Insights Pulse Insights

Jun 14

Ethereum's Largest Wallets On and Off Exchanges Show Vastly Contrasting Trends 14-06-24, 20:15

🐳 The top 100 Ethereum wallets on exchanges recently fell below its May, 2018 all-time low, now at 8.41M total $ETH. This is a sign of increasing distribution over time.

Meanwhile, the top 100 non-exchange wallets tell the opposite story, holding an all-time high 68.39M $ETH.


Jun 13

Top Cap Assets are Showing Far Less Coins Held By Their Respective Top Exchange Wallets 13-06-24, 21:49

🐳 The top 10 exchange wallets on the #ShibaInu, #Chainlink, and #Ethereum networks, respectively. Since May 27th, their holdings have shrunk by:

πŸ“‰ $SHIB: -2.4%
πŸ“‰ $LINK: -2.9%
πŸ“‰ $ETH: -8.6%

Decreasing exchange supplies should be considered a good sign for bullish traders. πŸ‘

Bitcoin's Supply Moving Away From Exchanges is a Promising Sign of an Eventual ATH Break! 13-06-24, 01:13

😎 Bitcoin's supply on exchanges has now dropped to its lowest level since December, 2021 (~942K coins). Meanwhile, Ethereum and Tether are moving back on. Historically, there is less drop-off risk for all of crypto while $BTC's available supply to be sold is limited.

Jun 6

Bitcoin and Ethereum Unsurprisingly Have Nearly All of Their Supply in Profit 6-06-24, 23:00

πŸ’Έ Supply in Profit is calculated by summing a token's value vs. its value when it first originated on the blockchain. The percentage of top assets' supply in profit is:

πŸͺ™ Bitcoin: 98.3%
πŸͺ™ Ethereum: 95.1%
πŸͺ™ Chainlink: 86.8%
πŸͺ™ Dogecoin: 82.2%
πŸͺ™ XRP: 78.8%
πŸͺ™ Cardano: 53.5%

Jun 5

$LINK: Chainlink whales have been gradually diminishing their stacks (selling?) year-over-year, in contrast with an increasing price. 5-06-24, 17:18

$LINK: Chainlink whales have been gradually diminishing their stacks (selling?) year-over-year, in contrast with an increasing price.

Chainlink (LINK) Whale USD balance non-exchange. Source: Santiment / Vini Barbosa (@vinibarbosabr)

As observed, these holdings have dropped from $550.56 million on June 4, 2023, to $464.65 million by press time.

Notably, LINK was trading at $6.07 one year ago, more than doubling in price currently at $17.6. This highlights an even higher drop in whales’ holdings measured in LINK.

On the other hand, Ethereum (ETH) whale balances have increased throughout these 12 months, following the year-over-year price trend.

I used this new metric on Santiment, tracking the U.S. dollar value from Chainlink whales. Essentially, the metric considers a whale any address holding over $2 million in sight of LINK’s $10 billion market cap.

Follow me on 𝕏 @vinibarbosabr

Complete report on Finbold:

Jun 4

Jun 1

May 28

May 25