Mehdimp

@mraltcoiner

2150 Following

1232 Followers

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Spammer mini app by @mvr

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Ethereum (ETH) supply on cryptocurrency exchanges fell below 4.9% for the first time in history; Bitcoin (BTC) supply on exchanges also fell to 7.1%, the lowest level since November 2018.

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With the resistance breakdown, Ethereum is expected to complete its bullish cycle and the final price increase of this cryptocurrency is on the way.

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Ethereum (ETH) whales are accumulating heavily, with hoarding addresses reaching an all-time high; there is no hype, just concentrated buying.

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Where do you rank on The Leaderboard?

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The value of 1 Bitcoin is now approximately equal to 1 kilogram of pure gold, equivalent to about $102.9 thousand; is Bitcoin really the new gold?

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Based on the distribution chart, 5 % bitcoin is available to individuals; The lost bitcoin is 4.9 %, 4.3 % still extracted, 4.9 percent in Satoshi wallets, 4.9 percent in tradable funds (ETFs), and 4.9 percent to governments.

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Bitcoin Dominance and ETH/BTC Index Reverse According to the theory of Merlijn The Trader, analyst on the X platform, Bitcoin Dominance has now reached a heavy supply range, while the Ethereum to Bitcoin (ETH/BTC) ratio has reached a strong demand range. According to this theory, if Bitcoin Dominance declines from its current levels, altcoins will start a new uptrend, with Ethereum likely leading the way.

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🎯 Mehdimp just completed a 2-day check-in streak on WrapAI! Earned 40 points today.

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Heavy Bitcoin Withdrawals from Exchanges According to data from Anchin Crypto Quant, large amounts of Bitcoin have recently been withdrawn from cryptocurrency exchanges, indicating continued buying by large whales in the market. - Part of this buying pressure could be due to a decline in US inflation and a positive signal to risk-on markets like crypto.

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Bitcoin's historical pattern is repeating itself again! According to the theory of the Titan of crypto analyst, the price of Bitcoin follows the global money supply index (M2) exactly, and based on this index, there is a possibility that Bitcoin's upward trend will continue.

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In the past month, about 110,000 Bitcoins have been removed from cryptocurrency exchanges.

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🎯 Mehdimp just completed a 1-day check-in streak on WrapAI! Earned 10 points today.

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Massive Ethereum Hoarding by Abraxas Capital! Abraxas Capital has withdrawn and hoarded 185,309 Ethereum worth $399 million from cryptocurrency exchanges in the past 3 days. This massive Ethereum hoarding coincided with a 44% increase in the price of Ether from $1,800 to $2,600.

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Bitcoin MACD Golden Crossover on Weekly Timeframe! According to Crypto Rover analyst, Bitcoin’s MACD has made a bullish crossover on the weekly time frame, and this has led to Bitcoin’s growth of over 90% in the past!

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✨ Total liquidity inflows into Bitcoin spot exchange-traded funds (ETFs) hit a new record of $40.62 billion.

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Pectra Update Live on Ethereum Mainnet ✨Pectra Update has officially gone live on Ethereum Mainnet. The update includes several important features: - Enables new Smart Account Wallets UI features - Doubles the capacity of L2 Data Blobs - Improved user experience for Validators

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Whales are buying Bitcoin at an unprecedented rate According to data released by analytics platform CryptoQuant, the total Bitcoin holdings in whale wallets (addresses with high holdings excluding exchanges and mining pools) are increasing significantly. A recent chart shows that whale accumulation has accelerated in recent months, reaching the highest levels in several years.

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Bitcoin and the repetition of a historical pattern According to the theory of the analyst of Rekt Capital, Bitcoin has been repeating a similar pattern in the recent upward wave. This time, the scenario in the current conditions includes a breakdown of the range of $97-99 thousand, a break through $104.5 thousand, consolidation of the support of $97-99 thousand and then a move to a new historical high.

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Spark, a second-layer Bitcoin platform that is compatible with the Lightning Network, has launched on the mainnet. David Marcus, CEO of LightSpark and former head of PayPal, described it as the fastest and cheapest way to build financial applications on Bitcoin.

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