Bitcoin has continued to leave exchanges for a month, but average outflows have declined considerably. Futures buyers and sellers are nearly balanced, with neither side holding a clear advantage. TL;
The share of new capital in Bitcoin has risen from 6.6% in early July to 11.2%. New buyers have an 11% unrealized profit cushion. TL;DR New money
The unrealized profit of large short-term holders fell from a record $9.8 billion to $4.6 billion over the past month. Meanwhile, whales sent 10.6K BTC to
Bitcoin has fallen 6% from its early October high and approached the lower boundary of its three-week range. The price structure signal has cooled into neutral territory, while futures
Since late July, long-term holder supply has declined by 345,000 BTC to 16.06 million BTC. In early October, they were spending coins almost every day, but the
Short-term holders hold 4.08 million BTC - the highest level since mid-June. TL;DR Short-term holder supply is growing. I examine where the line between profit and
Bitcoin fell yesterday after the release of U.S. inflation data, but futures open interest increased over the past 24 hours. The funding rate remains positive, and bulls continue to
Over the past week, Bollinger Band width has more than halved, reaching its lowest level since mid-September. The Bitcoin Volatility & Flow Index remains below its one-year average,
Bitcoin is trading 72% above the average cost basis of coins held by long-term holders. By this measure, the cohort has remained in profit since January 2023. Meanwhile, its
Bitcoin has risen from $59K to $84K. Over the past 30 days, transaction fees generated an average of just 64 cents out of every $100 in daily miner revenue. All
Bitcoin fell 4.3% over the week, from $86.0K to $82.3K, while forced closures of long positions totaled $520 million over October 2-8. The Bitcoin Stress Index
The minutes from the Fed's September meeting showed that most participants consider another rate hike likely by year-end. By the morning after the release, bitcoin had fallen
