Glassnode Archives

Bitcoin Whales Are Not Selling Their Cryptocurrency Assets

March 22, 2021

Bitcoin, the world’s largest cryptocurrency asset by market cap, is facing a serious liquidity crisis as BTC whales are not moving their digital assets. During the last 6 months, only 36% of Bitcoin’s suppl...

Bitcoin Whale Addresses Drop Amid Profit Taking

March 20, 2021

Bitcoin’s “rich list” has shrunk over the past month amidst the ongoing rally, as more and more investors seek to take profits on their gains. According to on-chain analytics firm Glassnode, the number of bitc...

Long-Term Investors Are Hodling, With 95% Of Bitcoin Trades Involving ‘Young Coins’

March 16, 2021

According to research by on-chain analytics provider, Glassnode, 95% of the Bitcoin changing hands last was last moved less than three months ago on the blockchain. Glassnode’s March 15 The Week On-Chain rep...

Active Bitcoin Addresses Hit New All-Time High

February 3, 2021

The number of active addresses on the Bitcoin network has hit a new all-time high above 22.3 million last month. The price of the cryptocurrency has surged to a new all-time high during the same period. Acco...

Bitcoin Risks Turning Bearish

May 27, 2020

Bitcoin risks turning bearish. Analytics firm Glassnode has shown that GNI index, which measures the overall state of the Bitcoin network, dropped 18% or 13 points week-on-week, to a value of 60 points. Simul...