Category: Bitcoin Exchange Supply

Bitcoin’s Exchange Supply Hits Three-Year Low, BTC Crowd Sentiment Turns Positive

Earlier this week, the world’s largest cryptocurrency Bitcoin (BTC) made a brief move above $45,000. However, ever since the Federal Reserve announced the inflation numbers on Thursday, it has been moving sideways. Bitcoin has corrected over 7% from its weekly highs and is currently trading at $42,268 with a market cap of $801 billion. However, […]

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Bitcoin Exchange Supply Tanks to the Lowest Level in 37 Months

Bitcoin exchange supply is shrinking rapidly. The supply ratio has shrunk by 3%, and Bitcoin exchange supply is the lowest in 37 months. BTC exchanges now hold only 10.8% of the supply. The reason for BTC exchange supply shrinking could be due to wider global adoption of the number one cryptocurrency and holding sentiments of […]

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Why It Might be the Worst Time to Sell Your Bitcoin (BTC)?

Bitcoin (BTC) price has found a new surge of bullish momentum in the past week rising to a new two-month high of $46,637.  After consolidation for nearly three months in the price range of $30K-$40K, the top cryptocurrency looks set to test its previous highs. Source: TradingView Bitcoin exchange supply ratio has dipped to the […]

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This Indicator Shows Money Flowing Back From Stablecoins Into Bitcoin (BTC), Whales Are Back

Bitcoin (BTC) continues to remain largely volatile as the cryptocurrency is up 5% today as of press time. From Thursday’s lows, the BTC price has recovered back to $34,500 levels. Several indicators point out that Bitcoin has been on the path of recovery, and it could be probably on the uptrend post this expiry on […]

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Bitcoin (BTC) NVT Ratio Reset Suggests Undervaluation At Current Price, Bullish Signals Intact

After attaining $59,000 levels on Monday, May 3, Bitcoin has slumped back 4.5% and is currently trading at $55,677 with a market cap of $1.042 trillion. Although Bitcoin seems under selling pressure at this point, its on-chain fundamentals clearly point that the world’s largest crypto is undervalued at this stage. Bitcoin’s Network Value to Transaction […]

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12K Bitcoins Moved Out of Coinbase, Bitcoin Whales With Over 100K+ BTC Surged 3x In 2021

Bitcoin (BTC) supply at exchanges continues to fall further as the world’s largest cryptocurrency consolidates around $60,000 levels. As the BTC price surged past $61,000 levels over the last weekend, another 12.6K Bitcoins moved out of Coinbase as per the latest data from Glassnode. 12,638 #bitcoin was transfered out of Coinbase last night, that’s over […]

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Bitcoin (BTC) Approaches $40,000, Retail Investors Lose Their Holdings to Whales

Bitcoin has made a solid move today surging 5% and making its way to $40,000 levels. At press time, BTC is trading 5.23% up at a price of $39,607 and a market cap of $407 billion. Over the last week, Bitcoin (BTC) has added nearly $6000 to its price in a catch-up rally with Ethereum […]

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Bitcoin (BTC) Supply At Exchanges Highest In Nine Months, Moment of Caution?

Bitcoin (BTC) price has jumped more than 30% so far in 2021 and is currently making yet another attempt to breach $41,000 levels. At press time, Bitcoin (BTC) is trading at $40,815 with a market cap of $759 billion. The recent BTC price rally has made investors anxious about what’s to come next as Bitcoin […]

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