Analysts issue a warning that the high levels of profit currently seen in major cryptocurrencies could trigger a wave of selling and subsequent price drops. This potential downturn […]
XRP’s Largest Profit-Taking Event in 8 Months Hits $375 Million
Recent data from Glassnode reveals that XRP holders realized the highest profits in almost a year, with a whopping $375 million in profit being distributed on July 24th. […]
Market Contraction: Long-Term Investors Realize Substantial Profits
A market contraction is becoming evident, primarily driven by substantial profits realized from investors who held assets for over a month. Data indicates that Bitcoin holders with positions […]
Bitcoin Faces Profit-Taking Pressure as $2.2 Billion Shorts Risk Liquidation
Despite strong whale accumulation, Bitcoin may struggle to reclaim its record high due to profit-taking pressures intensifying in the market. Santiment, a leading on-chain analytics platform, points to […]
Ethereum Profit Taking On The Rise: Short-Term Investors See Opportunity
Ethereum prices have stabilized around $4,300, prompting some short-term traders to take profits. This trend is reflected in the increasing number of ETH being liquidated as analysts see […]
Short-Term ETH Investors Reap Massive Profits, Fueling Market Surge
Ethereum’s profits have surged to $553 million per day, a significant increase from earlier lows. This surge is largely driven by short-term investors capitalizing on the recent price […]
CELO Soars 20%, Driving Profit Taking Amid Bullish Momentum
CELO is experiencing a surge in price, climbing more than 20% over the past week and prompting an analysis of its current bullish trend. Crypto analyst Crypto Patel […]
Bitcoin, Ether, Dogecoin Witness Profit-Taking Amid Market Volatility
Cryptocurrency markets are experiencing profit-taking amid positive economic indicators. Traders are adjusting their portfolios as signs of optimism emerge, with Bitcoin trading above $107,000 despite recent market corrections. […]
Bitcoin Investors Hit Profit Highs After Record-Breaking Rally
Bitcoin investors have embarked on a wave of profit-taking following the cryptocurrency’s recent all-time high above $111,000. While Bitcoin has since retreated to around $105,000, traders are capitalizing […]
Ethereum Rally Hit by Resistance Near $2,580 as Profit-Taking Occurs
Ethereum experienced a notable surge from $1,800 to $2,500 driven by low concentration of holdings in that price range, according to on-chain data from Glassnode. However, this upward […]
Bitcoin Undervalued? Key Indicator Signals Profit-Taking Phase.
While Bitcoin has rallied past the $85K-$70K accumulation range to regain the $100K milestone, a key on-chain indicator suggests potential profit-taking. The Short-Term Holder Spent Output Profit Ratio […]
Bitcoin Holders Brace for Potential Profit-Taking as Market Uncertainty Looms
A recent report by on-chain analytics firm Glassnode reveals that long-term Bitcoin holders (LTH) holding the cryptocurrency for over six months are currently in a position to realize […]