Bitcoin's Monday pump in 7 Sanbase charts

Profile picture
Apr 27, 2021

Bitcoin has gained +9.7% in the past 24 hours, trading at $53.6k at the time of writing. Here are 7 charts outlining the top coin's start to the week.

Network activity remains sluggish, with another day below 1m active addresses:

Breakeven funding rates across CEXes suggest lack of bullish bias among derivatives traders:

Crowd sentiment is already back to positive with BTC's +9% pump:

No spikes in Bitcoin's Network Profit/Loss suggests 'wait and see' approach by most holders:

Long-term BTC holders are staying put for the time being:

Bitcoin's 30-day MVRV signaled a potential for bounce back, as I mentioned in our weekly report"

Still no signs of accumulation by large BTC addresses (100-10,000 BTC)

Stay safe out there!

Profile picture
Apr 27, 2021

Thanks for reading!

If you enjoyed this insight please leave a like, join discussion in the comments and share it with your friends!


Assets from this insight

Bitcoin logo


$ 40771.60

28.76%in last 7d