Ethereum Whales Are Not Dead: The $400 Million Move That Shows What’s Going On

Ethereum whales have continued to accumulate despite the current downtrend in the ETH price, providing a bullish outlook for the second-largest crypto by market cap. Notably, ETH withdrawals from exchanges recently reached their highest level since October last year, totaling over $400 million.  Ethereum Whales Accelerate Withdrawals From Exchanges Crypto analyst Arab Chain noted in… Continue reading Ethereum Whales Are Not Dead: The $400 Million Move That Shows What’s Going On

Ethereum Open Interest Declines Across Exchanges, Binance Stands Out — Details

For most of the week, the Ethereum price has remained in a range-bound spell, putting in no significant movement outside of the $3,000 and $2,880 price boundaries. Amid rising speculations, an on-chain analysis has recently been put out, which provides an answer to the question. Open Interest Across Exchanges Falls To $17 Billion In their… Continue reading Ethereum Open Interest Declines Across Exchanges, Binance Stands Out — Details

Ethereum Futures Volume Hits Highest Level On Binance Since Mid-December — Details

Over the week, Ethereum struggled to sustain any significant move to the upside. Although the second-largest cryptocurrency reclaimed the $3,300 price level, it could not break above $3,400 to continue its path towards higher price levels. As it stands, it appears that the Ether token is taking on a short-term bearish structure. However, an on-chain… Continue reading Ethereum Futures Volume Hits Highest Level On Binance Since Mid-December — Details

XRP Open Interest Crashes To Levels Not Seen Since 2024, Can It Also Rally 600%?

XRP’s open interest has reportedly crashed to lows not seen since last year, when the altcoin surged by around 600%. On-chain analytics platform CryptoQuant noted that this development could be bullish for XRP as it looks to rebound to new highs.  XRP’s Open Interest Drops To Lowest Level Since 2024 In a blog post, CryptoQuant… Continue reading XRP Open Interest Crashes To Levels Not Seen Since 2024, Can It Also Rally 600%?

Ethereum Exchange Supply Just Crashed To New Lows, Why This Is Bullish For Price

CryptoQuant has released a new report, highlighting a significant shift in Ethereum’s exchange supply dynamics and institutional behavior. According to the data, the amount of ETH held on crypto exchanges has crashed to unexpected lows. The decline coincides with growing institutional accumulation, a trend often viewed as an early signal of a bullish price outlook.… Continue reading Ethereum Exchange Supply Just Crashed To New Lows, Why This Is Bullish For Price

Bitcoin Bullish Structure Weakens As Inter-Exchange Liquidity Touches Red Zone – Details

The Bitcoin market is experiencing a gradual trend reversal following weeks of prolonged price correction between October and November. However, recent on-chain data reveals a concerning trend around BTC’s bullish structure. Bitcoin IFP Indicator Suggests Market Has Reached Turning Point  Popular analytics page Arab Chain has shared a cautionary insight on the Bitcoin market despite… Continue reading Bitcoin Bullish Structure Weakens As Inter-Exchange Liquidity Touches Red Zone – Details