History Shows Bitcoin ETF Outflows Favor Accumulation, Says Santiment
Six straight days of outflows from US spot Bitcoin ETFs — totaling $1.26 billion — are drawing attention not for the losses they represent, but for what history suggests might come next. What The Data Shows Blockchain analytics firm Santiment says these outflows should be read as a counter-signal rather than a warning. According to…
XRP Records Biggest Spike In Network Usage In 2 Months
Failed transactions on the XRP Ledger climbed sharply this week alongside a burst of new user activity, as on-chain data pointed to a wave of participation that accompanied the token’s latest price recovery. Wallets Running Toward 8 Million Total activated accounts on the XRP Ledger reached 7,856,080, putting the network within striking distance of a…
XRP Holders Rise Rapidly To Hit A New All-Time High, Will Price Follow?
On-chain data from Santiment shows the number of XRP Ledger wallets holding at least 10,000 XRP tokens has reached a new all-time high. The price and holder activity. It also raises a major question: are larger holders positioning early before the price catches up? XRP Ledger Hits Record High In 10,000+ XRP Wallets XRP has…
USDT On Ethereum Sees Largest Exchange Outflow Since February — Details
According to the latest on-chain data, the Ethereum-native iteration of USDT, the world’s largest stablecoin, has just witnessed its largest exchange outflow in recent months. 1.29 Billion USDT Flow Out Of Crypto Exchanges In a May 9th post on the X platform, blockchain analytics firm Santiment revealed that USDT on the Ethereum network recently recorded…
Chainlink Price Surges Above $10 For First Time Since January — Details
The cryptocurrency market has seen increased commentary about the imminence of an altcoin season over the past week, with the Chainlink price performance a major contributor to the conversation. The LINK token, which has had a rough ride this year, seems to have roared back to life over the last few days. Despite facing rejection…
Cardano Price At Multi-Year Support That Previously Led To 200% Rally – ADA Recovery Ahead?
As Cardano (ADA) retests a key multi-year level that previously led to significant price increases, some analysts point to on-chain and derivative signals suggesting a potential price recovery for the altcoin. Cardano Retests Key Macro Support On Tuesday, Cardano dropped 3% to retest a crucial macro support level. The altcoin has been trading between $0.25-$0.30…
On-Chain Data Shows XRP Price Bottom Might Be Further Below — Here’s Why
After a poor performance in the first two months of the year, the XRP price appears to have steadied its movement, rousing the hopes of relief among investors. However, the latest on-chain analysis suggests that the altcoin might not have hit its true local price bottom yet. Number Of Days Spent At A Profit Still…
Crypto Fear Gauge Hits Extreme Level Even As Traders Bet On Relief Rally
Bitcoin’s fear gauge plunged back into “Extreme Fear” on Wednesday — the same day traders flooded social media with bullish calls following the US Federal Reserve’s decision to hold interest rates steady. Sentiment Shoots Up Despite Grim Market Signals The Crypto Fear & Greed Index, a widely tracked measure of overall market mood, had briefly…
Big Players Return: Bitcoin Whales Scoop Up BTC At $71K
The crypto market’s fear gauge hit 15 — deep inside “Extreme Fear” territory — yet the biggest Bitcoin holders quietly moved in the opposite direction. Whale Wallets Grow Their Share Of Total Bitcoin Supply According to crypto analytics platform Santiment, wallets holding between 10 and 10,000 BTC increased their collective share of total supply to…
Extreme Bitcoin Shorts Could Predict A Bottom, Here’s The Significance
Bitcoin’s recent price decline has led to many traders betting on further downside, with on-chain data showing a notable increase in bearish positioning across major crypto exchanges. According to on-chain data from Santiment, aggregated funding rates have fallen into deep negative territory. This level of deep short positioning has not been seen with Bitcoin since…