales, those who bought within 155 days, who led the selling above $120K.
@cryptoquant_official
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π28β€14π₯8π³1