Network gains & ‘whale’ games as Bitcoin hits ATH | Santiment Weekly Report

Profile picture
Nov 10, 2021

Bitcoin has charted yet ANOTHER price all-time high, peaking at a whopping $68,641 earlier today.

As the top coin enters price discovery, there’s a litany of questions to consider: how is the retail sector reacting to the new ATH? What moves are BTC whales making? And perhaps most importantly - how sustainable is the current rally from a fundamental point of view?

In Santiment’s weekly Pro report, we dive deep into Bitcoin’s latest social and on-chain data, and what it suggests about the current state of the crypto market:

Where's all the hype?

What’s been particularly interesting about Bitcoin’s latest foray into price discovery is the very noticeable lack of retail euphora in our social metrics.

According to text data collected from over 1000 crypto social media channels, the amount of Bitcoin-related mentions have been surprisingly timid over the past

There’s more of this Insight

Choose your subscription plan

Sanbase PRO

Unlock all PRO insights

Years of market experience, compressed in each report

Since 2017, Santiment has been an industry leader in on-chain data, social intelligence and behavior-based analysis of the crypto market.

Our tools have a proven track record of timing price tops for cryptocurrencies, helping traders find profitable exit points and mitigate HODLing risk.

Our previous TOP calls:
WAVES crowd sentiment patternMATIC charts a new ATH: is the top in?ICX insanity. How far could it go?
insight card
signal form

What you get with Sanbase Pro:

  • Members-only daily market insights and analysis
  • 30+ on-chain, social & project indicators for 900 cryptocurrencies
  • Custom alerts for the coins' price, on-chain & social trends
  • Santiment Spreadsheet plugin with 10+ pre-made market templates
  • Personalized asset watchlists and weekly performance reports

Gain unfair advantage with Sanbase Pro

Subscribe to Sanbase Pro for access to exclusive insights, market-beating metrics, strategies and templates!

Assets from this insight

Bitcoin logo


$ 36963.57

7.44%in last 7d