π #BTC Santiment: the crowd is showing a moderate bullish bias. The last major swing occurred on Sunday, when a perfect buying zone opened up as retail analysts predicted BTC would fall below $100k. Markets almost always move in the opposite direction to the crowd's expectations.
π #YGG Upbit Listing: Yield Guild Games (YGG) added as a digital asset on the KRW and USDT markets. Market Cap: $90 million.
π #SNX Santiment: between Sunday and Tuesday, the price of Synthetix surged 155%. This was followed by one of the most powerful FOMO spikes in the network's history:
- 2,725 active wallets in a single day;
- 975 new wallets created in a single day;
- 229 whale transfers of over $100,000 in a single day.
At the same time, the average age of SNX held during this period decreased by 24 days.
- 2,725 active wallets in a single day;
- 975 new wallets created in a single day;
- 229 whale transfers of over $100,000 in a single day.
At the same time, the average age of SNX held during this period decreased by 24 days.
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π #BTC #NFT NodeMonkes are on the rise again as BTC rises, volumes hit a yearly record last week. theblock.co
π #BTC Head of Research K33: After the recent leverage reduction, we are moving to constructive BTC growth, although patience remains key. Liquidity is likely to remain low in the short term as traders recover from forced selling, but previous such declines have often marked market bottoms. coindesk
ππ³ Whale Transactions:
1. FTX/Alameda unlocked another 192,936 #SOL ($39.32 million) and deposited 88,131 #SOL ($17.64 million) on Coinbase Prime;
2. Forward Industries, which previously bought 6.82 million #SOL ($1.38 billion) at $232, posted 993,058 SOL ($192.08 million) on Coinbase Prime. Of these, 250k SOL ($50m) were transferred to Galaxy Digital.
1. FTX/Alameda unlocked another 192,936 #SOL ($39.32 million) and deposited 88,131 #SOL ($17.64 million) on Coinbase Prime;
2. Forward Industries, which previously bought 6.82 million #SOL ($1.38 billion) at $232, posted 993,058 SOL ($192.08 million) on Coinbase Prime. Of these, 250k SOL ($50m) were transferred to Galaxy Digital.
π€ #USDC Analysts at William Blair are betting that steblecoins are entering the commercial era, and begin coverage of Circle with an "outperform" rating. They describe USDC as "a critical player in the steblecoin ecosystem poised to transform cross-border finance." theblock.co
π #SOL Hyblock: 76% of Solana retail traders are in the long position, which is a historic bullish signal.
Treasury firms and institutions are also accumulating SOLs below $200. cointelegraph
Treasury firms and institutions are also accumulating SOLs below $200. cointelegraph
π #RWA CEO BlackRock: traditional financial assets are expected to shift towards their tokenized version over the next few decades. cointelegraph
π«π· French banking giant ODDO BHF, which manages $175 billion in assets, is entering the cryptocurrency market with a euro-backed #EUROD stablecoin. coindesk.com
πΈ #BTC Over the past 24 hours, ~$627M worth of contracts have been liquidated, of which longs have liquidated ~$425M and shorts ~$202M.
ππ€ #BTC trades near $112,500, but short-term holders (STH) keep panicking, per realized price.
Recent liquidations hit hardβeven yesterday's dip triggered fresh panic. Yesterday: >56K BTC from loss-making STHs flooded exchanges, exceeding liquidation volumes.
STHs under heavy pressureβthird panic in days. Many are recent buyers chasing breakeven, stalling zone breakout. cryptoquant
Recent liquidations hit hardβeven yesterday's dip triggered fresh panic. Yesterday: >56K BTC from loss-making STHs flooded exchanges, exceeding liquidation volumes.
STHs under heavy pressureβthird panic in days. Many are recent buyers chasing breakeven, stalling zone breakout. cryptoquant