BITPRISMIA
Bitcoin miners have significantly increased BTC selling, with 16,000 BTC moved to exchanges, impacting market liquidity and price dynamics. This activity is driven by profit-taking and operational needs, analyzed through on-chain data.
Bitcoin is at a critical juncture, facing a key resistance level near $120,000, with the next potential target being $136,000, as analyzed by Glassnode's on-chain metrics.
Bitcoin experienced a significant price drop due to large-scale transfers from a Satoshi-era whale, causing market volatility and massive liquidations.
The Royal Government of Bhutan is strategically selling Bitcoin during its all-time high to fund national development projects while retaining a significant reserve, reflecting a balanced approach to cryptocurrency investment.
The article discusses the growing momentum in the Real-World Asset (RWA) tokenization market, highlighting its breakout and potential as a key driver in the crypto sector.
The 1inch team's acquisition of $3.3 million worth of 1INCH tokens signals strong confidence in the project's future and highlights the role of on-chain data in tracking DeFi market trends.
The Ethereum Foundation sold 2,416.7 ETH worth approximately $7.1 million, which may have psychological and liquidity impacts on the crypto market, while highlighting the role of on-chain data in tracking such transactions.
The 1inch team investment fund withdrew 5.01 million 1INCH tokens from Binance, signaling a strategic move that could impact the token's liquidity and the broader DeFi ecosystem.