Least amount of Bitcoin on exchanges since the previous bull market top in December 2017
Key Takeaways The balance of Bitcoins on exchanges is in constant decline, now at the lowest point since December 2017 Meanwhile, long-term investors continue to hold, soaking up the supply Coins that have not been touched in 10 years now outnumber those held on exchanges I wrote a piece last week on the exodus of […]
17 straight days of positive realised profit for Bitcoin, the longest streak in a year
On-chain profit metrics have picked up as the Bitcoin price has risen Net realised profits have been positive for 17 days, the longest streak in a year 74% of the Bitcoin supply is in profit, three months after it dipped below 50% after FTX collapsed and the Bitcoin price fell towards $15,000 Volatility has picked […]
US Government Remains a Top Bitcoin Holder With Seized Stash Valued at $5.6 Billion
As of March 25, 2023, the U.S. government held 205,515 bitcoins worth $5.6 billion, which is approximately 1.06% of the circulating supply, according to current statistics. The cache of bitcoins is a result of three forfeitures that began in 2020. Glassnode’s on-chain data reveals that on March 9, about 9,860 bitcoins worth roughly $269 million […]
Uniswap’s new privacy policy sees backlash from decentralization buffs
Uniswap newly released privacy policy comes in light of the FTX crisis, an event that has shined a spotlight on the need for transparency. This post was originally published on this site