Binance Data Reveals Bitcoin Profit Trends: Is the Bull Run Far From Over?
Before its recent price correction, Bitcoin came close to hitting the six-digit milestone, achieving an all-time high of $99,645—a near 170% year-to-date increase. This notable price performance, followed by the recent price dip, has sparked discussions about the state of the market, particularly the profit-taking behaviour observed among investors. An analysis by a CryptoQuant analyst…
Binance Hits $8.3B Open Interest High—Here’s What It Signals For the Crypto Market
Binance, one of the world’s largest crypto exchanges, has achieved a new milestone as its open interest (OI) surged to an all-time high (ATH) of $8.3 billion, according to a report by CryptoQuant analyst Burak Kesmeci. This increase, representing a 10.24% growth over the past 24 hours, emphasizes Binance’s substantial share of global crypto futures…
Bitcoin Price Correction Triggers $296 Million In Liquidations – Can BTC Still Hit ATH?
Bitcoin (BTC) has had a volatile 24 hours, hitting as low as $68,830 on the Binance crypto exchange before recovering some losses. Liquidation Data At A Glance Although BTC is trading close to its all-time high (ATH) value of $73,737, yesterday’s quick drop in price cast doubts on whether the top digital asset will be…
Chainlink Holders Accumulating Amid CCIP Upgrade: Is A LINK Breakout Imminent?
Chainlink is the leading middleware, linking on-chain dapps with external data securely. While the platform is critical in many crypto sectors, especially DeFi, LINK has recently struggled for momentum. LINK Holders Moving Tokens From Exchanges: Are They Accumulating? However, on-chain streams from IntoTheBlock reveal that more holders are moving tokens from top exchanges like Binance…
Survey Finds Almost 70% Of Ethereum Institutional Investors Engaged In ETH Staking
Almost 70% of institutional investors in Ethereum (ETH) are participating in ETH staking, with 60.6% of them using third-party staking platforms. Ethereum Staking Landscape At A Glance According to a report by Blockworks Research, 69.2% of institutional investors holding Ethereum are engaged in staking the platform’s native ETH token. Of these, 78.8% are investment firms…
72% Of ETHUSDT Traders On Binance Go Long – Is This The Buy Signal You Need?
In a recent trading activity on the crypto exchange Binance, 72% of ETHUSDT traders have taken long positions. This interesting sentiment is revealed through the trading analytics platform CoinGlass. This surge in long position is more notable as it comes after a week of Ethereum trending downwards. The strong tilt toward long positions suggests that…