Bitcoin's easing into consolidation. Selling has cooled, futures longs are piling back in, and options traders aren't as spooked about downside anymore. ETF outflows are drying up too. Hot capital is creeping back though, which could stir up volatility even as profits climb.
Read this week’s Market Pulse👇
Read this week’s Market Pulse👇
👍11❤4🔥3🤣1
Bottom Building in Progress
Bitcoin remains in deep value after five months below key investor cost bases. LTH capitulation has peaked at $280M/day while ETF flows stay net negative. Derivatives lean cautiously long, but the options surface still prices downside. The bottoming process is advancing, not yet complete.
Read the full Week On-Chain👇
Bitcoin remains in deep value after five months below key investor cost bases. LTH capitulation has peaked at $280M/day while ETF flows stay net negative. Derivatives lean cautiously long, but the options surface still prices downside. The bottoming process is advancing, not yet complete.
Read the full Week On-Chain👇
❤25👍13🤨3🤔2🤪2
$BTC recovered toward $64K, but weak spot participation and subdued on-chain activity suggest the move lacks broad conviction. Institutions are returning, while options remain defensive.
Read this week’s Market Pulse👇
Read this week’s Market Pulse👇
👍14🦄5❤3🔥2
Robinhood Chain produces a block every 100 ms.
We measure transaction-submission latency from probes around the world.
Ohio: 3 ms
Virginia: 18 ms
Chicago: 27 ms
London: 91 ms
Tokyo: 140 ms
Sydney: 200 ms
Proximity provides up to 2 blocks worth of edge. Traders in the US could be frontrunning those across the world with ease.
Live map for all chains →
We measure transaction-submission latency from probes around the world.
Ohio: 3 ms
Virginia: 18 ms
Chicago: 27 ms
London: 91 ms
Tokyo: 140 ms
Sydney: 200 ms
Proximity provides up to 2 blocks worth of edge. Traders in the US could be frontrunning those across the world with ease.
Live map for all chains →
🤔13❤5🤯2😴1
Trading activity in US spot ETFs sits in a quiet regime. Volumes are down 78% from the peak and below 2024 levels. A sustained recovery in $BTC price momentum would likely require attention and market participation to return from other asset classes.
📊https://glassno.de/4pDBa9P
📊https://glassno.de/4pDBa9P
❤12🔥1
Top traders on Hyperliquid are aggressively long $BTC, showing some of the highest sustained long positioning we’ve recorded. This exposure exceeds what was seen during the last run to around $83k, pointing to strong speculative demand at these levels.
📊https://glassno.de/4wGsPnV
📊https://glassno.de/4wGsPnV
🔥16❤6🌚5👻3👍2
Green Shoots
Bitcoin's bottom is still building, but its character is shifting. Long-term holder capitulation is cooling, buyers absorbed the June lows, and price is climbing back toward the levels that capped it
Read the full Week On-Chain👇
Bitcoin's bottom is still building, but its character is shifting. Long-term holder capitulation is cooling, buyers absorbed the June lows, and price is climbing back toward the levels that capped it
Read the full Week On-Chain👇
👍9❤4🔥4🤣2
Adding to the sell-side pressure from LTH loss realization, short-term holders who bought near the recent lows are now taking profit at volumes last seen close to the peak in May.
Two forces anchoring the rally simultaneously:
1- Cycle-top buyers reducing losses into strength
2- Local-low buyers locking in gains.
Both are selling into the same price recovery.
📉 http://glassno.de/btc-sth-realized-profit
Quoting cryptovizart:
As price rallies toward $66k, LTH realized loss volume is spiking!
Cycle-top buyers are using the relief rally as an exit opportunity, locking in losses at a smaller margin than the sub-60k lows allowed. Selling into strength rather than waiting for recovery is a pattern consistent with exhausted conviction among underwater long-term holders.
📉 http://glassno.de/btc-lth-realized-loss
Two forces anchoring the rally simultaneously:
1- Cycle-top buyers reducing losses into strength
2- Local-low buyers locking in gains.
Both are selling into the same price recovery.
📉 http://glassno.de/btc-sth-realized-profit
Quoting cryptovizart:
As price rallies toward $66k, LTH realized loss volume is spiking!
Cycle-top buyers are using the relief rally as an exit opportunity, locking in losses at a smaller margin than the sub-60k lows allowed. Selling into strength rather than waiting for recovery is a pattern consistent with exhausted conviction among underwater long-term holders.
📉 http://glassno.de/btc-lth-realized-loss
👀7❤5🔥4👍2🤯2