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"CLARITY Act Could Have Bigger Impact on XRP Than Many Expect, Developer Says"Software developer Vincent Van Code believes the proposed CLARITY Act could have a bigger impact on XRP adoption than many people expect.
He argues that, although XRP’s legal status is clearer today, important regulatory uncertainty still remains.
In a post on X, Van Code said the 2023 district court ruling in the SEC’s case against Ripple significantly reduced legal uncertainty. Notably, the court found that XRP sales on secondary markets are not securities.
He said the ruling has already encouraged more institutional activity. It has supported the expansion of Ripple’s On-Demand Liquidity (ODL) corridors, bank pilot programs, XRP exchange-traded fund (ETF) filings, and broader custody support.
Court Ruling Reduced Risk, but Uncertainty Remains
Van Code argued that the Ripple decision is still only a federal district court ruling, not a federal law. Because of that, he said, future legal and regulatory challenges remain possible.
He noted that the SEC could take different positions in future enforcement actions. Future court decisions or changes in administration could also narrow or revisit the ruling.
According to Van Code, this uncertainty continues to concern large financial institutions. Many of them require clear statutory guidance before committing significant capital or integrating digital assets into core financial products.
CLARITY Act Could Encourage More Institutions
Van Code said the CLARITY Act is designed to address this issue by putting digital asset classifications into federal law.
He added that banks and traditional financial institutions generally follow conservative compliance standards. As a result, many remain hesitant to hold large XRP positions or build major products based only on a court ruling.
Instead, some institutions have limited their XRP involvement to lower-risk activities. These include non-custodial services, pilot programs, and experimental use cases.
If passed, the CLARITY Act could remove much of the remaining regulatory uncertainty that risk-averse institutions continue to cite. Van Code believes this could support broader institutional adoption of XRP.
However, he emphasized that this is his personal analysis. He did not suggest that the legislation would necessarily have a direct impact on XRP’s market price.
CLARITY Act Advances in Senate
A new draft of the Digital Asset Market Clarity Act is circulating in the Senate as lawmakers make a final push to pass crypto market structure legislation before the August recess.
The latest draft includes a controversial ethics provision. It would bar the president and other senior government officials from holding direct crypto investments until 2029. The Department of Justice would be responsible for enforcing the rule.
Republicans say the provision reflects an agreement with President Donald Trump. However, many Democrats argue the restriction does not go far enough. Several have not yet committed to supporting the bill.
Beyond the ethics measure, the legislation would expand consumer protections and clarify how digital assets are regulated. It would also establish rules for crypto exchanges, support tokenized securities, and preserve protections for decentralized finance (DeFi) developers. Developers who do not control customer funds would remain exempt from money transmitter rules.
Republican leaders are expected to bring the bill to the Senate floor soon. However, it will likely need at least 10 Democratic votes to clear the Senate’s 60-vote threshold.
With Congress set to begin its summer recess in August, the coming weeks are the bill’s best opportunity to advance.
#CryptoNewsCommunity
"CLARITY Act Could Have Bigger Impact on XRP Than Many Expect, Developer Says"
Software developer Vincent Van Code believes the proposed CLARITY Act could have a bigger impact on XRP adoption than many people expect.
He argues that, although XRP’s legal status is clearer today, important regulatory uncertainty still remains.
In a post on X, Van Code said the 2023 district court ruling in the SEC’s case against Ripple significantly reduced legal uncertainty. Notably, the court found that XRP sales on secondary markets are not securities.
He said the ruling has already encouraged more institutional activity. It has supported the expansion of Ripple’s On-Demand Liquidity (ODL) corridors, bank pilot programs, XRP exchange-traded fund (ETF) filings, and broader custody support.
Court Ruling Reduced Risk, but Uncertainty Remains
Van Code argued that the Ripple decision is still only a federal district court ruling, not a federal law. Because of that, he said, future legal and regulatory challenges remain possible.
He noted that the SEC could take different positions in future enforcement actions. Future court decisions or changes in administration could also narrow or revisit the ruling.
According to Van Code, this uncertainty continues to concern large financial institutions. Many of them require clear statutory guidance before committing significant capital or integrating digital assets into core financial products.
CLARITY Act Could Encourage More Institutions
Van Code said the CLARITY Act is designed to address this issue by putting digital asset classifications into federal law.
He added that banks and traditional financial institutions generally follow conservative compliance standards. As a result, many remain hesitant to hold large XRP positions or build major products based only on a court ruling.
Instead, some institutions have limited their XRP involvement to lower-risk activities. These include non-custodial services, pilot programs, and experimental use cases.
If passed, the CLARITY Act could remove much of the remaining regulatory uncertainty that risk-averse institutions continue to cite. Van Code believes this could support broader institutional adoption of XRP.
However, he emphasized that this is his personal analysis. He did not suggest that the legislation would necessarily have a direct impact on XRP’s market price.
CLARITY Act Advances in Senate
A new draft of the Digital Asset Market Clarity Act is circulating in the Senate as lawmakers make a final push to pass crypto market structure legislation before the August recess.
The latest draft includes a controversial ethics provision. It would bar the president and other senior government officials from holding direct crypto investments until 2029. The Department of Justice would be responsible for enforcing the rule.
Republicans say the provision reflects an agreement with President Donald Trump. However, many Democrats argue the restriction does not go far enough. Several have not yet committed to supporting the bill.
Beyond the ethics measure, the legislation would expand consumer protections and clarify how digital assets are regulated. It would also establish rules for crypto exchanges, support tokenized securities, and preserve protections for decentralized finance (DeFi) developers. Developers who do not control customer funds would remain exempt from money transmitter rules.
Republican leaders are expected to bring the bill to the Senate floor soon. However, it will likely need at least 10 Democratic votes to clear the Senate’s 60-vote threshold.
With Congress set to begin its summer recess in August, the coming weeks are the bill’s best opportunity to advance.
#CryptoNewsCommunity
He argues that, although XRP’s legal status is clearer today, important regulatory uncertainty still remains.
In a post on X, Van Code said the 2023 district court ruling in the SEC’s case against Ripple significantly reduced legal uncertainty. Notably, the court found that XRP sales on secondary markets are not securities.
He said the ruling has already encouraged more institutional activity. It has supported the expansion of Ripple’s On-Demand Liquidity (ODL) corridors, bank pilot programs, XRP exchange-traded fund (ETF) filings, and broader custody support.
Court Ruling Reduced Risk, but Uncertainty Remains
Van Code argued that the Ripple decision is still only a federal district court ruling, not a federal law. Because of that, he said, future legal and regulatory challenges remain possible.
He noted that the SEC could take different positions in future enforcement actions. Future court decisions or changes in administration could also narrow or revisit the ruling.
According to Van Code, this uncertainty continues to concern large financial institutions. Many of them require clear statutory guidance before committing significant capital or integrating digital assets into core financial products.
CLARITY Act Could Encourage More Institutions
Van Code said the CLARITY Act is designed to address this issue by putting digital asset classifications into federal law.
He added that banks and traditional financial institutions generally follow conservative compliance standards. As a result, many remain hesitant to hold large XRP positions or build major products based only on a court ruling.
Instead, some institutions have limited their XRP involvement to lower-risk activities. These include non-custodial services, pilot programs, and experimental use cases.
If passed, the CLARITY Act could remove much of the remaining regulatory uncertainty that risk-averse institutions continue to cite. Van Code believes this could support broader institutional adoption of XRP.
However, he emphasized that this is his personal analysis. He did not suggest that the legislation would necessarily have a direct impact on XRP’s market price.
CLARITY Act Advances in Senate
A new draft of the Digital Asset Market Clarity Act is circulating in the Senate as lawmakers make a final push to pass crypto market structure legislation before the August recess.
The latest draft includes a controversial ethics provision. It would bar the president and other senior government officials from holding direct crypto investments until 2029. The Department of Justice would be responsible for enforcing the rule.
Republicans say the provision reflects an agreement with President Donald Trump. However, many Democrats argue the restriction does not go far enough. Several have not yet committed to supporting the bill.
Beyond the ethics measure, the legislation would expand consumer protections and clarify how digital assets are regulated. It would also establish rules for crypto exchanges, support tokenized securities, and preserve protections for decentralized finance (DeFi) developers. Developers who do not control customer funds would remain exempt from money transmitter rules.
Republican leaders are expected to bring the bill to the Senate floor soon. However, it will likely need at least 10 Democratic votes to clear the Senate’s 60-vote threshold.
With Congress set to begin its summer recess in August, the coming weeks are the bill’s best opportunity to advance.
#CryptoNewsCommunity
20
Large #Cardano investors significantly increased their holdings over the past week, signaling growing confidence in $ADA’s near-term outlook.
According to on-chain data from Santiment, Cardano wallets controlled by large holders accumulated more than 30 million ADA over the past seven days. The data also shows that whale holdings steadily climbed to 5.69 billion ADA, suggesting consistent accumulation rather than isolated purchases.
Meanwhile, renewed whale accumulation has coincided with improving sentiment across the broader crypto market, helping Cardano regain ground in the market-cap rankings.
Notably, ADA overtook Stellar (XLM) to reclaim its position as the 15th-largest cryptocurrency by market capitalization. Cardano currently boasts a market cap of $6.39 billion, narrowly edging past Stellar’s $6.30 billion valuation.
#CryptoNewss
Large #Cardano investors significantly increased their holdings over the past week, signaling growing confidence in $ADA’s near-term outlook.
According to on-chain data from Santiment, Cardano wallets controlled by large holders accumulated more than 30 million ADA over the past seven days. The data also shows that whale holdings steadily climbed to 5.69 billion ADA, suggesting consistent accumulation rather than isolated purchases.
Meanwhile, renewed whale accumulation has coincided with improving sentiment across the broader crypto market, helping Cardano regain ground in the market-cap rankings.
Notably, ADA overtook Stellar (XLM) to reclaim its position as the 15th-largest cryptocurrency by market capitalization. Cardano currently boasts a market cap of $6.39 billion, narrowly edging past Stellar’s $6.30 billion valuation.
#CryptoNewss
According to on-chain data from Santiment, Cardano wallets controlled by large holders accumulated more than 30 million ADA over the past seven days. The data also shows that whale holdings steadily climbed to 5.69 billion ADA, suggesting consistent accumulation rather than isolated purchases.
Meanwhile, renewed whale accumulation has coincided with improving sentiment across the broader crypto market, helping Cardano regain ground in the market-cap rankings.
Notably, ADA overtook Stellar (XLM) to reclaim its position as the 15th-largest cryptocurrency by market capitalization. Cardano currently boasts a market cap of $6.39 billion, narrowly edging past Stellar’s $6.30 billion valuation.
#CryptoNewss
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Article
"XRP Inverse Head-and-Shoulders Targets 16% Move to $1.32"#XRP has formed an inverse head-and-shoulders pattern on the daily chart, with its completion targeting a 16% move to $1.32.
The setup comes amidst the recent price rebound. Notably, from the lows of $1.05 on July 13, XRP has rebounded nearly 8% to its current price. Chart analysis shows that this move completed a bullish formation, one that could potentially take the coin to higher prices.
XRP Inverse H&S Pattern Formation
On the daily chart, XRP has formed an inverse head-and-shoulders (H&S) pattern. The formation follows a rejection from a key support area at $1.32 in early June.
Notably, this demand zone has held XRP since the February crypto market crash, with each price weakness halting there. However, bears forced matters on June 1 and eventually pushed XRP below the support.
The consequent dip to $1.05 on June 6 started the inverse H&S pattern. There, the coin formed the left shoulder before a short-term rebound. The pattern’s head formed during the drop to $1.009 on June 26. Buying pressure stepped in to prevent a decline below the psychological $1 price mark, with XRP subsequently recovering.
The right shoulder formation built on the inverse head-and-shoulders pattern. Following the drop to $1.05 again on July 13, XRP rebounded from the support area again, confirming the bullish structure.
An inverse head-and-shoulders pattern suggests that selling pressure is declining as prices stop making lower lows. It is usually a trend reversal formation, signaling the gradual transition from a downtrend to an uptrend.
Trendline Breakout Confirms Bullish Structure
The completion of the inverse H&S formation saw XRP break above a downward-sloping trendline that has capped recoveries since May. After the high of $1.36 on May 30, XRP has made lower highs, each aligning closely with this trendline.
However, this resistance gave way on July 21 when XRP rallied approximately 3% to complete the right shoulder. This breakout confirms that momentum is now with the bulls, and its sustenance opens the path to higher prices.
The key level to watch is $1.09. As long as XRP stays above this area, the breakout and the inverse H&S pattern remain intact. Meanwhile, the upward target for the bullish formation is reclaiming $1.32, representing a 16% increase from the current price of $1.13.
XRP Whales Extensively Accumulating
Another bullish development that could fuel a price uptrend is the growing dominance of XRP whales on exchange outflows. A recent report shows that whales accounted for 77.8% of all XRP withdrawals from centralized exchanges on July 22.
Whales have a reputation for holding longer than retail. As such, when large holders increasingly shift an asset away from exchanges, it has a lasting impact on available supply. It also signals accumulation, reinforcing confidence in XRP’s future trend among key market participants.
Futures data is also showing renewed derivative interest in XRP. Over the past 3 days, traders have opened more futures positions than they have closed, with the percentage net change showing a staggering 452% increase. Inflows stand at $1.10 billion and outflows at $1.04 billion, reflecting a net inflow of $59 million.
#CryptoNewsFlash
"XRP Inverse Head-and-Shoulders Targets 16% Move to $1.32"
#XRP has formed an inverse head-and-shoulders pattern on the daily chart, with its completion targeting a 16% move to $1.32.
The setup comes amidst the recent price rebound. Notably, from the lows of $1.05 on July 13, XRP has rebounded nearly 8% to its current price. Chart analysis shows that this move completed a bullish formation, one that could potentially take the coin to higher prices.
XRP Inverse H&S Pattern Formation
On the daily chart, XRP has formed an inverse head-and-shoulders (H&S) pattern. The formation follows a rejection from a key support area at $1.32 in early June.
Notably, this demand zone has held XRP since the February crypto market crash, with each price weakness halting there. However, bears forced matters on June 1 and eventually pushed XRP below the support.
The consequent dip to $1.05 on June 6 started the inverse H&S pattern. There, the coin formed the left shoulder before a short-term rebound. The pattern’s head formed during the drop to $1.009 on June 26. Buying pressure stepped in to prevent a decline below the psychological $1 price mark, with XRP subsequently recovering.
The right shoulder formation built on the inverse head-and-shoulders pattern. Following the drop to $1.05 again on July 13, XRP rebounded from the support area again, confirming the bullish structure.
An inverse head-and-shoulders pattern suggests that selling pressure is declining as prices stop making lower lows. It is usually a trend reversal formation, signaling the gradual transition from a downtrend to an uptrend.
Trendline Breakout Confirms Bullish Structure
The completion of the inverse H&S formation saw XRP break above a downward-sloping trendline that has capped recoveries since May. After the high of $1.36 on May 30, XRP has made lower highs, each aligning closely with this trendline.
However, this resistance gave way on July 21 when XRP rallied approximately 3% to complete the right shoulder. This breakout confirms that momentum is now with the bulls, and its sustenance opens the path to higher prices.
The key level to watch is $1.09. As long as XRP stays above this area, the breakout and the inverse H&S pattern remain intact. Meanwhile, the upward target for the bullish formation is reclaiming $1.32, representing a 16% increase from the current price of $1.13.
XRP Whales Extensively Accumulating
Another bullish development that could fuel a price uptrend is the growing dominance of XRP whales on exchange outflows. A recent report shows that whales accounted for 77.8% of all XRP withdrawals from centralized exchanges on July 22.
Whales have a reputation for holding longer than retail. As such, when large holders increasingly shift an asset away from exchanges, it has a lasting impact on available supply. It also signals accumulation, reinforcing confidence in XRP’s future trend among key market participants.
Futures data is also showing renewed derivative interest in XRP. Over the past 3 days, traders have opened more futures positions than they have closed, with the percentage net change showing a staggering 452% increase. Inflows stand at $1.10 billion and outflows at $1.04 billion, reflecting a net inflow of $59 million.
#CryptoNewsFlash
The setup comes amidst the recent price rebound. Notably, from the lows of $1.05 on July 13, XRP has rebounded nearly 8% to its current price. Chart analysis shows that this move completed a bullish formation, one that could potentially take the coin to higher prices.
XRP Inverse H&S Pattern Formation
On the daily chart, XRP has formed an inverse head-and-shoulders (H&S) pattern. The formation follows a rejection from a key support area at $1.32 in early June.
Notably, this demand zone has held XRP since the February crypto market crash, with each price weakness halting there. However, bears forced matters on June 1 and eventually pushed XRP below the support.
The consequent dip to $1.05 on June 6 started the inverse H&S pattern. There, the coin formed the left shoulder before a short-term rebound. The pattern’s head formed during the drop to $1.009 on June 26. Buying pressure stepped in to prevent a decline below the psychological $1 price mark, with XRP subsequently recovering.
The right shoulder formation built on the inverse head-and-shoulders pattern. Following the drop to $1.05 again on July 13, XRP rebounded from the support area again, confirming the bullish structure.
An inverse head-and-shoulders pattern suggests that selling pressure is declining as prices stop making lower lows. It is usually a trend reversal formation, signaling the gradual transition from a downtrend to an uptrend.
Trendline Breakout Confirms Bullish Structure
The completion of the inverse H&S formation saw XRP break above a downward-sloping trendline that has capped recoveries since May. After the high of $1.36 on May 30, XRP has made lower highs, each aligning closely with this trendline.
However, this resistance gave way on July 21 when XRP rallied approximately 3% to complete the right shoulder. This breakout confirms that momentum is now with the bulls, and its sustenance opens the path to higher prices.
The key level to watch is $1.09. As long as XRP stays above this area, the breakout and the inverse H&S pattern remain intact. Meanwhile, the upward target for the bullish formation is reclaiming $1.32, representing a 16% increase from the current price of $1.13.
XRP Whales Extensively Accumulating
Another bullish development that could fuel a price uptrend is the growing dominance of XRP whales on exchange outflows. A recent report shows that whales accounted for 77.8% of all XRP withdrawals from centralized exchanges on July 22.
Whales have a reputation for holding longer than retail. As such, when large holders increasingly shift an asset away from exchanges, it has a lasting impact on available supply. It also signals accumulation, reinforcing confidence in XRP’s future trend among key market participants.
Futures data is also showing renewed derivative interest in XRP. Over the past 3 days, traders have opened more futures positions than they have closed, with the percentage net change showing a staggering 452% increase. Inflows stand at $1.10 billion and outflows at $1.04 billion, reflecting a net inflow of $59 million.
#CryptoNewsFlash
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#XRP ecosystem has welcomed about $1 billion in tokenized asset-backed credit so far in 2026, already outpacing the total from the previous year.
This trend comes as the XRP Ledger (XRPL) continues to witness an increase in tokenized asset value this year amid the growing attention that has enveloped the narrative. For instance, BlackRock CEO Larry Fink argued in January that the tokenization of RWA is inevitable.
According to
http://RWA.xyz , a leading provider of tokenized RWA data, the tokenized asset-backed credit market has grown to a total value of $42.78 billion from just $9.35 billion at the beginning of last year, 2025. Essentially, the market has added over $33 billion in less than two years.
Notably, the XRP ecosystem currently boasts $1.5 billion worth of tokenized credit. This represents a 3.61% market share when considering total credit, and a 22% share in terms of represented credit value.
#Crypto
#XRP ecosystem has welcomed about $1 billion in tokenized asset-backed credit so far in 2026, already outpacing the total from the previous year.
This trend comes as the XRP Ledger (XRPL) continues to witness an increase in tokenized asset value this year amid the growing attention that has enveloped the narrative. For instance, BlackRock CEO Larry Fink argued in January that the tokenization of RWA is inevitable.
According to
http://RWA.xyz , a leading provider of tokenized RWA data, the tokenized asset-backed credit market has grown to a total value of $42.78 billion from just $9.35 billion at the beginning of last year, 2025. Essentially, the market has added over $33 billion in less than two years.
Notably, the XRP ecosystem currently boasts $1.5 billion worth of tokenized credit. This represents a 3.61% market share when considering total credit, and a 22% share in terms of represented credit value.
#Crypto
This trend comes as the XRP Ledger (XRPL) continues to witness an increase in tokenized asset value this year amid the growing attention that has enveloped the narrative. For instance, BlackRock CEO Larry Fink argued in January that the tokenization of RWA is inevitable.
According to
http://RWA.xyz , a leading provider of tokenized RWA data, the tokenized asset-backed credit market has grown to a total value of $42.78 billion from just $9.35 billion at the beginning of last year, 2025. Essentially, the market has added over $33 billion in less than two years.
Notably, the XRP ecosystem currently boasts $1.5 billion worth of tokenized credit. This represents a 3.61% market share when considering total credit, and a 22% share in terms of represented credit value.
#Crypto
1
122
Article
"Ethereum Builder Activity Jumps 192% as ETH Nears $2,000 Amid Rising Leverage"#Ethereum is showing stronger network activity despite a relatively modest price recovery.
A sharp increase in smart contract deployments is coinciding with rising exchange liquidity and leveraged trading, according to CryptoQuant analyst CryptoOnchain.
The report notes that ETH’s price has climbed from around $1,770 to $1,903 over the past two weeks. At the same time, several key on-chain metrics are strengthening together. This combination differs from the patterns typically seen during accumulation or distribution phases.
Smart Contract Deployments Surge
CryptoOnchain reported that new smart contract deployments are about 192% above their 90-day average. Deployments also rose 57% over the past week.
According to the analyst, this trend usually reflects renewed developer activity rather than speculative trading. It can include new protocol launches, contract redeployments, or testing ahead of product releases.
The increase suggests Ethereum’s ecosystem continues to expand even as price action remains uneven.
Stablecoin Inflows and Leverage Climb
Binance has also seen a sharp increase in stablecoin inflows. The report says net stablecoin flows are nearly 370% above their three-month average, with daily inflows topping $58 million.
CryptoOnchain said the inflows suggest capital is being positioned on the exchange instead of being deployed directly on-chain.
At the same time, Binance funding rates have climbed to roughly 220% above their 90-day average. Higher funding rates typically signal stronger demand for leveraged long positions.
This means spot liquidity and derivatives activity are expanding at the same time. This setup has historically been followed by periods of elevated two-way volatility rather than a sustained move in one direction.
Low Fees and Record Staking Tighten Supply
Despite stronger developer and trading activity, Ethereum’s base-layer transactions remain inexpensive. Median transaction fees are down more than 96% from levels seen three months ago.
Meanwhile, Ethereum staking has reached a record 33.58%. As more ETH is staked, less is available for trading. That could tighten the liquid supply.
CryptoOnchain said Ethereum is currently showing an unusual combination of rising builder activity, growing exchange liquidity, and elevated leverage. The analyst believes the next major move may depend on whether funding rates cool or whether price can build on its recent breakout attempt.
ETH Price Analysis
ETH traded around $1,921 at press time after recovering 8.5% from roughly $1,770 over the previous two weeks. Notably, ETH reached an intraday high of $1,945 for the first time since June, showing signs of a potential move toward reclaiming the $2,000 level.
The surge in smart contract deployments and record staking levels point to improving network fundamentals. Meanwhile, rising stablecoin inflows suggest that fresh capital is waiting on exchanges.
However, elevated funding rates also increase the risk of sharper price swings as leveraged positions continue to build. If buyers maintain momentum and spot demand absorbs the growing leverage, Ethereum could attempt a stronger breakout above recent highs.
#CryptoNewsCommunity
"Ethereum Builder Activity Jumps 192% as ETH Nears $2,000 Amid Rising Leverage"
#Ethereum is showing stronger network activity despite a relatively modest price recovery.
A sharp increase in smart contract deployments is coinciding with rising exchange liquidity and leveraged trading, according to CryptoQuant analyst CryptoOnchain.
The report notes that ETH’s price has climbed from around $1,770 to $1,903 over the past two weeks. At the same time, several key on-chain metrics are strengthening together. This combination differs from the patterns typically seen during accumulation or distribution phases.
Smart Contract Deployments Surge
CryptoOnchain reported that new smart contract deployments are about 192% above their 90-day average. Deployments also rose 57% over the past week.
According to the analyst, this trend usually reflects renewed developer activity rather than speculative trading. It can include new protocol launches, contract redeployments, or testing ahead of product releases.
The increase suggests Ethereum’s ecosystem continues to expand even as price action remains uneven.
Stablecoin Inflows and Leverage Climb
Binance has also seen a sharp increase in stablecoin inflows. The report says net stablecoin flows are nearly 370% above their three-month average, with daily inflows topping $58 million.
CryptoOnchain said the inflows suggest capital is being positioned on the exchange instead of being deployed directly on-chain.
At the same time, Binance funding rates have climbed to roughly 220% above their 90-day average. Higher funding rates typically signal stronger demand for leveraged long positions.
This means spot liquidity and derivatives activity are expanding at the same time. This setup has historically been followed by periods of elevated two-way volatility rather than a sustained move in one direction.
Low Fees and Record Staking Tighten Supply
Despite stronger developer and trading activity, Ethereum’s base-layer transactions remain inexpensive. Median transaction fees are down more than 96% from levels seen three months ago.
Meanwhile, Ethereum staking has reached a record 33.58%. As more ETH is staked, less is available for trading. That could tighten the liquid supply.
CryptoOnchain said Ethereum is currently showing an unusual combination of rising builder activity, growing exchange liquidity, and elevated leverage. The analyst believes the next major move may depend on whether funding rates cool or whether price can build on its recent breakout attempt.
ETH Price Analysis
ETH traded around $1,921 at press time after recovering 8.5% from roughly $1,770 over the previous two weeks. Notably, ETH reached an intraday high of $1,945 for the first time since June, showing signs of a potential move toward reclaiming the $2,000 level.
The surge in smart contract deployments and record staking levels point to improving network fundamentals. Meanwhile, rising stablecoin inflows suggest that fresh capital is waiting on exchanges.
However, elevated funding rates also increase the risk of sharper price swings as leveraged positions continue to build. If buyers maintain momentum and spot demand absorbs the growing leverage, Ethereum could attempt a stronger breakout above recent highs.
#CryptoNewsCommunity
A sharp increase in smart contract deployments is coinciding with rising exchange liquidity and leveraged trading, according to CryptoQuant analyst CryptoOnchain.
The report notes that ETH’s price has climbed from around $1,770 to $1,903 over the past two weeks. At the same time, several key on-chain metrics are strengthening together. This combination differs from the patterns typically seen during accumulation or distribution phases.
Smart Contract Deployments Surge
CryptoOnchain reported that new smart contract deployments are about 192% above their 90-day average. Deployments also rose 57% over the past week.
According to the analyst, this trend usually reflects renewed developer activity rather than speculative trading. It can include new protocol launches, contract redeployments, or testing ahead of product releases.
The increase suggests Ethereum’s ecosystem continues to expand even as price action remains uneven.
Stablecoin Inflows and Leverage Climb
Binance has also seen a sharp increase in stablecoin inflows. The report says net stablecoin flows are nearly 370% above their three-month average, with daily inflows topping $58 million.
CryptoOnchain said the inflows suggest capital is being positioned on the exchange instead of being deployed directly on-chain.
At the same time, Binance funding rates have climbed to roughly 220% above their 90-day average. Higher funding rates typically signal stronger demand for leveraged long positions.
This means spot liquidity and derivatives activity are expanding at the same time. This setup has historically been followed by periods of elevated two-way volatility rather than a sustained move in one direction.
Low Fees and Record Staking Tighten Supply
Despite stronger developer and trading activity, Ethereum’s base-layer transactions remain inexpensive. Median transaction fees are down more than 96% from levels seen three months ago.
Meanwhile, Ethereum staking has reached a record 33.58%. As more ETH is staked, less is available for trading. That could tighten the liquid supply.
CryptoOnchain said Ethereum is currently showing an unusual combination of rising builder activity, growing exchange liquidity, and elevated leverage. The analyst believes the next major move may depend on whether funding rates cool or whether price can build on its recent breakout attempt.
ETH Price Analysis
ETH traded around $1,921 at press time after recovering 8.5% from roughly $1,770 over the previous two weeks. Notably, ETH reached an intraday high of $1,945 for the first time since June, showing signs of a potential move toward reclaiming the $2,000 level.
The surge in smart contract deployments and record staking levels point to improving network fundamentals. Meanwhile, rising stablecoin inflows suggest that fresh capital is waiting on exchanges.
However, elevated funding rates also increase the risk of sharper price swings as leveraged positions continue to build. If buyers maintain momentum and spot demand absorbs the growing leverage, Ethereum could attempt a stronger breakout above recent highs.
#CryptoNewsCommunity
137
Partly True
Article
"Shiba Inu Nears Top 30 Crypto Ranking as Investors Withdraw 74 Billion SHIB"#Shiba Inu is closing in on a return to the top 30 cryptocurrencies after investors withdrew billions of SHIB tokens from centralized exchanges.
It has been more than two weeks since Shiba Inu dropped out of the top 30 amid prolonged weakness across the broader crypto market. The downturn pushed SHIB to 33rd place on CoinMarketCap’s rankings, raising concerns that the token could slip even further below the top 35.
However, SHIB has defied those expectations. The token has steadily recovered and now ranks as the world’s 31st-largest cryptocurrency, putting it within striking distance of re-entering the top 30.
At the time of writing, Shiba Inu trades at $0.000004230 with a market cap of approximately $2.49 billion. It trails Tether Gold (XAUt), which currently occupies the 30th position on CoinMarketCap, by only $20 million in market value.
Exchange Outflows Reduce Immediate Selling Pressure
Shiba Inu’s recent recovery coincides with significant exchange withdrawals, a trend that typically signals reduced selling pressure.
According to CryptoQuant data, investors withdrew 235.93 billion SHIB from centralized exchanges over the past 24 hours, while 161.74 billion SHIB flowed into trading platforms. As a result, the exchange netflow stood at -74.18 billion SHIB, indicating that approximately 74.18 billion tokens left exchanges during the period.
This negative net flow suggests that investors are moving SHIB into private wallets rather than keeping the tokens on exchanges for immediate sale, potentially easing short-term selling pressure. Despite these withdrawals, exchanges still hold approximately 86.2 trillion SHIB.
Technical Outlook Remains Mixed
Although SHIB has regained momentum and moved closer to the top 30 ranking, analysts remain divided on its short-term outlook.
Recent technical analysis suggests that Shiba Inu is mirroring its 2023 price structure. Based on that pattern, analysts believe SHIB could decline by at least 20% before staging a recovery toward the $0.0000055–$0.0000056 range.
Meanwhile, on-chain data continues to paint a cautious picture. Shibarium’s daily transaction count has fallen to just 661, reflecting weaker network activity. At the same time, the SHIB burn rate has dropped sharply, declining from a recent high of 13 million burned tokens to 2.42 million.
While strong exchange outflows have helped support Shiba Inu’s recent rebound, the token still faces notable headwinds. Weakening network activity and slowing token burns could limit the pace of any sustained recovery, even as SHIB edges closer to reclaiming a place among the top 30 cryptocurrencies by market capitalization.
#CryptoNewss
"Shiba Inu Nears Top 30 Crypto Ranking as Investors Withdraw 74 Billion SHIB"
#Shiba Inu is closing in on a return to the top 30 cryptocurrencies after investors withdrew billions of SHIB tokens from centralized exchanges.
It has been more than two weeks since Shiba Inu dropped out of the top 30 amid prolonged weakness across the broader crypto market. The downturn pushed SHIB to 33rd place on CoinMarketCap’s rankings, raising concerns that the token could slip even further below the top 35.
However, SHIB has defied those expectations. The token has steadily recovered and now ranks as the world’s 31st-largest cryptocurrency, putting it within striking distance of re-entering the top 30.
At the time of writing, Shiba Inu trades at $0.000004230 with a market cap of approximately $2.49 billion. It trails Tether Gold (XAUt), which currently occupies the 30th position on CoinMarketCap, by only $20 million in market value.
Exchange Outflows Reduce Immediate Selling Pressure
Shiba Inu’s recent recovery coincides with significant exchange withdrawals, a trend that typically signals reduced selling pressure.
According to CryptoQuant data, investors withdrew 235.93 billion SHIB from centralized exchanges over the past 24 hours, while 161.74 billion SHIB flowed into trading platforms. As a result, the exchange netflow stood at -74.18 billion SHIB, indicating that approximately 74.18 billion tokens left exchanges during the period.
This negative net flow suggests that investors are moving SHIB into private wallets rather than keeping the tokens on exchanges for immediate sale, potentially easing short-term selling pressure. Despite these withdrawals, exchanges still hold approximately 86.2 trillion SHIB.
Technical Outlook Remains Mixed
Although SHIB has regained momentum and moved closer to the top 30 ranking, analysts remain divided on its short-term outlook.
Recent technical analysis suggests that Shiba Inu is mirroring its 2023 price structure. Based on that pattern, analysts believe SHIB could decline by at least 20% before staging a recovery toward the $0.0000055–$0.0000056 range.
Meanwhile, on-chain data continues to paint a cautious picture. Shibarium’s daily transaction count has fallen to just 661, reflecting weaker network activity. At the same time, the SHIB burn rate has dropped sharply, declining from a recent high of 13 million burned tokens to 2.42 million.
While strong exchange outflows have helped support Shiba Inu’s recent rebound, the token still faces notable headwinds. Weakening network activity and slowing token burns could limit the pace of any sustained recovery, even as SHIB edges closer to reclaiming a place among the top 30 cryptocurrencies by market capitalization.
#CryptoNewss
It has been more than two weeks since Shiba Inu dropped out of the top 30 amid prolonged weakness across the broader crypto market. The downturn pushed SHIB to 33rd place on CoinMarketCap’s rankings, raising concerns that the token could slip even further below the top 35.
However, SHIB has defied those expectations. The token has steadily recovered and now ranks as the world’s 31st-largest cryptocurrency, putting it within striking distance of re-entering the top 30.
At the time of writing, Shiba Inu trades at $0.000004230 with a market cap of approximately $2.49 billion. It trails Tether Gold (XAUt), which currently occupies the 30th position on CoinMarketCap, by only $20 million in market value.
Exchange Outflows Reduce Immediate Selling Pressure
Shiba Inu’s recent recovery coincides with significant exchange withdrawals, a trend that typically signals reduced selling pressure.
According to CryptoQuant data, investors withdrew 235.93 billion SHIB from centralized exchanges over the past 24 hours, while 161.74 billion SHIB flowed into trading platforms. As a result, the exchange netflow stood at -74.18 billion SHIB, indicating that approximately 74.18 billion tokens left exchanges during the period.
This negative net flow suggests that investors are moving SHIB into private wallets rather than keeping the tokens on exchanges for immediate sale, potentially easing short-term selling pressure. Despite these withdrawals, exchanges still hold approximately 86.2 trillion SHIB.
Technical Outlook Remains Mixed
Although SHIB has regained momentum and moved closer to the top 30 ranking, analysts remain divided on its short-term outlook.
Recent technical analysis suggests that Shiba Inu is mirroring its 2023 price structure. Based on that pattern, analysts believe SHIB could decline by at least 20% before staging a recovery toward the $0.0000055–$0.0000056 range.
Meanwhile, on-chain data continues to paint a cautious picture. Shibarium’s daily transaction count has fallen to just 661, reflecting weaker network activity. At the same time, the SHIB burn rate has dropped sharply, declining from a recent high of 13 million burned tokens to 2.42 million.
While strong exchange outflows have helped support Shiba Inu’s recent rebound, the token still faces notable headwinds. Weakening network activity and slowing token burns could limit the pace of any sustained recovery, even as SHIB edges closer to reclaiming a place among the top 30 cryptocurrencies by market capitalization.
#CryptoNewss
300
Article
"XRP Whales Capture Record 77.8% of Exchange Outflows as Retail Activity Slumps"Large #XRP holders are accounting for an increasingly larger share of exchange outflows, according to new data from CryptoQuant.
The trend confirms whales are playing a much bigger role in moving XRP off centralized exchanges than retail investors.
Whale Share Reaches New High
Data from CryptoQuant contributor Amr Taha shows that whale outflow dominance across all centralized exchanges (CEXs) climbed to a record 77.8% on July 22. Retail investors accounted for just 22%, the lowest share on record.
The shift is notable compared with May 6. At that time, whales represented 63% of XRP outflows, while retail investors accounted for 36%.
Since then, whale dominance has risen by 14.8 percentage points, while retail participation has fallen by about 14 percentage points.
The data suggests that large holders are increasingly driving XRP outflows, while retail investors make up a shrinking share of activity.
Binance Shows the Same Pattern
The same trend is visible on Binance, the world’s largest cryptocurrency exchange by trading volume.
Whale outflow dominance on Binance reached 71% on July 22, up from 67% on May 3. Retail dominance fell to 28.7%, compared with 32% in early May.
Binance still has a slightly larger share of retail-driven outflows than the broader market. Even so, whale participation continues to grow.
Whale Activity Spreads Across Exchanges
Whale dominance across all centralized exchanges now stands 6.8 percentage points higher than on Binance. This suggests the shift is taking place across the broader market rather than on a single exchange.
The gap between whale and retail activity has also widened. Across all exchanges, whales exceed retail participants by 55.8 percentage points. On Binance, the gap is 42.3 percentage points.
The data shows that whales are responsible for a much larger share of XRP leaving exchanges. However, it does not reveal the total amount of XRP transferred, where the tokens were sent, or whether the transfers represent accumulation, custody moves, or preparations for future transactions.
What It Could Mean for XRP
The growing share of whale outflows may indicate that large holders are moving XRP into self-custody. That could reduce the supply immediately available on exchanges.
However, the data is not inherently bullish or bearish. If whale outflows continue while exchange balances decline, XRP could benefit from lower selling pressure and stronger price support. On the other hand, if those tokens later return to exchanges, they could signal renewed selling.
Notably, this observation comes as XRP’s price climbed to $1.16 over the past day for the first time since June. However, the momentum has quickly reversed as the market cools from the ongoing relief rally. XRP is now trading at $1.13, erasing all of its gains from the past 24 hours.
#CryptonewswithJack
"XRP Whales Capture Record 77.8% of Exchange Outflows as Retail Activity Slumps"
Large #XRP holders are accounting for an increasingly larger share of exchange outflows, according to new data from CryptoQuant.
The trend confirms whales are playing a much bigger role in moving XRP off centralized exchanges than retail investors.
Whale Share Reaches New High
Data from CryptoQuant contributor Amr Taha shows that whale outflow dominance across all centralized exchanges (CEXs) climbed to a record 77.8% on July 22. Retail investors accounted for just 22%, the lowest share on record.
The shift is notable compared with May 6. At that time, whales represented 63% of XRP outflows, while retail investors accounted for 36%.
Since then, whale dominance has risen by 14.8 percentage points, while retail participation has fallen by about 14 percentage points.
The data suggests that large holders are increasingly driving XRP outflows, while retail investors make up a shrinking share of activity.
Binance Shows the Same Pattern
The same trend is visible on Binance, the world’s largest cryptocurrency exchange by trading volume.
Whale outflow dominance on Binance reached 71% on July 22, up from 67% on May 3. Retail dominance fell to 28.7%, compared with 32% in early May.
Binance still has a slightly larger share of retail-driven outflows than the broader market. Even so, whale participation continues to grow.
Whale Activity Spreads Across Exchanges
Whale dominance across all centralized exchanges now stands 6.8 percentage points higher than on Binance. This suggests the shift is taking place across the broader market rather than on a single exchange.
The gap between whale and retail activity has also widened. Across all exchanges, whales exceed retail participants by 55.8 percentage points. On Binance, the gap is 42.3 percentage points.
The data shows that whales are responsible for a much larger share of XRP leaving exchanges. However, it does not reveal the total amount of XRP transferred, where the tokens were sent, or whether the transfers represent accumulation, custody moves, or preparations for future transactions.
What It Could Mean for XRP
The growing share of whale outflows may indicate that large holders are moving XRP into self-custody. That could reduce the supply immediately available on exchanges.
However, the data is not inherently bullish or bearish. If whale outflows continue while exchange balances decline, XRP could benefit from lower selling pressure and stronger price support. On the other hand, if those tokens later return to exchanges, they could signal renewed selling.
Notably, this observation comes as XRP’s price climbed to $1.16 over the past day for the first time since June. However, the momentum has quickly reversed as the market cools from the ongoing relief rally. XRP is now trading at $1.13, erasing all of its gains from the past 24 hours.
#CryptonewswithJack
The trend confirms whales are playing a much bigger role in moving XRP off centralized exchanges than retail investors.
Whale Share Reaches New High
Data from CryptoQuant contributor Amr Taha shows that whale outflow dominance across all centralized exchanges (CEXs) climbed to a record 77.8% on July 22. Retail investors accounted for just 22%, the lowest share on record.
The shift is notable compared with May 6. At that time, whales represented 63% of XRP outflows, while retail investors accounted for 36%.
Since then, whale dominance has risen by 14.8 percentage points, while retail participation has fallen by about 14 percentage points.
The data suggests that large holders are increasingly driving XRP outflows, while retail investors make up a shrinking share of activity.
Binance Shows the Same Pattern
The same trend is visible on Binance, the world’s largest cryptocurrency exchange by trading volume.
Whale outflow dominance on Binance reached 71% on July 22, up from 67% on May 3. Retail dominance fell to 28.7%, compared with 32% in early May.
Binance still has a slightly larger share of retail-driven outflows than the broader market. Even so, whale participation continues to grow.
Whale Activity Spreads Across Exchanges
Whale dominance across all centralized exchanges now stands 6.8 percentage points higher than on Binance. This suggests the shift is taking place across the broader market rather than on a single exchange.
The gap between whale and retail activity has also widened. Across all exchanges, whales exceed retail participants by 55.8 percentage points. On Binance, the gap is 42.3 percentage points.
The data shows that whales are responsible for a much larger share of XRP leaving exchanges. However, it does not reveal the total amount of XRP transferred, where the tokens were sent, or whether the transfers represent accumulation, custody moves, or preparations for future transactions.
What It Could Mean for XRP
The growing share of whale outflows may indicate that large holders are moving XRP into self-custody. That could reduce the supply immediately available on exchanges.
However, the data is not inherently bullish or bearish. If whale outflows continue while exchange balances decline, XRP could benefit from lower selling pressure and stronger price support. On the other hand, if those tokens later return to exchanges, they could signal renewed selling.
Notably, this observation comes as XRP’s price climbed to $1.16 over the past day for the first time since June. However, the momentum has quickly reversed as the market cools from the ongoing relief rally. XRP is now trading at $1.13, erasing all of its gains from the past 24 hours.
#CryptonewswithJack
207
Popular meme-coin collateral platform Purinta has confirmed it will soon launch a dedicated #ShibaInu market.
Once the feature goes live, users will be able to use their Shiba Inu holdings as collateral to borrow funds without selling their tokens. Announcing the development on X, Purinta stated:
“SHIB market coming soon to Purinta. Deposit, borrow, [and] keep your exposure.”
The announcement also featured a promotional banner reading, “Borrow Against
SHIB. Coming Soon to Purinta,” indicating that the feature is currently under development.
#Crypto
Popular meme-coin collateral platform Purinta has confirmed it will soon launch a dedicated #ShibaInu market.
Once the feature goes live, users will be able to use their Shiba Inu holdings as collateral to borrow funds without selling their tokens. Announcing the development on X, Purinta stated:
“SHIB market coming soon to Purinta. Deposit, borrow, [and] keep your exposure.”
The announcement also featured a promotional banner reading, “Borrow Against
SHIB. Coming Soon to Purinta,” indicating that the feature is currently under development.
#Crypto
Once the feature goes live, users will be able to use their Shiba Inu holdings as collateral to borrow funds without selling their tokens. Announcing the development on X, Purinta stated:
“SHIB market coming soon to Purinta. Deposit, borrow, [and] keep your exposure.”
The announcement also featured a promotional banner reading, “Borrow Against
SHIB. Coming Soon to Purinta,” indicating that the feature is currently under development.
#Crypto
1
235
Article
"Shiba Inu Price Risks 20% Drop as 2023 SHIB Bearish Pattern Resurfaces"#Shiba Inu is showing renewed signs of weakness as its current price action closely resembles a bearish setup that unfolded in 2023.
According to analysts, Shiba Inu’s recent market structure shares a 91.2% similarity with the price pattern recorded between April and June 2023, increasing the possibility of another downside move before any meaningful recovery.
For context, SHIB has remained in a prolonged downturn since losing the critical $0.00000628 support level in May 2026. Following that rejection, SHIB has continued to print lower highs and lower lows, confirming that sellers remain firmly in control of the market.
Price Action Suggests More Downside
As the bearish momentum persists, SHIB has fallen below $0.0000042 and is now trading around $0.00000415, close to the lower boundary of its recent consolidation range.
Notably, this price structure closely mirrors SHIB’s performance between April and June 2023. During that period, the token traded sideways for several weeks before breaking lower and eventually establishing a local bottom. The current setup suggests that a similar sequence may be unfolding once again.
Based on the projected historical pattern, analysts expect SHIB could decline toward the $0.0000032–$0.0000033 support zone through late July and into August 2026. From the current price of $0.00000415, such a move would represent a decline of roughly 20%.
Recovery Remains Possible After Support Test
Despite the bearish outlook, the projected pattern also indicates that SHIB could stage a rebound after testing the expected support area.
If buyers step back into the market and overall sentiment improves, Shiba Inu could recover toward the $0.0000038–$0.0000040 range. However, a stronger bullish reversal would require SHIB to reclaim key resistance levels.
Specifically, the token would need to break above the $0.0000044–$0.0000045 resistance zone before targeting the more significant $0.0000055–$0.0000056 area.
Historical Pattern Is a Guide, Not a Guarantee
If the historical comparison continues to play out, SHIB could establish another local low before beginning a more sustained recovery. However, while the 91.2% pattern match highlights a credible short-term bearish scenario, it does not guarantee that the token will follow its 2023 trajectory exactly.
At the time of writing, Shiba Inu has posted a modest 3.23% gain over the past 24 hours and 3.69% over the past week. Trading activity has also picked up, with SHIB’s 24-hour trading volume rising 7.58% to $55.46 million. Despite the recent recovery, however, Shiba Inu remains outside the top 30 largest cryptocurrencies by market cap. The token currently ranks 32nd globally, with a market capitalization of approximately $2.46 billion.
#CryptoNewsCommunity
"Shiba Inu Price Risks 20% Drop as 2023 SHIB Bearish Pattern Resurfaces"
#Shiba Inu is showing renewed signs of weakness as its current price action closely resembles a bearish setup that unfolded in 2023.
According to analysts, Shiba Inu’s recent market structure shares a 91.2% similarity with the price pattern recorded between April and June 2023, increasing the possibility of another downside move before any meaningful recovery.
For context, SHIB has remained in a prolonged downturn since losing the critical $0.00000628 support level in May 2026. Following that rejection, SHIB has continued to print lower highs and lower lows, confirming that sellers remain firmly in control of the market.
Price Action Suggests More Downside
As the bearish momentum persists, SHIB has fallen below $0.0000042 and is now trading around $0.00000415, close to the lower boundary of its recent consolidation range.
Notably, this price structure closely mirrors SHIB’s performance between April and June 2023. During that period, the token traded sideways for several weeks before breaking lower and eventually establishing a local bottom. The current setup suggests that a similar sequence may be unfolding once again.
Based on the projected historical pattern, analysts expect SHIB could decline toward the $0.0000032–$0.0000033 support zone through late July and into August 2026. From the current price of $0.00000415, such a move would represent a decline of roughly 20%.
Recovery Remains Possible After Support Test
Despite the bearish outlook, the projected pattern also indicates that SHIB could stage a rebound after testing the expected support area.
If buyers step back into the market and overall sentiment improves, Shiba Inu could recover toward the $0.0000038–$0.0000040 range. However, a stronger bullish reversal would require SHIB to reclaim key resistance levels.
Specifically, the token would need to break above the $0.0000044–$0.0000045 resistance zone before targeting the more significant $0.0000055–$0.0000056 area.
Historical Pattern Is a Guide, Not a Guarantee
If the historical comparison continues to play out, SHIB could establish another local low before beginning a more sustained recovery. However, while the 91.2% pattern match highlights a credible short-term bearish scenario, it does not guarantee that the token will follow its 2023 trajectory exactly.
At the time of writing, Shiba Inu has posted a modest 3.23% gain over the past 24 hours and 3.69% over the past week. Trading activity has also picked up, with SHIB’s 24-hour trading volume rising 7.58% to $55.46 million. Despite the recent recovery, however, Shiba Inu remains outside the top 30 largest cryptocurrencies by market cap. The token currently ranks 32nd globally, with a market capitalization of approximately $2.46 billion.
#CryptoNewsCommunity
According to analysts, Shiba Inu’s recent market structure shares a 91.2% similarity with the price pattern recorded between April and June 2023, increasing the possibility of another downside move before any meaningful recovery.
For context, SHIB has remained in a prolonged downturn since losing the critical $0.00000628 support level in May 2026. Following that rejection, SHIB has continued to print lower highs and lower lows, confirming that sellers remain firmly in control of the market.
Price Action Suggests More Downside
As the bearish momentum persists, SHIB has fallen below $0.0000042 and is now trading around $0.00000415, close to the lower boundary of its recent consolidation range.
Notably, this price structure closely mirrors SHIB’s performance between April and June 2023. During that period, the token traded sideways for several weeks before breaking lower and eventually establishing a local bottom. The current setup suggests that a similar sequence may be unfolding once again.
Based on the projected historical pattern, analysts expect SHIB could decline toward the $0.0000032–$0.0000033 support zone through late July and into August 2026. From the current price of $0.00000415, such a move would represent a decline of roughly 20%.
Recovery Remains Possible After Support Test
Despite the bearish outlook, the projected pattern also indicates that SHIB could stage a rebound after testing the expected support area.
If buyers step back into the market and overall sentiment improves, Shiba Inu could recover toward the $0.0000038–$0.0000040 range. However, a stronger bullish reversal would require SHIB to reclaim key resistance levels.
Specifically, the token would need to break above the $0.0000044–$0.0000045 resistance zone before targeting the more significant $0.0000055–$0.0000056 area.
Historical Pattern Is a Guide, Not a Guarantee
If the historical comparison continues to play out, SHIB could establish another local low before beginning a more sustained recovery. However, while the 91.2% pattern match highlights a credible short-term bearish scenario, it does not guarantee that the token will follow its 2023 trajectory exactly.
At the time of writing, Shiba Inu has posted a modest 3.23% gain over the past 24 hours and 3.69% over the past week. Trading activity has also picked up, with SHIB’s 24-hour trading volume rising 7.58% to $55.46 million. Despite the recent recovery, however, Shiba Inu remains outside the top 30 largest cryptocurrencies by market cap. The token currently ranks 32nd globally, with a market capitalization of approximately $2.46 billion.
#CryptoNewsCommunity
197
Article
"Crypto Banter Predicts When Cardano Would Break Out to $0.60"A recent analysis has identified that #Cardano is trending within a descending wedge, and a breakout could take the altcoin to $0.60.
Specifically, Crypto Banter’s Sheldon shared this Cardano (ADA) price analysis in a recent YouTube livestream. The analysis projected when ADA could break out of its current descending wedge to target higher prices.
Cardano In a Descending Wedge
Sheldon analyzed the 1-week ADA/USDT chart and highlighted the asset’s trend within a “very good” descending wedge. The structure’s lower support began forming from the October 10 crash low of $0.27. Meanwhile, the upper resistance started to take shape after the early December high of $0.48.
Cardano has persistently slid lower within this wedge, shuffling between the descending upper and lower boundaries. Notably, the lower support provided a strong cushion during its recent multi-year level retest. For context, ADA dropped to 2020 lows of $0.138 in June as bearish pressure intensified.
However, the wedge’s support stood strong again, sparking a 27% rebound to its current price at $0.175. Currently, the altcoin is nearing the upper resistance of the multi-month wedge.
Cardano Breakout Targets $0.5-$0.6
Notably, Sheldon highlighted $0.20 as a key level to watch if the recent resurgence persists. According to him, reclaiming and trading above this region is key. Notably, it confirms a breakout from the current wedge. From here, reclaiming levels above $0.20 requires at least a 14% increase from the current market price.
When this does happen, the analyst predicted a nice move towards the $0.50-$0.60 region, representing a 186% to 243% growth from the current price. The target aligns with price levels last seen in November 2025.
Sheldon went a step further to predict when this breakout could occur. Although ADA seems to be regaining bullish momentum, he sees the descending wedge trapping the altcoin until around September this year. This aligns with the strengthening narrative that the broader crypto market would start to sustainably recover in the last quarter of 2026.
Meanwhile, Sheldon sees the current Cardano price level appealing. He noted that it is a “good trade coming on Cardano,” particularly if it starts to move towards $0.20.
Short-Term ADA Target Is $0.25
In a separate analysis, Cardano SPO Ssebi identified an inverse head-and-shoulders pattern on the daily timeframe. The left shoulder formed at the June 6 low of $0.148, the head at $0.138 on June 25, and the right shoulder at $0.155 on July 13.
According to the analyst, the target for this setup is $0.25, representing a 43% increase from the current market price.
Notably, the bullish development hinges on Cardano continuing to trend upward and avoiding a break below levels around the right shoulder. This means that a daily close below $0.155 could invalidate this pattern.
#CryptonewswithJack
"Crypto Banter Predicts When Cardano Would Break Out to $0.60"
A recent analysis has identified that #Cardano is trending within a descending wedge, and a breakout could take the altcoin to $0.60.
Specifically, Crypto Banter’s Sheldon shared this Cardano (ADA) price analysis in a recent YouTube livestream. The analysis projected when ADA could break out of its current descending wedge to target higher prices.
Cardano In a Descending Wedge
Sheldon analyzed the 1-week ADA/USDT chart and highlighted the asset’s trend within a “very good” descending wedge. The structure’s lower support began forming from the October 10 crash low of $0.27. Meanwhile, the upper resistance started to take shape after the early December high of $0.48.
Cardano has persistently slid lower within this wedge, shuffling between the descending upper and lower boundaries. Notably, the lower support provided a strong cushion during its recent multi-year level retest. For context, ADA dropped to 2020 lows of $0.138 in June as bearish pressure intensified.
However, the wedge’s support stood strong again, sparking a 27% rebound to its current price at $0.175. Currently, the altcoin is nearing the upper resistance of the multi-month wedge.
Cardano Breakout Targets $0.5-$0.6
Notably, Sheldon highlighted $0.20 as a key level to watch if the recent resurgence persists. According to him, reclaiming and trading above this region is key. Notably, it confirms a breakout from the current wedge. From here, reclaiming levels above $0.20 requires at least a 14% increase from the current market price.
When this does happen, the analyst predicted a nice move towards the $0.50-$0.60 region, representing a 186% to 243% growth from the current price. The target aligns with price levels last seen in November 2025.
Sheldon went a step further to predict when this breakout could occur. Although ADA seems to be regaining bullish momentum, he sees the descending wedge trapping the altcoin until around September this year. This aligns with the strengthening narrative that the broader crypto market would start to sustainably recover in the last quarter of 2026.
Meanwhile, Sheldon sees the current Cardano price level appealing. He noted that it is a “good trade coming on Cardano,” particularly if it starts to move towards $0.20.
Short-Term ADA Target Is $0.25
In a separate analysis, Cardano SPO Ssebi identified an inverse head-and-shoulders pattern on the daily timeframe. The left shoulder formed at the June 6 low of $0.148, the head at $0.138 on June 25, and the right shoulder at $0.155 on July 13.
According to the analyst, the target for this setup is $0.25, representing a 43% increase from the current market price.
Notably, the bullish development hinges on Cardano continuing to trend upward and avoiding a break below levels around the right shoulder. This means that a daily close below $0.155 could invalidate this pattern.
#CryptonewswithJack
Specifically, Crypto Banter’s Sheldon shared this Cardano (ADA) price analysis in a recent YouTube livestream. The analysis projected when ADA could break out of its current descending wedge to target higher prices.
Cardano In a Descending Wedge
Sheldon analyzed the 1-week ADA/USDT chart and highlighted the asset’s trend within a “very good” descending wedge. The structure’s lower support began forming from the October 10 crash low of $0.27. Meanwhile, the upper resistance started to take shape after the early December high of $0.48.
Cardano has persistently slid lower within this wedge, shuffling between the descending upper and lower boundaries. Notably, the lower support provided a strong cushion during its recent multi-year level retest. For context, ADA dropped to 2020 lows of $0.138 in June as bearish pressure intensified.
However, the wedge’s support stood strong again, sparking a 27% rebound to its current price at $0.175. Currently, the altcoin is nearing the upper resistance of the multi-month wedge.
Cardano Breakout Targets $0.5-$0.6
Notably, Sheldon highlighted $0.20 as a key level to watch if the recent resurgence persists. According to him, reclaiming and trading above this region is key. Notably, it confirms a breakout from the current wedge. From here, reclaiming levels above $0.20 requires at least a 14% increase from the current market price.
When this does happen, the analyst predicted a nice move towards the $0.50-$0.60 region, representing a 186% to 243% growth from the current price. The target aligns with price levels last seen in November 2025.
Sheldon went a step further to predict when this breakout could occur. Although ADA seems to be regaining bullish momentum, he sees the descending wedge trapping the altcoin until around September this year. This aligns with the strengthening narrative that the broader crypto market would start to sustainably recover in the last quarter of 2026.
Meanwhile, Sheldon sees the current Cardano price level appealing. He noted that it is a “good trade coming on Cardano,” particularly if it starts to move towards $0.20.
Short-Term ADA Target Is $0.25
In a separate analysis, Cardano SPO Ssebi identified an inverse head-and-shoulders pattern on the daily timeframe. The left shoulder formed at the June 6 low of $0.148, the head at $0.138 on June 25, and the right shoulder at $0.155 on July 13.
According to the analyst, the target for this setup is $0.25, representing a 43% increase from the current market price.
Notably, the bullish development hinges on Cardano continuing to trend upward and avoiding a break below levels around the right shoulder. This means that a daily close below $0.155 could invalidate this pattern.
#CryptonewswithJack
205
Article
"What Next as XRP Tests Key Resistance After Ichimoku Cloud Breakout?"#XRP has reached an important resistance level after breaking above the Ichimoku Cloud on the one-hour chart amid a recent rebound push.
The breakout has improved the token’s short-term outlook, but buyers still need to push through key resistance levels before they can confirm that the recovery has more room to continue.
XRP Recovers but Meets Strong Resistance
XRP bounced back sharply after dropping to a recent swing low of $1.0826. The recovery carried the token above the Ichimoku Cloud before it met resistance around $1.13.
At the time of writing, XRP trades at $1.1311, down 0.24% over the past day. Amid this slight decline, it remains to be seen if buyers can build on the breakout or whether sellers will stop the rally.
The latest move has strengthened the short-term picture, but the broader trend still points lower. Because of that, traders have yet to treat this recovery as confirmation of a full trend reversal. The next price moves will likely show whether XRP can extend its gains or return to its earlier downtrend.
Ichimoku Cloud Shows Buyers Have the Edge
The Ichimoku indicator suggests buyers have gained control in the short term. XRP now trades above both the Tenkan-sen at $1.1240 and the Kijun-sen at $1.1114, and this shows growing buying strength. As long as the price stays above these lines, buyers keep the advantage.
However, the breakout still faces an important test. Senkou Span A sits at $1.1311, matching the current price and acting as immediate resistance.
Meanwhile, Senkou Span B stands at $1.1177, creating a key zone between $1.1177 and $1.1311. If XRP remains above this area, the breakout stays intact, and the short-term outlook remains positive.
A move back inside the cloud would weaken the current setup and increase the chances of another pullback. At the same time, the Chikou Span has not yet moved above the price levels from 26 periods ago. Until that happens, the Ichimoku signal remains positive but still lacks full confirmation.
XRP Fibonacci Levels
Elsewhere, XRP’s Fibonacci extension reveals areas traders should watch next. The nearest support levels sit at $1.1251, which marks the 0.786 retracement, and $1.1158 at the 0.618 retracement. If XRP pulls back, these levels could help slow the decline.
If selling pressure increases, the next support comes in at $1.1002 near the 0.33 retracement. This level also sits close to the Kijun-sen, which makes it an important area that could help determine whether the recent recovery remains in place.
On the upside, XRP first needs to break above the 0.888 Fibonacci level at $1.1307, which aligns with the upper edge of the Ichimoku Cloud.
A successful move above this level would bring the 1.0 extension at $1.1369 into focus. If buyers keep the momentum going, they could then target the 1.272 extension at $1.1522, followed by the 1.414 extension at $1.1602.
Even so, the resistance zone between $1.13 and $1.16 could slow the rally. Buyers will likely face fresh selling pressure throughout this range. Breaking above each level would strengthen the recovery, while rejection could send XRP back toward its nearby support levels.
XRP Momentum Slowing Down
Although XRP has recovered slightly, the Directional Movement Index suggests buying strength has started to fade. The Average Directional Index (ADX) stands at 33.6457, showing that the market still has a strong trend instead of moving sideways.
However, the positive directional indicator (+DI), which measures buying pressure, has fallen from 37 to 29.3752 over the past few hours. This drop suggests buyers have lost some momentum even though the price has held near its recent highs.
Meanwhile, the negative directional indicator (-DI) has also declined to 11.5424, showing that sellers have not yet taken control.
This leaves the market in a balanced position. Buyers still have the advantage because the +DI remains above the -DI. However, if buying pressure continues to weaken while the ADX stays high, XRP could pull back toward the support area between $1.1158 and $1.1177.
#CryptoNewss
"What Next as XRP Tests Key Resistance After Ichimoku Cloud Breakout?"
#XRP has reached an important resistance level after breaking above the Ichimoku Cloud on the one-hour chart amid a recent rebound push.
The breakout has improved the token’s short-term outlook, but buyers still need to push through key resistance levels before they can confirm that the recovery has more room to continue.
XRP Recovers but Meets Strong Resistance
XRP bounced back sharply after dropping to a recent swing low of $1.0826. The recovery carried the token above the Ichimoku Cloud before it met resistance around $1.13.
At the time of writing, XRP trades at $1.1311, down 0.24% over the past day. Amid this slight decline, it remains to be seen if buyers can build on the breakout or whether sellers will stop the rally.
The latest move has strengthened the short-term picture, but the broader trend still points lower. Because of that, traders have yet to treat this recovery as confirmation of a full trend reversal. The next price moves will likely show whether XRP can extend its gains or return to its earlier downtrend.
Ichimoku Cloud Shows Buyers Have the Edge
The Ichimoku indicator suggests buyers have gained control in the short term. XRP now trades above both the Tenkan-sen at $1.1240 and the Kijun-sen at $1.1114, and this shows growing buying strength. As long as the price stays above these lines, buyers keep the advantage.
However, the breakout still faces an important test. Senkou Span A sits at $1.1311, matching the current price and acting as immediate resistance.
Meanwhile, Senkou Span B stands at $1.1177, creating a key zone between $1.1177 and $1.1311. If XRP remains above this area, the breakout stays intact, and the short-term outlook remains positive.
A move back inside the cloud would weaken the current setup and increase the chances of another pullback. At the same time, the Chikou Span has not yet moved above the price levels from 26 periods ago. Until that happens, the Ichimoku signal remains positive but still lacks full confirmation.
XRP Fibonacci Levels
Elsewhere, XRP’s Fibonacci extension reveals areas traders should watch next. The nearest support levels sit at $1.1251, which marks the 0.786 retracement, and $1.1158 at the 0.618 retracement. If XRP pulls back, these levels could help slow the decline.
If selling pressure increases, the next support comes in at $1.1002 near the 0.33 retracement. This level also sits close to the Kijun-sen, which makes it an important area that could help determine whether the recent recovery remains in place.
On the upside, XRP first needs to break above the 0.888 Fibonacci level at $1.1307, which aligns with the upper edge of the Ichimoku Cloud.
A successful move above this level would bring the 1.0 extension at $1.1369 into focus. If buyers keep the momentum going, they could then target the 1.272 extension at $1.1522, followed by the 1.414 extension at $1.1602.
Even so, the resistance zone between $1.13 and $1.16 could slow the rally. Buyers will likely face fresh selling pressure throughout this range. Breaking above each level would strengthen the recovery, while rejection could send XRP back toward its nearby support levels.
XRP Momentum Slowing Down
Although XRP has recovered slightly, the Directional Movement Index suggests buying strength has started to fade. The Average Directional Index (ADX) stands at 33.6457, showing that the market still has a strong trend instead of moving sideways.
However, the positive directional indicator (+DI), which measures buying pressure, has fallen from 37 to 29.3752 over the past few hours. This drop suggests buyers have lost some momentum even though the price has held near its recent highs.
Meanwhile, the negative directional indicator (-DI) has also declined to 11.5424, showing that sellers have not yet taken control.
This leaves the market in a balanced position. Buyers still have the advantage because the +DI remains above the -DI. However, if buying pressure continues to weaken while the ADX stays high, XRP could pull back toward the support area between $1.1158 and $1.1177.
#CryptoNewss
The breakout has improved the token’s short-term outlook, but buyers still need to push through key resistance levels before they can confirm that the recovery has more room to continue.
XRP Recovers but Meets Strong Resistance
XRP bounced back sharply after dropping to a recent swing low of $1.0826. The recovery carried the token above the Ichimoku Cloud before it met resistance around $1.13.
At the time of writing, XRP trades at $1.1311, down 0.24% over the past day. Amid this slight decline, it remains to be seen if buyers can build on the breakout or whether sellers will stop the rally.
The latest move has strengthened the short-term picture, but the broader trend still points lower. Because of that, traders have yet to treat this recovery as confirmation of a full trend reversal. The next price moves will likely show whether XRP can extend its gains or return to its earlier downtrend.
Ichimoku Cloud Shows Buyers Have the Edge
The Ichimoku indicator suggests buyers have gained control in the short term. XRP now trades above both the Tenkan-sen at $1.1240 and the Kijun-sen at $1.1114, and this shows growing buying strength. As long as the price stays above these lines, buyers keep the advantage.
However, the breakout still faces an important test. Senkou Span A sits at $1.1311, matching the current price and acting as immediate resistance.
Meanwhile, Senkou Span B stands at $1.1177, creating a key zone between $1.1177 and $1.1311. If XRP remains above this area, the breakout stays intact, and the short-term outlook remains positive.
A move back inside the cloud would weaken the current setup and increase the chances of another pullback. At the same time, the Chikou Span has not yet moved above the price levels from 26 periods ago. Until that happens, the Ichimoku signal remains positive but still lacks full confirmation.
XRP Fibonacci Levels
Elsewhere, XRP’s Fibonacci extension reveals areas traders should watch next. The nearest support levels sit at $1.1251, which marks the 0.786 retracement, and $1.1158 at the 0.618 retracement. If XRP pulls back, these levels could help slow the decline.
If selling pressure increases, the next support comes in at $1.1002 near the 0.33 retracement. This level also sits close to the Kijun-sen, which makes it an important area that could help determine whether the recent recovery remains in place.
On the upside, XRP first needs to break above the 0.888 Fibonacci level at $1.1307, which aligns with the upper edge of the Ichimoku Cloud.
A successful move above this level would bring the 1.0 extension at $1.1369 into focus. If buyers keep the momentum going, they could then target the 1.272 extension at $1.1522, followed by the 1.414 extension at $1.1602.
Even so, the resistance zone between $1.13 and $1.16 could slow the rally. Buyers will likely face fresh selling pressure throughout this range. Breaking above each level would strengthen the recovery, while rejection could send XRP back toward its nearby support levels.
XRP Momentum Slowing Down
Although XRP has recovered slightly, the Directional Movement Index suggests buying strength has started to fade. The Average Directional Index (ADX) stands at 33.6457, showing that the market still has a strong trend instead of moving sideways.
However, the positive directional indicator (+DI), which measures buying pressure, has fallen from 37 to 29.3752 over the past few hours. This drop suggests buyers have lost some momentum even though the price has held near its recent highs.
Meanwhile, the negative directional indicator (-DI) has also declined to 11.5424, showing that sellers have not yet taken control.
This leaves the market in a balanced position. Buyers still have the advantage because the +DI remains above the -DI. However, if buying pressure continues to weaken while the ADX stays high, XRP could pull back toward the support area between $1.1158 and $1.1177.
#CryptoNewss
180
#Bitcoin saw a broad wave of exchange outflows on July 20, with nearly $686 million worth of BTC leaving major trading platforms.
CryptoQuant contributor Amr Taha highlighted this record in a recent commentary.
Taha said Binance recorded roughly $570 million in net Bitcoin outflows on July 20. It was the exchange’s largest daily negative netflow in about three months.
Meanwhile, the trend wasn’t limited to Binance. Bybit recorded about $65 million in net outflows, while Coinbase saw roughly $48 million leave the platform. HTX posted nearly $3 million in outflows.
Together, the four exchanges recorded around $686 million in Bitcoin withdrawals. According to Taha, the synchronized outflows suggest investors were moving Bitcoin off exchanges on a broad scale rather than reacting to a platform-specific event.
#Crypto
#Bitcoin saw a broad wave of exchange outflows on July 20, with nearly $686 million worth of BTC leaving major trading platforms.
CryptoQuant contributor Amr Taha highlighted this record in a recent commentary.
Taha said Binance recorded roughly $570 million in net Bitcoin outflows on July 20. It was the exchange’s largest daily negative netflow in about three months.
Meanwhile, the trend wasn’t limited to Binance. Bybit recorded about $65 million in net outflows, while Coinbase saw roughly $48 million leave the platform. HTX posted nearly $3 million in outflows.
Together, the four exchanges recorded around $686 million in Bitcoin withdrawals. According to Taha, the synchronized outflows suggest investors were moving Bitcoin off exchanges on a broad scale rather than reacting to a platform-specific event.
#Crypto
CryptoQuant contributor Amr Taha highlighted this record in a recent commentary.
Taha said Binance recorded roughly $570 million in net Bitcoin outflows on July 20. It was the exchange’s largest daily negative netflow in about three months.
Meanwhile, the trend wasn’t limited to Binance. Bybit recorded about $65 million in net outflows, while Coinbase saw roughly $48 million leave the platform. HTX posted nearly $3 million in outflows.
Together, the four exchanges recorded around $686 million in Bitcoin withdrawals. According to Taha, the synchronized outflows suggest investors were moving Bitcoin off exchanges on a broad scale rather than reacting to a platform-specific event.
#Crypto
121
Article
"Bitcoin Spot Demand Slides Toward -170K BTC: Is a Massive Bitcoin Dip Ahead?"#Bitcoin spot demand has weakened sharply even as its price has remained relatively stable in recent weeks.
According to CryptoQuant, this divergence could leave the market vulnerable if selling pressure returns. CryptoQuant contributor ScenarioX noted that Bitcoin’s 30-day Spot Demand recovered to around -80,000 BTC in early July.
However, it later fell back to nearly -170,000 BTC, signaling a renewed slowdown in spot buying activity.
BTC Spot Demand Weakens as Price Holds Steady
According to the analyst, Bitcoin’s recent resilience has not been driven by stronger spot demand. Instead, price stability has largely been supported by easing short-term selling pressure and short covering in the derivatives market.
ScenarioX argued that derivatives activity has helped prevent a deeper decline. However, futures-driven demand alone is not enough to sustain a long-term bullish trend.
As a result, Bitcoin remains in a “structurally fragile” state, the analyst said. Without meaningful spot buying, the market could face a sharp downside move if spot investors begin selling again.
Recovery Could Face Liquidation Risk
Meanwhile, ScenarioX said the momentum in derivatives could continue supporting a short-term rebound as long as spot selling remains limited.
However, the analyst warned that rallies driven mainly by leveraged positions are often unstable. Without stronger spot demand, the current recovery may culminate in a large long liquidation, forcing bullish traders to close positions as prices fall.
The report highlights a growing gap between Bitcoin’s stable price action and weakening underlying demand. It suggests the market may be less resilient than it appears.
Bitcoin Continues Sideways Movement
According to CoinMarketCap data, Bitcoin was trading at $63,941 at the time of writing. The cryptocurrency was down 1.2% over the past 24 hours but remained up 1.91% over the previous seven days.
Bitcoin has gained just 0.41% over the past month, reflecting an extended period of sideways trading. It remains down 27% year-to-date.
ETF Flows Paint a Mixed Picture
Analytics platform Santiment recently noted that U.S. spot Bitcoin ETFs recorded $264.4 million in net inflows over the past two weeks as Bitcoin reclaimed the $64,000 level. This ended a prolonged period of outflows in May and June.
Fidelity’s FBTC led the early July rebound with roughly $166 million in inflows, while ARKB attracted about $91.8 million. BlackRock’s IBIT also returned to positive territory, contributing $138.9 million during a session that saw $181.1 million of total Bitcoin ETF inflows.
Santiment attributed the renewed interest to softer U.S. inflation data, improving expectations for Federal Reserve policy, and optimism around crypto regulation.
However, CryptoQuant contributor IT Tech argued that the recent recovery should be viewed in the context of the broader trend.
While spot Bitcoin ETFs accumulated more than 500,000 BTC in net inflows during 2024 and around 250,000 BTC at their 2025 peak, the analyst noted that 2026 has so far recorded roughly 120,000 BTC in cumulative net outflows.
According to the analyst, if ETF demand was a major driver of Bitcoin’s previous rally, the persistent net outflows this year remain a headwind unless other sources of capital replace that demand.
#CryptoNewsFlash
"Bitcoin Spot Demand Slides Toward -170K BTC: Is a Massive Bitcoin Dip Ahead?"
#Bitcoin spot demand has weakened sharply even as its price has remained relatively stable in recent weeks.
According to CryptoQuant, this divergence could leave the market vulnerable if selling pressure returns. CryptoQuant contributor ScenarioX noted that Bitcoin’s 30-day Spot Demand recovered to around -80,000 BTC in early July.
However, it later fell back to nearly -170,000 BTC, signaling a renewed slowdown in spot buying activity.
BTC Spot Demand Weakens as Price Holds Steady
According to the analyst, Bitcoin’s recent resilience has not been driven by stronger spot demand. Instead, price stability has largely been supported by easing short-term selling pressure and short covering in the derivatives market.
ScenarioX argued that derivatives activity has helped prevent a deeper decline. However, futures-driven demand alone is not enough to sustain a long-term bullish trend.
As a result, Bitcoin remains in a “structurally fragile” state, the analyst said. Without meaningful spot buying, the market could face a sharp downside move if spot investors begin selling again.
Recovery Could Face Liquidation Risk
Meanwhile, ScenarioX said the momentum in derivatives could continue supporting a short-term rebound as long as spot selling remains limited.
However, the analyst warned that rallies driven mainly by leveraged positions are often unstable. Without stronger spot demand, the current recovery may culminate in a large long liquidation, forcing bullish traders to close positions as prices fall.
The report highlights a growing gap between Bitcoin’s stable price action and weakening underlying demand. It suggests the market may be less resilient than it appears.
Bitcoin Continues Sideways Movement
According to CoinMarketCap data, Bitcoin was trading at $63,941 at the time of writing. The cryptocurrency was down 1.2% over the past 24 hours but remained up 1.91% over the previous seven days.
Bitcoin has gained just 0.41% over the past month, reflecting an extended period of sideways trading. It remains down 27% year-to-date.
ETF Flows Paint a Mixed Picture
Analytics platform Santiment recently noted that U.S. spot Bitcoin ETFs recorded $264.4 million in net inflows over the past two weeks as Bitcoin reclaimed the $64,000 level. This ended a prolonged period of outflows in May and June.
Fidelity’s FBTC led the early July rebound with roughly $166 million in inflows, while ARKB attracted about $91.8 million. BlackRock’s IBIT also returned to positive territory, contributing $138.9 million during a session that saw $181.1 million of total Bitcoin ETF inflows.
Santiment attributed the renewed interest to softer U.S. inflation data, improving expectations for Federal Reserve policy, and optimism around crypto regulation.
However, CryptoQuant contributor IT Tech argued that the recent recovery should be viewed in the context of the broader trend.
While spot Bitcoin ETFs accumulated more than 500,000 BTC in net inflows during 2024 and around 250,000 BTC at their 2025 peak, the analyst noted that 2026 has so far recorded roughly 120,000 BTC in cumulative net outflows.
According to the analyst, if ETF demand was a major driver of Bitcoin’s previous rally, the persistent net outflows this year remain a headwind unless other sources of capital replace that demand.
#CryptoNewsFlash
According to CryptoQuant, this divergence could leave the market vulnerable if selling pressure returns. CryptoQuant contributor ScenarioX noted that Bitcoin’s 30-day Spot Demand recovered to around -80,000 BTC in early July.
However, it later fell back to nearly -170,000 BTC, signaling a renewed slowdown in spot buying activity.
BTC Spot Demand Weakens as Price Holds Steady
According to the analyst, Bitcoin’s recent resilience has not been driven by stronger spot demand. Instead, price stability has largely been supported by easing short-term selling pressure and short covering in the derivatives market.
ScenarioX argued that derivatives activity has helped prevent a deeper decline. However, futures-driven demand alone is not enough to sustain a long-term bullish trend.
As a result, Bitcoin remains in a “structurally fragile” state, the analyst said. Without meaningful spot buying, the market could face a sharp downside move if spot investors begin selling again.
Recovery Could Face Liquidation Risk
Meanwhile, ScenarioX said the momentum in derivatives could continue supporting a short-term rebound as long as spot selling remains limited.
However, the analyst warned that rallies driven mainly by leveraged positions are often unstable. Without stronger spot demand, the current recovery may culminate in a large long liquidation, forcing bullish traders to close positions as prices fall.
The report highlights a growing gap between Bitcoin’s stable price action and weakening underlying demand. It suggests the market may be less resilient than it appears.
Bitcoin Continues Sideways Movement
According to CoinMarketCap data, Bitcoin was trading at $63,941 at the time of writing. The cryptocurrency was down 1.2% over the past 24 hours but remained up 1.91% over the previous seven days.
Bitcoin has gained just 0.41% over the past month, reflecting an extended period of sideways trading. It remains down 27% year-to-date.
ETF Flows Paint a Mixed Picture
Analytics platform Santiment recently noted that U.S. spot Bitcoin ETFs recorded $264.4 million in net inflows over the past two weeks as Bitcoin reclaimed the $64,000 level. This ended a prolonged period of outflows in May and June.
Fidelity’s FBTC led the early July rebound with roughly $166 million in inflows, while ARKB attracted about $91.8 million. BlackRock’s IBIT also returned to positive territory, contributing $138.9 million during a session that saw $181.1 million of total Bitcoin ETF inflows.
Santiment attributed the renewed interest to softer U.S. inflation data, improving expectations for Federal Reserve policy, and optimism around crypto regulation.
However, CryptoQuant contributor IT Tech argued that the recent recovery should be viewed in the context of the broader trend.
While spot Bitcoin ETFs accumulated more than 500,000 BTC in net inflows during 2024 and around 250,000 BTC at their 2025 peak, the analyst noted that 2026 has so far recorded roughly 120,000 BTC in cumulative net outflows.
According to the analyst, if ETF demand was a major driver of Bitcoin’s previous rally, the persistent net outflows this year remain a headwind unless other sources of capital replace that demand.
#CryptoNewsFlash
106
Article
"Familiar Weekly XRP Dominance Pattern Points to Major Reset"#XRP dominance is completing a weekly MACD reset that previously preceded major rallies, with the current setup signaling a potential reversal.
The XRP dominance is printing one of the most interesting weekly chart setups seen in months. After nearly a year of steady decline, momentum indicators are approaching levels that have historically marked the beginning of major upside moves.
XRP Weekly MACD Reset Mirrors Previous Events
Currently, the XRP dominance sits at around 3.128%, down 2.5% in July. The trend follows a broader sideways trend, where the asset has lost 18% of its share of the total crypto market cap this year.
Meanwhile, a positive signal is emerging from the MACD on the weekly dominance chart. The indicator is having another full momentum reset, a pattern that has only appeared a handful of times in the past two years.
An accompanying chart shows that XRP has seen the MACD histogram bars move from red to green only three times since late 2024. The first in November 2024 led to a 350% surge in dominance from 1.24% to 5.58%.
The second was in July 2025. The reset aligned with a 16.5% XRP dominance rally to 5.52%. The latest reset occurred in early June when the MACD histogram started to form small green bars, signaling a momentum shift.
Notably, each previous reset came after an extended period of weakness and preceded a sharp move higher in XRP’s share of the overall cryptocurrency market. The current setup is beginning to resemble those earlier momentum transitions.
First Major Signal After Prolonged Consolidation
An asset often starts a strong expansion after prolonged periods of consolidation and momentum resets. The longer an asset spends correcting and building a reliable pattern, the stronger the subsequent move becomes when buyers return.
That is what makes the current XRP dominance structure noteworthy. The technical indicator has spent months below the zero line and printing red bars. From a technical perspective, this type of extended consolidation can create favorable conditions for a powerful reversal if market sentiment improves.
The weekly MACD is now at levels that previously coincided with major turning points, suggesting the downside momentum that has dominated since July 2025 is beginning to fade.
XRP Dominance Eyes Rebound
If XRP dominance follows its historical behavior, the next move could be upward.
The previous two momentum resets led to significant upside moves that reclaimed a large portion of the preceding decline. The current setup suggests that another momentum shift could develop once the bullish MACD momentum strengthens.
While there are no certainties, the similarities between the current chart structure and previous cycle bottoms are becoming increasingly difficult to overlook.
Should the XRP dominance mirror the first event and rally 350%, it would mean controlling around 14% of the total crypto market cap, significantly impacting its price. However, mirroring the more modest 16.5% increase in July 2025 would take the current market dominance to 3.65%.
#CryptonewswithJack
"Familiar Weekly XRP Dominance Pattern Points to Major Reset"
#XRP dominance is completing a weekly MACD reset that previously preceded major rallies, with the current setup signaling a potential reversal.
The XRP dominance is printing one of the most interesting weekly chart setups seen in months. After nearly a year of steady decline, momentum indicators are approaching levels that have historically marked the beginning of major upside moves.
XRP Weekly MACD Reset Mirrors Previous Events
Currently, the XRP dominance sits at around 3.128%, down 2.5% in July. The trend follows a broader sideways trend, where the asset has lost 18% of its share of the total crypto market cap this year.
Meanwhile, a positive signal is emerging from the MACD on the weekly dominance chart. The indicator is having another full momentum reset, a pattern that has only appeared a handful of times in the past two years.
An accompanying chart shows that XRP has seen the MACD histogram bars move from red to green only three times since late 2024. The first in November 2024 led to a 350% surge in dominance from 1.24% to 5.58%.
The second was in July 2025. The reset aligned with a 16.5% XRP dominance rally to 5.52%. The latest reset occurred in early June when the MACD histogram started to form small green bars, signaling a momentum shift.
Notably, each previous reset came after an extended period of weakness and preceded a sharp move higher in XRP’s share of the overall cryptocurrency market. The current setup is beginning to resemble those earlier momentum transitions.
First Major Signal After Prolonged Consolidation
An asset often starts a strong expansion after prolonged periods of consolidation and momentum resets. The longer an asset spends correcting and building a reliable pattern, the stronger the subsequent move becomes when buyers return.
That is what makes the current XRP dominance structure noteworthy. The technical indicator has spent months below the zero line and printing red bars. From a technical perspective, this type of extended consolidation can create favorable conditions for a powerful reversal if market sentiment improves.
The weekly MACD is now at levels that previously coincided with major turning points, suggesting the downside momentum that has dominated since July 2025 is beginning to fade.
XRP Dominance Eyes Rebound
If XRP dominance follows its historical behavior, the next move could be upward.
The previous two momentum resets led to significant upside moves that reclaimed a large portion of the preceding decline. The current setup suggests that another momentum shift could develop once the bullish MACD momentum strengthens.
While there are no certainties, the similarities between the current chart structure and previous cycle bottoms are becoming increasingly difficult to overlook.
Should the XRP dominance mirror the first event and rally 350%, it would mean controlling around 14% of the total crypto market cap, significantly impacting its price. However, mirroring the more modest 16.5% increase in July 2025 would take the current market dominance to 3.65%.
#CryptonewswithJack
The XRP dominance is printing one of the most interesting weekly chart setups seen in months. After nearly a year of steady decline, momentum indicators are approaching levels that have historically marked the beginning of major upside moves.
XRP Weekly MACD Reset Mirrors Previous Events
Currently, the XRP dominance sits at around 3.128%, down 2.5% in July. The trend follows a broader sideways trend, where the asset has lost 18% of its share of the total crypto market cap this year.
Meanwhile, a positive signal is emerging from the MACD on the weekly dominance chart. The indicator is having another full momentum reset, a pattern that has only appeared a handful of times in the past two years.
An accompanying chart shows that XRP has seen the MACD histogram bars move from red to green only three times since late 2024. The first in November 2024 led to a 350% surge in dominance from 1.24% to 5.58%.
The second was in July 2025. The reset aligned with a 16.5% XRP dominance rally to 5.52%. The latest reset occurred in early June when the MACD histogram started to form small green bars, signaling a momentum shift.
Notably, each previous reset came after an extended period of weakness and preceded a sharp move higher in XRP’s share of the overall cryptocurrency market. The current setup is beginning to resemble those earlier momentum transitions.
First Major Signal After Prolonged Consolidation
An asset often starts a strong expansion after prolonged periods of consolidation and momentum resets. The longer an asset spends correcting and building a reliable pattern, the stronger the subsequent move becomes when buyers return.
That is what makes the current XRP dominance structure noteworthy. The technical indicator has spent months below the zero line and printing red bars. From a technical perspective, this type of extended consolidation can create favorable conditions for a powerful reversal if market sentiment improves.
The weekly MACD is now at levels that previously coincided with major turning points, suggesting the downside momentum that has dominated since July 2025 is beginning to fade.
XRP Dominance Eyes Rebound
If XRP dominance follows its historical behavior, the next move could be upward.
The previous two momentum resets led to significant upside moves that reclaimed a large portion of the preceding decline. The current setup suggests that another momentum shift could develop once the bullish MACD momentum strengthens.
While there are no certainties, the similarities between the current chart structure and previous cycle bottoms are becoming increasingly difficult to overlook.
Should the XRP dominance mirror the first event and rally 350%, it would mean controlling around 14% of the total crypto market cap, significantly impacting its price. However, mirroring the more modest 16.5% increase in July 2025 would take the current market dominance to 3.65%.
#CryptonewswithJack
199
According to Shibburn data, a total of 13.2 million #ShibaInu
were burned in the past day, permanently reducing the token’s circulating supply.
The burns were completed across 13 separate transactions, with the largest single burn accounting for the majority of the destroyed tokens.
The biggest transaction occurred yesterday when an unidentified user transferred 9.7 million SHIB from the CEX. IO exchange to the official dead wallet. Meanwhile, the second-largest burn took place just hours before press time, eliminating approximately 1.2 million SHIB from circulation.
Following the latest spike in burns, Shibburn data shows that the 24-hour burn rate soared by 131.2%. The recent activity also lifted longer-term burn totals. Weekly burns have now reached 45.44 million SHIB, while the monthly burn count has climbed to 269.9 million SHIB.
#CryptoNewsCommunity
According to Shibburn data, a total of 13.2 million #ShibaInu
were burned in the past day, permanently reducing the token’s circulating supply.
The burns were completed across 13 separate transactions, with the largest single burn accounting for the majority of the destroyed tokens.
The biggest transaction occurred yesterday when an unidentified user transferred 9.7 million SHIB from the CEX. IO exchange to the official dead wallet. Meanwhile, the second-largest burn took place just hours before press time, eliminating approximately 1.2 million SHIB from circulation.
Following the latest spike in burns, Shibburn data shows that the 24-hour burn rate soared by 131.2%. The recent activity also lifted longer-term burn totals. Weekly burns have now reached 45.44 million SHIB, while the monthly burn count has climbed to 269.9 million SHIB.
#CryptoNewsCommunity
were burned in the past day, permanently reducing the token’s circulating supply.
The burns were completed across 13 separate transactions, with the largest single burn accounting for the majority of the destroyed tokens.
The biggest transaction occurred yesterday when an unidentified user transferred 9.7 million SHIB from the CEX. IO exchange to the official dead wallet. Meanwhile, the second-largest burn took place just hours before press time, eliminating approximately 1.2 million SHIB from circulation.
Following the latest spike in burns, Shibburn data shows that the 24-hour burn rate soared by 131.2%. The recent activity also lifted longer-term burn totals. Weekly burns have now reached 45.44 million SHIB, while the monthly burn count has climbed to 269.9 million SHIB.
#CryptoNewsCommunity
153
The number of daily payments on the #XRP
Ledger (XRPL) has now crashed 80% from the May 2026 highs of over 1.69 million.
Since hitting the $3.6 peak in July 2025, XRP has collapsed more than 70%, currently trading for $1.08. As a result, bearish sentiments recently hit extreme levels.
Specifically, the number of payments from one account to another on the XRP Ledger dropped to a low of 325,888 on Saturday, July 18. This represents the lowest reading recorded on the network since the crash to 28,760 on Oct. 2, 2025, which occurred as a result of an unprecedented event.
After that October 2025 crash, the number of XRPL payments remained above 500,000 every day until late June, when they dropped to around 400,000. Now, this figure has reduced further to a 9-month low of 325,888, indicating that payment activity has continued to decline.
Importantly, the 325,888 figure represents an 80.7% crash from the recent highs of around 1.694 million daily payments recorded on May 28, 2026. Moreover, it also marks an 85% decline from the yearly peak of 2.188 million payments from February 2026.
#CryptoNewss
The number of daily payments on the #XRP
Ledger (XRPL) has now crashed 80% from the May 2026 highs of over 1.69 million.
Since hitting the $3.6 peak in July 2025, XRP has collapsed more than 70%, currently trading for $1.08. As a result, bearish sentiments recently hit extreme levels.
Specifically, the number of payments from one account to another on the XRP Ledger dropped to a low of 325,888 on Saturday, July 18. This represents the lowest reading recorded on the network since the crash to 28,760 on Oct. 2, 2025, which occurred as a result of an unprecedented event.
After that October 2025 crash, the number of XRPL payments remained above 500,000 every day until late June, when they dropped to around 400,000. Now, this figure has reduced further to a 9-month low of 325,888, indicating that payment activity has continued to decline.
Importantly, the 325,888 figure represents an 80.7% crash from the recent highs of around 1.694 million daily payments recorded on May 28, 2026. Moreover, it also marks an 85% decline from the yearly peak of 2.188 million payments from February 2026.
#CryptoNewss
Ledger (XRPL) has now crashed 80% from the May 2026 highs of over 1.69 million.
Since hitting the $3.6 peak in July 2025, XRP has collapsed more than 70%, currently trading for $1.08. As a result, bearish sentiments recently hit extreme levels.
Specifically, the number of payments from one account to another on the XRP Ledger dropped to a low of 325,888 on Saturday, July 18. This represents the lowest reading recorded on the network since the crash to 28,760 on Oct. 2, 2025, which occurred as a result of an unprecedented event.
After that October 2025 crash, the number of XRPL payments remained above 500,000 every day until late June, when they dropped to around 400,000. Now, this figure has reduced further to a 9-month low of 325,888, indicating that payment activity has continued to decline.
Importantly, the 325,888 figure represents an 80.7% crash from the recent highs of around 1.694 million daily payments recorded on May 28, 2026. Moreover, it also marks an 85% decline from the yearly peak of 2.188 million payments from February 2026.
#CryptoNewss
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Cardano has successfully activated the V11 (van Rossem) hard fork on its mainnet, marking one of the blockchain’s most significant network upgrades to date.
The upgrade went live on July 18, 2026, officially transitioning Cardano from Protocol Version 10 to Protocol Version 11. Intersect, the member-based organization that supports Cardano’s development and governance, confirmed the successful activation after months of ecosystem-wide preparation and coordination.
Protocol Version 11 is expected to reduce the execution costs of smart contracts, making decentralized applications more efficient while lowering operational expenses for developers building on Cardano.
As a result, developers can deploy and run smart contracts more cost-effectively, potentially improving the overall user experience across the Cardano ecosystem. In addition to immediate performance improvements, the V11 hard fork introduces foundational infrastructure for Cardano’s next major scalability upgrade—Ouroboros Leios.
#Crypto
Cardano has successfully activated the V11 (van Rossem) hard fork on its mainnet, marking one of the blockchain’s most significant network upgrades to date.
The upgrade went live on July 18, 2026, officially transitioning Cardano from Protocol Version 10 to Protocol Version 11. Intersect, the member-based organization that supports Cardano’s development and governance, confirmed the successful activation after months of ecosystem-wide preparation and coordination.
Protocol Version 11 is expected to reduce the execution costs of smart contracts, making decentralized applications more efficient while lowering operational expenses for developers building on Cardano.
As a result, developers can deploy and run smart contracts more cost-effectively, potentially improving the overall user experience across the Cardano ecosystem. In addition to immediate performance improvements, the V11 hard fork introduces foundational infrastructure for Cardano’s next major scalability upgrade—Ouroboros Leios.
#Crypto
The upgrade went live on July 18, 2026, officially transitioning Cardano from Protocol Version 10 to Protocol Version 11. Intersect, the member-based organization that supports Cardano’s development and governance, confirmed the successful activation after months of ecosystem-wide preparation and coordination.
Protocol Version 11 is expected to reduce the execution costs of smart contracts, making decentralized applications more efficient while lowering operational expenses for developers building on Cardano.
As a result, developers can deploy and run smart contracts more cost-effectively, potentially improving the overall user experience across the Cardano ecosystem. In addition to immediate performance improvements, the V11 hard fork introduces foundational infrastructure for Cardano’s next major scalability upgrade—Ouroboros Leios.
#Crypto
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Article
"Ethereum Whales Hold $2.8B Buying Power: So Why Is Selling Pressure Still High?"#Ethereum whales remain comfortably in profit, but rising exchange deposits and ample liquidity could keep selling pressure elevated.
CryptoQuant contributor PelinayPA said Ethereum’s Whale Net Unrealized Profit/Loss (NUPL) remains above zero. This means large holders are still sitting on unrealized gains.
However, the metric has not yet reached the extreme levels seen at previous market tops. That suggests whales have not entered the profit zone that typically leads to heavy selling.
“Whales are not yet at the psychological threshold that typically triggers heavy profit-taking,” the analyst said. Although their unrealized profits are gradually shrinking, the current trend does not resemble the conditions seen at past market cycle peaks.
Binance Deposits Keep Selling Pressure Elevated
Despite the lack of peak-profit conditions, Ethereum deposits to Binance remain unusually high. According to CryptoQuant, ETH deposits into Binance have increased sharply since late 2024 and remain elevated.
However, moving ETH to an exchange does not always mean investors plan to sell immediately. Still, it puts more ETH on the market, increasing the risk of selling pressure.
CryptoQuant’s chart shows the Binance User Deposit Address metric standing at 1.12 billion on July 15, remaining close to its highest levels in recent years. This suggests a large amount of ETH remains on the exchange and is available for trading.
Stablecoin Reserves Give Ethereum Whales More Buying Power
The report also points to growing stablecoin reserves among large investors. CryptoQuant’s USDT and USDC Whale metric has climbed to 2.7958 billion, indicating that large investors collectively control nearly $2.8 billion in stablecoin liquidity that could be deployed into Ethereum or kept on the sidelines. These holdings give them additional buying power alongside their existing Ethereum positions.
This allows whales to buy more ETH if they see an opportunity. However, they could also shift their capital out of Ethereum if market conditions worsen.
Meanwhile, Ethereum’s Realized Price has climbed to approximately $2,305. This means the average price investors paid for ETH is increasing.
The analyst said this reflects stronger long-term capital inflows than in previous market cycles. It also suggests new investors are still buying Ethereum, even at higher prices.
As The Crypto Basic reported yesterday, large investors, including Bitmine, Abraxas Capital, and unknown whales, accumulated 82,898 ETH over three days. Industry leaders such as Bitmine Chairman Tom Lee have also continued to issue bullish outlooks for ETH, including a 100x price prediction, even amid the bear market.
Whale Capital Flows Could Decide ETH Next Move
PelinayPA concluded that Ethereum whales are holding large amounts of both ETH and stablecoins, giving them ample liquidity on either side of the market.
This means Ethereum’s next major price move could depend on what whales do next. If they use their stablecoin reserves to buy more ETH, prices could rise. If they start selling their ETH for cash, prices could come under pressure.
At the time of writing, Ethereum was trading at $1,846. It was up 1% over the past 24 hours, 2.6% over the past week, and 5.5% over the past month. However, it remained 49% below its price from a year ago.
#CryptoNewss
"Ethereum Whales Hold $2.8B Buying Power: So Why Is Selling Pressure Still High?"
#Ethereum whales remain comfortably in profit, but rising exchange deposits and ample liquidity could keep selling pressure elevated.
CryptoQuant contributor PelinayPA said Ethereum’s Whale Net Unrealized Profit/Loss (NUPL) remains above zero. This means large holders are still sitting on unrealized gains.
However, the metric has not yet reached the extreme levels seen at previous market tops. That suggests whales have not entered the profit zone that typically leads to heavy selling.
“Whales are not yet at the psychological threshold that typically triggers heavy profit-taking,” the analyst said. Although their unrealized profits are gradually shrinking, the current trend does not resemble the conditions seen at past market cycle peaks.
Binance Deposits Keep Selling Pressure Elevated
Despite the lack of peak-profit conditions, Ethereum deposits to Binance remain unusually high. According to CryptoQuant, ETH deposits into Binance have increased sharply since late 2024 and remain elevated.
However, moving ETH to an exchange does not always mean investors plan to sell immediately. Still, it puts more ETH on the market, increasing the risk of selling pressure.
CryptoQuant’s chart shows the Binance User Deposit Address metric standing at 1.12 billion on July 15, remaining close to its highest levels in recent years. This suggests a large amount of ETH remains on the exchange and is available for trading.
Stablecoin Reserves Give Ethereum Whales More Buying Power
The report also points to growing stablecoin reserves among large investors. CryptoQuant’s USDT and USDC Whale metric has climbed to 2.7958 billion, indicating that large investors collectively control nearly $2.8 billion in stablecoin liquidity that could be deployed into Ethereum or kept on the sidelines. These holdings give them additional buying power alongside their existing Ethereum positions.
This allows whales to buy more ETH if they see an opportunity. However, they could also shift their capital out of Ethereum if market conditions worsen.
Meanwhile, Ethereum’s Realized Price has climbed to approximately $2,305. This means the average price investors paid for ETH is increasing.
The analyst said this reflects stronger long-term capital inflows than in previous market cycles. It also suggests new investors are still buying Ethereum, even at higher prices.
As The Crypto Basic reported yesterday, large investors, including Bitmine, Abraxas Capital, and unknown whales, accumulated 82,898 ETH over three days. Industry leaders such as Bitmine Chairman Tom Lee have also continued to issue bullish outlooks for ETH, including a 100x price prediction, even amid the bear market.
Whale Capital Flows Could Decide ETH Next Move
PelinayPA concluded that Ethereum whales are holding large amounts of both ETH and stablecoins, giving them ample liquidity on either side of the market.
This means Ethereum’s next major price move could depend on what whales do next. If they use their stablecoin reserves to buy more ETH, prices could rise. If they start selling their ETH for cash, prices could come under pressure.
At the time of writing, Ethereum was trading at $1,846. It was up 1% over the past 24 hours, 2.6% over the past week, and 5.5% over the past month. However, it remained 49% below its price from a year ago.
#CryptoNewss
CryptoQuant contributor PelinayPA said Ethereum’s Whale Net Unrealized Profit/Loss (NUPL) remains above zero. This means large holders are still sitting on unrealized gains.
However, the metric has not yet reached the extreme levels seen at previous market tops. That suggests whales have not entered the profit zone that typically leads to heavy selling.
“Whales are not yet at the psychological threshold that typically triggers heavy profit-taking,” the analyst said. Although their unrealized profits are gradually shrinking, the current trend does not resemble the conditions seen at past market cycle peaks.
Binance Deposits Keep Selling Pressure Elevated
Despite the lack of peak-profit conditions, Ethereum deposits to Binance remain unusually high. According to CryptoQuant, ETH deposits into Binance have increased sharply since late 2024 and remain elevated.
However, moving ETH to an exchange does not always mean investors plan to sell immediately. Still, it puts more ETH on the market, increasing the risk of selling pressure.
CryptoQuant’s chart shows the Binance User Deposit Address metric standing at 1.12 billion on July 15, remaining close to its highest levels in recent years. This suggests a large amount of ETH remains on the exchange and is available for trading.
Stablecoin Reserves Give Ethereum Whales More Buying Power
The report also points to growing stablecoin reserves among large investors. CryptoQuant’s USDT and USDC Whale metric has climbed to 2.7958 billion, indicating that large investors collectively control nearly $2.8 billion in stablecoin liquidity that could be deployed into Ethereum or kept on the sidelines. These holdings give them additional buying power alongside their existing Ethereum positions.
This allows whales to buy more ETH if they see an opportunity. However, they could also shift their capital out of Ethereum if market conditions worsen.
Meanwhile, Ethereum’s Realized Price has climbed to approximately $2,305. This means the average price investors paid for ETH is increasing.
The analyst said this reflects stronger long-term capital inflows than in previous market cycles. It also suggests new investors are still buying Ethereum, even at higher prices.
As The Crypto Basic reported yesterday, large investors, including Bitmine, Abraxas Capital, and unknown whales, accumulated 82,898 ETH over three days. Industry leaders such as Bitmine Chairman Tom Lee have also continued to issue bullish outlooks for ETH, including a 100x price prediction, even amid the bear market.
Whale Capital Flows Could Decide ETH Next Move
PelinayPA concluded that Ethereum whales are holding large amounts of both ETH and stablecoins, giving them ample liquidity on either side of the market.
This means Ethereum’s next major price move could depend on what whales do next. If they use their stablecoin reserves to buy more ETH, prices could rise. If they start selling their ETH for cash, prices could come under pressure.
At the time of writing, Ethereum was trading at $1,846. It was up 1% over the past 24 hours, 2.6% over the past week, and 5.5% over the past month. However, it remained 49% below its price from a year ago.
#CryptoNewss
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#Bitcoin is undergoing a “supply-side restructuring” as pressure builds on the network’s key participants, According to CryptoQuant author CryptoOnchain.
He said miner shutdowns surged 2,150% above the 90-day baseline over the past week. This massive increase implies worsening mining economics following the halving. As profitability declined, miner-to-Binance transfers jumped more than 470%, suggesting miners are selling more Bitcoin to cover operating costs.
Recent Glassnode data shows that Bitcoin’s supply held at a loss has exceeded supply held in profit for the first time in the current market cycle.
At the same time, long-term holders now own a record 14.85 million
BTC, showing they continue to accumulate despite about 10.8 million BTC still being underwater.
#Crypto
#Bitcoin is undergoing a “supply-side restructuring” as pressure builds on the network’s key participants, According to CryptoQuant author CryptoOnchain.
He said miner shutdowns surged 2,150% above the 90-day baseline over the past week. This massive increase implies worsening mining economics following the halving. As profitability declined, miner-to-Binance transfers jumped more than 470%, suggesting miners are selling more Bitcoin to cover operating costs.
Recent Glassnode data shows that Bitcoin’s supply held at a loss has exceeded supply held in profit for the first time in the current market cycle.
At the same time, long-term holders now own a record 14.85 million
BTC, showing they continue to accumulate despite about 10.8 million BTC still being underwater.
#Crypto
He said miner shutdowns surged 2,150% above the 90-day baseline over the past week. This massive increase implies worsening mining economics following the halving. As profitability declined, miner-to-Binance transfers jumped more than 470%, suggesting miners are selling more Bitcoin to cover operating costs.
Recent Glassnode data shows that Bitcoin’s supply held at a loss has exceeded supply held in profit for the first time in the current market cycle.
At the same time, long-term holders now own a record 14.85 million
BTC, showing they continue to accumulate despite about 10.8 million BTC still being underwater.
#Crypto
1
221
A long-dormant #Bitcoin whale has resurfaced after eight years, moving 5,908 BTC worth about $382.67 million to a new wallet.
Blockchain tracker Lookonchain called attention to the movement on X. Notably, the wallet had been inactive since receiving the coins in 2018, when the holdings were worth roughly $99.64 million. At the time, Bitcoin traded at around $16,865, with the bear market still in its early stages.
#CryptoNews🚀🔥V
A long-dormant #Bitcoin whale has resurfaced after eight years, moving 5,908 BTC worth about $382.67 million to a new wallet.
Blockchain tracker Lookonchain called attention to the movement on X. Notably, the wallet had been inactive since receiving the coins in 2018, when the holdings were worth roughly $99.64 million. At the time, Bitcoin traded at around $16,865, with the bear market still in its early stages.
#CryptoNews🚀🔥V
Blockchain tracker Lookonchain called attention to the movement on X. Notably, the wallet had been inactive since receiving the coins in 2018, when the holdings were worth roughly $99.64 million. At the time, Bitcoin traded at around $16,865, with the bear market still in its early stages.
#CryptoNews🚀🔥V
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