Long-term holder accumulation

Glassnode Analysis Debunks Immediate Bitcoin Supply Shock Narrative Despite Falling Exchange Reserves

Glassnode’s latest assessment of Bitcoin supply dynamics posits that the significant withdrawal of BTC from exchanges, now below 15% of circulation, does not automatically foreshadow an imminent supply shock. This decline is tempered by other market mechanisms influencing available supply.… Read More »Glassnode Analysis Debunks Immediate Bitcoin Supply Shock Narrative Despite Falling Exchange Reserves

Bitcoin Nears $108,000 Threshold as Exchange Reserves Shrink to Multi-Year Low

Bitcoin approaches the pivotal $108,000 price level amid accelerating exchange withdrawals and sustained long-term accumulation by holders, signaling deepening supply constraints across markets. Exchange reserves plunged to 2.4 million BTC—a reduction exceeding 800,000 BTC since mid-2023—reducing readily available supply and… Read More »Bitcoin Nears $108,000 Threshold as Exchange Reserves Shrink to Multi-Year Low

CryptoQuant Analysis Points to Potential Bitcoin Surge Beyond $110,000

Analytics firm CryptoQuant suggests Bitcoin could be poised for a significant rally potentially exceeding $110,000. This outlook is based on current network metrics mirroring patterns observed before previous major price increases. Key indicators underpinning this analysis include Bitcoin’s network activity… Read More »CryptoQuant Analysis Points to Potential Bitcoin Surge Beyond $110,000