#bitcoin onchain data

[pavel-nosok]

Onchain metric suggests market similarities between now and June’s Terra collapse

Onchain metric suggests market similarities between now and June’s Terra collapse

In June 2022, following the Terra collapse, the demand for puts rose while implied volatility collapsed, the same as in the recent crypto bear market after the fall of FTX.  The performance of the options market and implied volatility both reflected a strong correlation to the collapse of the Terra blockchain. These elements can provide important insights into the behavior of the crypto market,…

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[pavel-nosok]

Bitcoin flashes another bottom signal as aSOPR hits lowest since 2018

Bitcoin flashes another bottom signal as aSOPR hits lowest since 2018

The  Adjusted Spent Output Profit Ratio (aSOPR), a metric that indicates whether holders are selling at a profit or loss, recorded a downward trajectory below the 1-level, which suggests investors are selling their positions at massive losses.  According to CryptoSlate analysis, the aSOPR provided by Glassnode usually signals the transition to a bull market when investors realize high losses…

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[pavel-nosok]

Over 8% Bitcoin supply was bought between $15.5K and $17K

Over 8% Bitcoin supply was bought between $15.5K and $17K

The UTXO Realized Price Distribution (URPD), a metric for indicating the percentage of BTC supply across a specified market price, indicated 8% of the Bitcoin supply was bought between $15,500 and $17,000, according to data analyzed by CryptoSlate. An interpretation is determined by averaging the cost of acquiring Bitcoin holdings, with which the analysts arrive at the volume of holders facing…

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