InsightsPulse Insight
AllDeFiBTCETH + ERC-20Strategies/AlphaMetric Tutorials

Apr 19

Apr 15

AAVE Bullwhales are back. How long will they remain?
15-04-21, 22:18

AAVE, like most of the market, has returned to bull mode.
TL,DR: Coinlist activates AAVE trading on Monday 19th. Whales reloaded 6 days earlier. Most aggressive jump in whale activity in 6 months. MVRV Z-score breaks downtrend. Accumulation reignited. Other lending protocols see silent accumulation.



Active Addresses spike on the 1h timeframe is a good giveaway of trading energy flowing into a clear new trend.
On the 10th of April, whale addreses holding more than 10k coins spiked a whoppping 25%
Whale (>100k USD) activity spike confirms that we are looking at true whale activity.
MVRV Z-score breaks out at the same time as the 60d MVRV flipping double digit positive.

NVT (in volume) spikes during the consolidation phase since February provided good buying opportunities.

This particular whale probably acted on fundamental grounds:

65k AAVE purchased at the beginning of April. Lending coins like LQTY also joined the portfolio at this time.
0
Ethereum Analysis - Can We Shoot Straight to $3,000 & Beyond?
15-04-21, 06:32

Ethereum's run over the past three weeks can now be classified as nothing short of staggering. The #2 asset has now jumped 58% in this brief (even for crypto) timeframe.


Getting right to the point in our latest Pulse insight, here are a few bullish and bearish cases on whether history can continue being made in April.




Bullish Cases:

Address activity shows a clear and beautiful rise in the past year.


The average age of invested dollars in Ethereum clearly indicates new money has come in and dormant investments are moving.




"Meh" Cases:

Volume hasn't shown amazing ascension during this historic run.


Development activity rates, similarly, isn't really showing overwhelming growth signs. Github submissions are still significantly higher than Ethereum's 2015 debut, though.




Bearish Cases:

Average 30-day trader returns are becoming sky-high again, generally a toppish sign.



Ethereum's continually rising gas fees may eventually stifle the amount of utility and transactions users ideally want to make.

0

Apr 14

Apr 9

How Crowd Mood Dictated Bitcoin's and Ethereum's Mid-Week Dip & Rebound
09-04-21, 21:21


Very often, we will see the mainstream crowd play a major role in small to mid-sized price fluctuations. And by major role, we mean wherever the mass majority thinks Bitcoin or Ethereum is heading next, the opposite outcome comes to fruition more often than not.


Let's look at the BitMEX perpectual contract funding rates during the first week of April. This metric helps gauge where leveraged traders are placing their bets.


When bars are high, greed is taking place (a good time to sell). When low, shorts are paying long, indicating fear is kicking in (a good time to buy).


Here's Bitcoin:


The two largest bars of the week were right near local tops, and both led to major price downswings.


Ethereum:

The same outcome is true. ETH dropped both times this metric rose higher.


And with social mentions, we recently dropped to "fear" range when we dropped to $56k.

Not surprisingly, we're now back to $58.4k.

0

Apr 8

Apr 7

Apr 6

Apr 5