CryptoBlog n.715
⚡️ CryptoQuant ▫️ Exchange Netflow The difference between the coins entering and leaving the exchange. (Inflow - Outflow = Netflow) ▫️ Yesterday saw a record $4 billion in inflows in trading history, a factor that probably has a correlation to BlackRock, which launched a private bitcoin trust for institutions.
CryptoBlog n.714
⚡️ Bitcoin ▫️ At the moment, 63% of the circulating supply is in profit. ▫️ At first glance, the above chart doesn't look useful at all. But if you look closer, you can see a trend line that has historically been pretty darn accurate in terms of identifying macroeconomic lows.
CryptoBlog n.713
⚡️ Santiment ▫️ Sentiment in Cardano is pretty positive right now, with prices +22% over the last 3 weeks. The ratio of transactions in the chain as profit taking vs. selling at a loss is at its highest level since the last week of March.
CryptoBlog n.712
⚡️ Santiment ▫️ ShibaInu was on the move this weekend and up +34% in the last 24 hours, while the cryptocurrency was pretty flat. Not coincidentally, the whales were very active on SHIB. There were 433 trades worth over $100K, the most in the last 4 months.