By coinspy Over 3,090 BTC, valued at roughly $325 million, were withdrawn from Binance in a single day, highlighting robust accumulation. The MVRV ratio stands at 2.33, below the historical profit-taking threshold, suggesting Bitcoin is not yet overextended. Open Interest in derivatives has jumped 8.32% to $34.87 billion, indicating traders are positioning for increased volatility. […]
Tag: MVRV
By coinspy Cardano (ADA) is experiencing a surge in optimism, with both retail and institutional sentiment turning bullish. Technical analysis highlights an inverse head-and-shoulders pattern, with a crucial resistance at $0.7477. Despite a recent price dip, ADA remains above key support levels, suggesting underlying strength. Liquidity clusters and leveraged positions near $0.70 are creating a […]
By coinspy Long-term Bitcoin holders have slowed their activity, with Coin Days Destroyed (CDD) returning to normal levels after a year of heightened movement. The market is experiencing a period of sideways trading, with Bitcoin consolidating just below the $96,000 resistance. Whale activity shows a dramatic drop in net outflows, hinting at a shift from […]