The Week On-Chain: Bitcoin Rallies Back Over $30k, Driven by Spot, or Leverage? (Bitcoin Analysis)
🚀 Start your Glassnode Advanced free trial today: https://glassno.de/3QFXu0S
📟 Spotting Cycle Tops and Bottoms Dashboard: https://glassno.de/cycleextreme
🐻 Recovering From a Bitcoin Bear Dashboard: https://glassno.de/recoveringbear
♟️ Mastering MVRV Dashboard: https://glassno.de/3IRQB9k
🏦 Exchanges Dashboard: https://glassno.de/3RimWJY
💸 Realized Profit Loss Dashboard: https://glassno.de/3H6c8dz
💵 Pricing Models Dashboard: https://glassno.de/3J9hVkW
🌊 HODL Wave Dynamics: https://glassno.de/3xzSmTn
📈 Bitcoin Price Performance Dashboard: https://glassno.de/3UwBRCf
Bitcoin has rallied above the $30k level this week, posting the strongest YTD returns since the Nov 2021 ATH. In this weeks report, we analyse whether this move was driven by leverage in derivatives markets, or spot demand.
📰 Shanghai Sell-Side Report: https://glassno.de/3Gvg5bV
🪟 Live Dashboard: https://glassno.de/414zrgC
🦐 Shrimp Supply Sink Report: https://glassno.de/41hmhgp
💬 Forum Market Pulses: https://glassno.de/3D0uqfC
🗜️ Visit Workbench Pre-sets: https://glassno.de/3e7ngMv
Topics for Discussion:
- Analysis of futures and options open interest and leverage.
- Monitoring funding rates, and options speculative premium.
- Observations regarding the uptick in on-chain activity.
- Measuring balance change for Shrimp, Whales and Exchanges.
Getting Started with Glassnode:
📈 Navigating Tops and Bottoms: https://glassno.de/3OpgSgA
⛓️ On-chain Activity: https://glassno.de/3xXM13Q
⛏️ Mining Fundamentals: https://glassno.de/3nnfL5m
🪙 Supply Dynamics: https://glassno.de/3NyhPlK
🕰️ Introduction to Lifespan: https://glassno.de/3ehCmzn
💸 Realized and Unrealized Value: https://glassno.de/3ExnCa1
👴 Long and Short-Term Holders: https://glassno.de/3QLUzCt
Timestamps
0:00 Introduction
2:20 Shanghai Sell-Side Report
4:34 Quarterly Price Perfromance
6:00 Futures and Options Open Interest
8:35 Options Open Interest by Strike Price
10:45 Futures Funding Rates
12:25 Futures Liquidations
13:27 New Address and Volume Momentum
15:08 Transaction Counts
16:12 Exchange Volume Momentum
16:46 aSOPR
19:20 Realized P/L Ratio
21:17 Entity Yearly Absorption Rates
24:20 Accumulation Trend Score
25:30 Summary and Conclusions
Follow us and reach out on Twitter 🐦: https://twitter.com/glassnode
Join our Telegram channel: https://t.me/glassnode
For on-chain metrics and charts, visit Glassnode Studio: https://glassno.de/3oRNXaf
Join the discussion on Glassnode Forum: https://glassno.de/3y1lCl5
About:
The Glassnode video report provides a weekly analysis update of the trends, performance, and onchain metrics for Bitcoin and the crypto market.
Disclaimer:
This report does not provide any investment advice. All data is provided for information purposes only. No investment decision shall be based on the information provided here and you are solely responsible for your own investment decisions.
-
1:03:39
The Quartering
3 hours agoBiden To be REPLACED By Kamala Harris & Trump Just Keeps Winning!
22.8K37 -
DVR
Benny Johnson
1 hour ago🚨 PANIC: White House Holds SURPRISE Press Conference LIVE Right Now! Is Joe Biden RESIGNING Live!?
16K184 -
46:14
Candace Owens
22 hours agoLiterally Hitler. Why Can't We Talk About Him? | Candace Ep 17
17.2K113 -
12:02
Gamers Unbeaten
6 hours agoHow Street Fighter Explains Globalization | Deep Thoughts While Gaming
3.07K2 -
LIVE
HotepTV
1 hour agoKamala Harris may be in the lead for Democrat Candidate - The Grift Report
559 watching -
DVR
The Kevin Trudeau Show
1 hour agoThe Kevin Trudeau Show LIVE
6726 -
2:57:39
The Charlie Kirk Show
3 hours agoPresident Kamala?!? + The British Election + July 4 History | Scharf, Giuliani, Farage, Kassam
69.2K50 -
1:31:54
Russell Brand
5 hours agoTHEY’RE REPLACING BIDEN? | Dems REVOLT against Joe and Push for Kamala - Stay Free 399
118K259 -
1:06:29
Ben Shapiro
5 hours agoEp. 1997 - MOMENTUM: Enraged Democrats Prepare To THROW BIDEN OUT
54.6K28 -
18:37
Neil
2 hours agoTHEY CAN’T HIDE THIS ANYMORE, IT’S TOO OBVIOUS NOW...
12.1K2