🐂 The current rise in Bitcoin may only be beginning — CryptoQuant
Analysts note several bullish signals at once: long-term BTC holders have not yet begun massively taking profits, while short-term holders have been in the green for almost a month.
At the same time, the supply of Ethereum on exchanges has fallen by about 73% from the 2020 peak—more and more ETH is going to staking, ETFs, and long-term holding.
Santiment, however, warns that large BTC holders are slightly reducing positions, while retail investors are starting to buy again.
$BTC
$ETH
$ETC
Analysts note several bullish signals at once: long-term BTC holders have not yet begun massively taking profits, while short-term holders have been in the green for almost a month.
At the same time, the supply of Ethereum on exchanges has fallen by about 73% from the 2020 peak—more and more ETH is going to staking, ETFs, and long-term holding.
Santiment, however, warns that large BTC holders are slightly reducing positions, while retail investors are starting to buy again.
$BTC
$ETH
$ETC
