
Research: The market is ripe with signs of capitulation, but Bitcoin is holding its ground
Several on-chain indicators show that Bitcoin could be nearing the end of its capitulation period.
Read crypto research, data-driven reports, on-chain studies, and analytical deep dives into Bitcoin, Ethereum, and Web3 trends.

The 65% illiquid supply illustrates an interesting trend — investors are holding their coins both through bull markets and crypto winters.

Accumulation addresses have grown by 18% since the beginning of 2022, reaching an all-time high of 700,000 addresses.

Bearish signals within the U.S. economy show consumer savings at a decade low and consumer credit at a 22 year high — could Bitcoin be the solution?

Users drawn in by the bull market are riding out the bear market and resuming their activity once conditions improve.

More than 75% of all Bitcoin in existence — 14.8 million BTC — is currently held in cold storage or non-custodial wallets.

Short-term Bitcoin holders buy between $17k and $48k with elevated buying from addresses owning less than 1 BTC around the $20k level.



