Surveying Bitcoin at the end of Q3 | Santiment Weekly Pro Report

After a full week of price ranging and the latest regulatory scare from China, the mainstream Bitcoin sentiment seems to be (finally) turning dark.

At the same time, the weekend has seen some major anomalies in Bitcoin’s on-chain data, with significant spikes in age consumed, ‘whale’ holdings and (potentially) exchange inflow.

What does it all mean for Bitcoin as we enter into the fourth quarter of 2021?

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:

Euphoria dampens

The initial excitement of many retail traders at the prospect of buying this Bitcon dip may now be giving way to a more distressed narrative.

This, at least, is what the text data from over 1000 crypto-related social channels seems to suggest. Based on

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:
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!