How Bitcoin’s road to new ATH was reflected in on-chain dataCryptoSlate's latest market report dives deep into on-chain data to better understand the market forces leading up to, during, and after Bitcoin's journey to the new ATH.
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How Bitcoin’s road to new ATH was reflected in on-chain dataCryptoSlate's latest market report dives deep into on-chain data to better understand the market forces leading up to, during, and after Bitcoin's journey to the new ATH. α Weekly ResearchCEXs saw record-breaking trading volume as Bitcoin touched ATHBitcoin's roller coaster ride up to its ATH of $69,000 triggered unprecedented trading volumes on centralized exchanges. Funding rates soared as traders bet big on Bitcoin’s future gains before correctionThe cost of holding Bitcoin long positions spiked, pointing to intensified bullish expectations and leverage concerns. α Top Insights
More α ResearchRecord high realized cap shows unprecedented economic investment in BitcoinThe Bitcoin network and its participants have never been as economically invested in BTC as as they are now. The Bitcoin market faces a critical moment amid soaring unrealized profitsSpot ETF inflows and bullish sentiment buoy Bitcoin, despite potential volatility from unrealized gains. Bitcoin’s surge to $57K did not result in liquidation storm, defying expected trendDespite Bitcoin's high flying, liquidations remain grounded — indicating a market that is cautious.
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domingo, 10 de março de 2024
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How Bitcoin’s road to new ATH was reflected in on-chain data