Glassnode

6 Articles 0 Followers


BTC On-Chain Analysis - Willy Woo Says Insufficient Sell-Side Pressure!

25 Sep 2020 1 minute read 1 comment Sapphire Crypto

Crypto Is Not Stocks If you are a Crypto trader and you are only relying on TA and news events to trade Bitcoin, you are missing out on one of the most important metrics to help you navigate your trades! On-chain analysis is a very insightful metric...

Glassnode: over 13,000 wallets store bitcoins worth more than $ 1 million

13 Jul 2020 1 minute read 0 comments Kluma

Glassnode analyst firm reports that there are currently over 13,000 Bitcoin addresses storing coins worth more than $ 1 million. At current prices, it takes about 107 BTC to become a dollar millionaire. Since this indicator depends on the price of...

83% of bitcoin addresses are - so far - profitable!

24 Jun 2020 1 minute read 0 comments Aristos

According to Glassnode, at least 83% of bitcoin addresses are in a state of profitability.   After the 'slump' of March 12, which was called by fans of catchy titles as 'Black Thursday', we have a rise of 43%. Back then, only 45% of all bitcoin addre...

Glassnode says 83% of Crypto Addresses are Currently Profitable

24 Jun 2020 1 minute read 0 comments Abhimanyu Krishnan

Blockchain data analytics firm Glassnode has reported new data that shows 83% of cryptocurrency addresses are currently profitable. This is a significant increase from the 2020 low point of March 12, also known as “Black Thursday”, when roughly 45% o...

The number of wallets with 1000 BTC may indicate that Bitcoin will soon rise in price

16 Jun 2020 1 minute read 0 comments Kluma

The number of large investors rose to the level of 2017, when the price of the first cryptocurrency rose from $ 3,000 to $ 20,000The number of addresses containing at least 1000 BTC or $ 9.5 million increased to 1882. Thus, this figure reached the le...

A Guide to Using Glassnode For On-Chain Analysis

16 Apr 2020 3 minute read 0 comments Tejas19

GLASSNODE Glassnode is a blockchain data that generates on-chain metrics and tools for users to look at Bitcoin and Ethereum from a different perspective. It can be used for obtaining more information which cannot generally be obtained from regular c...