Insights Pulse Insights

Jul 12

Chainlink's Key Stakeholders are Accumulating Rapidly! 12-07-24, 20:56

๐Ÿณ๐Ÿ“ˆ Chainlink's key stakeholders with 10K-1M coins have been showing major accumulation during these suppressed markets. Since June 24th, they have added 9.2M LINK, a +4.65% increase to their collective holdings since that date.

Jul 9

Those Who Have Given Up On LINK May Regret it Shortly... 9-07-24, 19:16

๐Ÿ”— Chainlink's weak hands have just shown signs of giving up hope and released significant levels of coins. The 60M in LINK realized losses yesterday is indicative of significant trader FUD, and increases the likelihood of a local bottom. ๐Ÿ‘

Jul 5

Don't Underestimate the Power of Selecting Coins By MVRV! 5-07-24, 19:01

๐Ÿ“Š The lower a coin's 30-day MVRV is, the less risk there is in opening or adding on to your position for a shorter term timeframe.

In order of the trackable top caps seeing the least to most risk of dip buy potential right now:

DOGE: -19.7% ๐Ÿฅ‡
UNI: -16.3% ๐Ÿฅˆ
LTC: -15.0% ๐Ÿฅ‰
ETH: -13.2%
LINK: -11.1%
XRP: -10.1%
ADA: -9.9%
BTC: -9.6%
TON: +4.0%

Jun 13

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

๐Ÿณ The top 10 exchange wallets on the #ShibaInu, #Chainlink, and #Ethereum networks, respectively. Since May 27th, their holdings have shrunk by:

๐Ÿ“‰ $SHIB: -2.4%
๐Ÿ“‰ $LINK: -2.9%
๐Ÿ“‰ $ETH: -8.6%

Decreasing exchange supplies should be considered a good sign for bullish traders. ๐Ÿ‘

Jun 6

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

๐Ÿ’ธ 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:

๐Ÿช™ Bitcoin: 98.3%
๐Ÿช™ Ethereum: 95.1%
๐Ÿช™ Chainlink: 86.8%
๐Ÿช™ Dogecoin: 82.2%
๐Ÿช™ XRP: 78.8%
๐Ÿช™ 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 whalesโ€™ 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 LINKโ€™s $10 billion market cap.

Follow me on ๐• @vinibarbosabr

Complete report on Finbold:

May 24

Chainlink's Latest Jump Has Created a Historic Profit Taking Spike 24-05-24, 04:38

๐Ÿ”—๐Ÿ“ˆ #Chainlink has climbed well ahead of the #crypto pack, quickly surpassing $17.50 for the first time in 6 weeks. #Onchain today, there are 11 transactions in profit for every 1 $LINK transaction at a loss. This is the highest ratio since Dec. 8, 2022.

May 17

Bullish Sentiment Has Returned Following Bitcoin's Big Moves! 17-05-24, 16:44

๐Ÿฅณ The crowd's sentiment has shifted toward #Bitcoin after the surprise bounce above $66K Wednesday (and now above $67.2K). Additionally, #Chainlink is seeing its most #bullish sentiment in over a year. #FOMO staying low will help these rises continue. Check out our weighted sentiment comparison chart here, and monitor how this #bullish sentiment develops.

Apr 27

Watch Bitcoin's Rise in the Network's Amount of Non-Empty Wallets as Traders Fear Further Altcoin Bleeding! 27-04-24, 08:41

๐Ÿ“Š The total amount of non-empty #Bitcoin wallets are rapidly growing despite choppy prices. #Altcoin wallets for assets like #Dogecoin have flattened after enormous rises earlier this year. #Cardano is one of the few networks to see active wallets drop.

Feb 19

Open Interest Surging Among Top Cap Projects in February! 19-02-24, 22:01

๐Ÿ“ˆ๐Ÿ˜ฎ A major increase in money has been entering into #cryptocurrency, which should be a surprise to no one. Notably, there has been a dramatic increase in the speculation of derivatives in #crypto as market caps have risen significantly the past 4 months.

With #Bitcoin, in particular, crossing over $10B in open interest for the first time since July, 2022, this does signal crowd euphoria is alive and well. Sometimes rising too quickly can be indicative of some caution flags. Among the top assets, the top climbers to watch include:

๐Ÿช™ $BTC: $9.85B in open interest
๐Ÿช™ $ETH: $5.59B in open interest
๐Ÿช™ $SOL: $1.62B in open interest
๐Ÿช™ $LINK: $549M in open interest

Explore our top cap open interest link here!

Grab a free Sanbase PRO trial here!