Glassnode
Bitcoin Long-Term Holders Control 75% of Circulating Supply: Glassnode
The balance kept in addresses that hold coins for at least 155 days has increased by $1.87 billion this month.
1Inch Token Balance on Centralized Exchanges Surges to $65M
The balance held in wallets tied to centralized exchange has surged by 50% in three days, per Glassnode data.
Bitcoin NFT Interest Spikes Again as Ordinals Cross 350K Daily Inscriptions
Bitcoin Ordinals NFT activity has picked up, crossing 350,000 daily inscriptions on Monday according to data tracked by analytics firm Glassnode. The daily tally has surged by over 250% since Ordinals launchpad Luminex unveiled the Bitcoin Request for Comment (BRC)-69 token standard on July 3. CoinDesk's Jennifer Sanasie presents "The Chart of The Day."
Bitcoin NFTs Back in Spotlight as Ordinals Cross 350K Daily Inscriptions
Bitcoin Ordinals, a method of generating non-fungible tokens (NFTs) through a process called inscribing, debuted in January, bringing the NFT and smart contract narrative to the Bitcoin blockchain.
Large Bitcoin Holders Reluctant to Move Assets on to Centralized Exchanges: Data
Despite a recent increase in bitcoin whales, large BTC holders remain reluctant to move assets on to centralized exchanges, according to data from Glassnode. Bitcoin whales, and whales moving assets on to exchanges have taken separate paths, as large investors seem wary of moving their assets out of cold storage. CoinDesk's Jennifer Sanasie presents "The Chart of The Day."
Bitcoin Is Becoming Illiquid at 147K a Month in Signal of Steady Accumulation: Glassnode
According to Glassnode's illiquid supply change metric, investors remain confident of bitcoin's price prospects, despite continued macroeconomic uncertainty and heightened regulatory risks. The metric, which measures the number of coins held by illiquid wallets on a specific date compared with the same day the previous month, rose to 147,351.58 BTC on Monday, the most since December 19, 2022. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."
Bitcoin Is Becoming Illiquid at 147K a Month in Signal of Steady Accumulation
"The market appears to be in a period of quiet accumulation, which suggests an undercurrent of demand," one analyst said.
Glassnode Data Reveals Ether Held in Exchanges at Lowest Since July 2016
Data from Glassnode shows that 14.85% of all ether was held in wallets owned by centralized exchanges as of Thursday, the lowest level the market has seen since the summer of 2016. Typically, low exchange balances are a bullish sign, indicating that the supply of ether available for purchase is limited, thus putting pressure on prices to increase. CoinDesk's Jenn Sanasie presents "The Chart of the Day."
Ether Balance on Exchanges Nears All-Time Low: Glassnode
The number of ether (ETH) on exchanges has hit a low not seen since July 2016 as staking saps up available ether. Data from Glassnode shows that as of Thursday, 14.85% of all ether was held in wallets owned by centralized exchanges. "The Hash" panel discusses their outlook for the Ethereum network, also citing the continued impact of the historic Shapella upgrade.
Ether Balance on Exchanges Nears All-Time Low
The drop comes as the number of staked ether has surged.
