May 11
#Bitcoin's #onchain activity is approaching historic lows as traders have dramatically slowed transactions in the 2 months since its #alltimehigh. This isn't necessarily a sign of more $BTC dips, but rather a signal of crowd fear and indecision.
May 10
🤔 Traders are showing weak #buythedip interest in #Bitcoin's latest retrace down to as low as $60.2K today. Generally, the crowd's lack of faith is a strong sign of prices being close to a #bottom. Track social interest levels on this chart to see if #FUD stays high.
May 9
📺 Our latest video looks at the continued rebound potential for markets, and how crowd #FUD is exactly what the patient traders are waiting for. Enjoy our latest talk here with Equities Tracker!
May 8
As #Bitcoin ranges tightly between $61K and $64K, large whales have made some accumulation moves over the past 24 hours. Wallets with 1K-10K $BTC have collectively accumulated ~$941M worth of coins, rebounding to their highest holding level in 2 weeks.
May 7
According to the Relative Strength Index, the majority of top market cap #cryptocurrencies are in slight buy zones. This popular momentum oscillator, which is commonly used in technical analysis, suggests #Cardano as a potential buy low candidate.
May 6
May 3
#Bitcoin has bounced on a #bullish Friday with its market cap rising +5.4% in 24 hours. The crowd has completely #flipflopped on their #Binance trades, going from liquidated #shorts to #longs after this bounce. For the rally to continue, we don't want to see #FOMO rising too much higher than what it appears to be now.
Track the $BTC price and funding rate data on this Santiment link here!
Grab a free Sanbase PRO trial here to enjoy these metrics, and hundreds of other leading indicators and charts to prep for the next rally!
Sorted by greatest growth in the past 6 months, here is the net change of non-empty wallets among top market caps in #crypto (apologies to #BinanceCoin and #Solana, not pictured in this study):
#Toncoin $TON 16.8K wallets (+110% growth)
#Dogecoin $DOGE 6.6M wallets (+27% growth)
#Tether $USDT 5.7M wallets (+23% growth)
#USDCoin $USDC 2.1M wallets (+16% growth)
#Ethereum $ETH 120.7M wallets (+11% growth)
#Bitcoin $BTC 53.9M wallets (+10% growth)
#XRPLedger $XRP 5.2M wallets (+7% growth)
#Chainlink $LINK 727K wallets (+6% growth)
#Cardano $ADA 4.5M wallets (+0% growth)
Track how each network continues to grow any time with this link.
Grab a free Sanbase PRO trial to see these metrics, and hundreds of others, in real time here!
May 2
🗣️ With #cryptocurrency prices mildly recovering, the top trending keywords circulating around social platforms have remained fixed on #Bitcoin and how its market value may be impacted by the #Fed's unchanged interest rates.
View our updating dashboard here, and track how trending keywords change!