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Bitcoin Plummets To $59,000, On-Chain Data Reveals Why

[Aug 28 8:30 PM] Bitcoin has observed a plunge to the $59,000 level during the past day. Here’s what could be behind it, according to on-chain data. Bitcoin Exchange Inflow Spiked Just Before The Crash In a new post on X, CryptoQuant Head of Research Julio…

Bitcoin Observes Pullback To $58,000: Is This The Cause?

[Aug 15 10:30 PM] Bitcoin has observed a pullback down to the $58,000 level during the past day. Here’s what could be the cause behind it, according to on-chain data. Exchanges Have Seen A Large Amount Of Tether Withdrawals Recently According to data from the…

Retail Losing Interest In Bitcoin? Volume Plunges 30%

[Jun 27 7:00 PM] On-chain data shows the Bitcoin transfer volume of retail investors has seen a sharp decline recently, a sign that this group may be losing interest. Bitcoin Volume For Retail-Sized Transactions Has Plunged Recently As explained by CrypoQuant…

Bitcoin To $53,200? Why History Says It’s Possible

[Mar 15 1:00 PM] As Bitcoin drops below $68,000, history suggests this correction is rather tame for bull markets, as plunges to this deep on-chain level have been the norm. Bitcoin Short-Term Holder Realized Price Is Currently Around $53,200 As pointed out by…

Bitcoin Could Plunge To $30,200 If This Level Is Lost: Analyst

[Nov 14, 2023 9:00 AM] On-chain data suggests the next major Bitcoin support level could be at $30,200 if the level pointed out by this analyst is lost. Bitcoin Currently Has Support Levels At $36,400 And $34,300 In a new post on X, analyst Ali has discussed how the…

$113 Million In Longs Get Rekt As Bitcoin Plunges Back To $34,000

[Nov 3, 2023 1:00 PM] Data shows the cryptocurrency longs have taken a beating today because of the plunge towards $34,000 that Bitcoin has observed. Cryptocurrency Futures Market Has Seen Liquidations Totaling $137 Million Today According to data from CoinGlass, a…

Bitcoin Plunges To $26,000 As Miners Sell Big

[Sep 1, 2023 9:00 AM] Bitcoin has plunged towards the $26,000 level as on-chain data shows the Bitcoin mines have been participating in a selloff. Bitcoin Miner To Exchange Flow Has Spiked During The Past Day As pointed out by an analyst in a CryptoQuant post, the…

Bitcoin Plunges Below $27,000 As Miners Show Signs Of Selling

[May 19, 2023 7:36 AM] Bitcoin has now dipped below the $27,000 level as on-chain data shows the miners have possibly been selling the asset recently. Bitcoin Miner Reserve Has Taken A Sharp Plummet Recently As pointed out by an analyst in a CryptoQuant post, miners have…

Bitcoin Plunges Below $27,000, Which Holder Groups Are Selling?

[May 12, 2023 12:07 PM] Bitcoin has plunged below the $27,000 mark during the past day. Here are the market segments that are possibly participating in this selloff. These Bitcoin Investors Have Been Spending Their Coins Recently In a new tweet, the on-chain analytics…

Why Did Bitcoin Plunge? Here’s What On-Chain Data Says

[Mar 10, 2023 7:00 AM] Bitcoin has slipped under the $20,000 level today for the first time in two months. Here’s why this plunge may have taken place, according to on-chain data. Bitcoin Price Dropped With Coinbase Premium Turning Negative As pointed out by an…

Bitcoin Long-Term Holders Dump As BTC Plunges Under $17K

[Dec 17, 2022 4:01 AM] On-chain data shows Bitcoin long-term holders are dumping their coins as BTC plummets below the $17,000 level. Bitcoin Long-Term Holder SOPR Spikes Today As pointed out by an analyst in a CryptoQuant post, some BTC long-term holders seem to have…

Bitcoin To Plunge Further? Long-Term Holders Ramp Up Selling

[Nov 25, 2022 10:00 AM] On-chain data shows Bitcoin long-term holders have ramped up their selling recently, something that could lead to further plunge in the crypto’s price. Bitcoin Exchange Inflow CDD Has Spiked Up Over The Last Day As pointed out by an analyst…