📊 Blockchain data indicates that 3 massive Bitcoin transactions on June 1st and 2nd correlated with crypto's local top when $BTC's market value was attempting to bounce back above $107K. $44.03B worth of transaction volume was present on the Bitcoin blockchain, indicating a massive amount of polarization. The 3 largest transfers of the month, and among the largest of the year, were:

🐳 A 130,010 $BTC transfer worth $14.11B

🐳 A 78,647 $BTC transfer worth $9.41B

🐳 A 22,531 $BTC transfer worth $2.36B

Bookmark this handy chart page, and monitor for more of the top transactions for Bitcoin and ETH-based tokens. They will often foreshadow key market moves.

📺 Our latest video market update covers the swinging greed and fear among retail traders. We also discuss some of the key whales and how they will impact the next couple months of crypto's price action. Enjoy our show with Web3 Matters!

🧑‍💻 Here are crypto's top ETH-based coins by development activity. Directional indicators represent each project's ranking positioning since last month:

📈1) Chainlink $LINK 🥇

📈 2) Starknet $STRK 🥈

➡️ 3) Ethereum $ETH 🥉

📈 4) Eigenlayer $EIGEN

📉 5) Status $SNT

📈 6) sUSD $SUSD

📈 7) Synthetix $SNX

📉 8) Decentraland $MANA

📉 9) Lido DAO $LDO

📈 10) Lido Staked Ethereum $stETH 📖

Read about the Santiment methodology for filtering notable github activity data from project repositories, and why it is so useful for crypto trading!

📊 Bitcoin's on-chain activity has seen sharp rises this week as its price hovers just below $105K:

📈 May 29th: 556,830 new $BTC wallets created (Highest since December 2, 2023)

🔄 June 2nd: 241,360 coins circulated (Highest since December 8, 2024)

Growth in a network's on-chain activity is generally a good sign. This is something to keep an eye on as crypto markets range. 👀

🐳 There are several notable altcoins seeing major transfers of coins moving to exchanges over the past 24 hours. Here are the highest transfers we're tracking:

📌 PayPal USD $PYUSD: $15.9M (1.67% of marketcap)

📌 SSV $SSV: $1.1M (0.89% of marketcap)

📌 Threshold $T: $1.2M (0.85% of marketcap)

📌 Immutable X $IMX: $6.4M (0.60% of marketcap)

🧐 Bookmark this free-to-use whale CEX deposit dashboard from Santiment, and see what others in crypto can't!

💸 Bitcoin's ETF's have seen significant money outflowing for three straight days now. There has been a total of $1.21B in net outflows, marking the first time we've seen $1B or more moving out of ETF's since the 2nd week of March.

🐳 There are now 151,820 wallets holding between 10 to 10,000 Bitcoin. These key stakeholders have aggressively been accumulating over the past week, collectively adding 79,244 $BTC (11,321 coins accumulated per day). 👀

🧑‍💻 Here are crypto's top 10 AI & Big Data projects by development. Directional indicators represent each project's ranking positioning since last update:

📈 1) Internet Computer $ICP 🥇

📈 2) Filecoin $FIL 🥈

📉 3) NEAR $NEAR 🥉

📈 4) Livepeer $LPT

📈 5) Injective $INJ

📉 6) Oasis $ROSE

📉 7) The Graph $GRT

📈 8) iExec RLC $RLC

📉 9) Bittensor $TAO

📈 10) Qubic $QUBIC

📖 Read about the Santiment methodology for filtering notable github activity data from project repositories, and why it is so useful for crypto trading.