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πŸ“ˆ IntoTheBlock: #DeFi users have borrowed in excess of $11 billion, achieving a two-year peak in outstanding loans.
πŸ“‰ #BTC Glassnode: Approximately 22,647 BTC, worth over $1.57 billion, were withdrawn from crypto exchanges in the past week
πŸ•΅β€β™‚πŸ‘€ #ZRO CEO LayerZero: The Nansen model found 60,995 wallets associated with sybils.
πŸ“Š #BTC C.Q.: Investors are not rushing to realize profits, with current figures standing at $40M/30D.

This, in turn, indicates a reduction in selling pressure and potential confidence in the growth of Bitcoin
πŸ₯³ #BMB Binance announced that the number of registered users of the exchange exceeded 200 million.
πŸ’° #RCH The top 5 RCH holders own a total of 2.387 million RCH (~$7.71 million), amounting to 9.55% of the total supply.
Their average purchase price is $0.88, and unrealized profit - $5.6 million.
πŸ“Š #BTC C.Q.: Coinbase currently accounts for 46% of all spot trading. The average trading volume has decreased from 25K BTC/day to 9.7K BTC/day.

In a bull market, this represents a lack of selling pressure (yellow bars), which can stimulate growth.
πŸ’° VanEck analyzed various allocations of assets in investment portfolios

The best risk-adjusted return was provided by a portfolio with 70% #BTC and 30% #ETH
πŸ€” #BTC has never been shorted more than now
πŸ“Š #BTC C.Q.: The average bearish pressure, reflected by the 30DMA Net Taker Volume metric, has weakened from $15M/30D to $1.8M/30D. This was the greatest pressure in the last two years.

It might be the final trigger for the resumption of the rally
πŸ”“πŸ“ Upcoming major releases next week:
#ICP 0.52% ($26.62M) - June 11
#APT 2.58% ($92.17M) - June 12
#IMX 1.72% ($51.06M) - June 14
#BICO 2.46% ($10.1M) - June 14
#CYBER 3.96% ($7.28M) - June 14
#STRK 4.92% ($72.32M) - June 15
#RNDR 0.20% ($7.06M) - June 16
#ARB 3.2% ($89.77M) - June 16
#LMWR 14.74% ($16.57M) - June 16
#UNI 1.39% ($83.14M) - June 16
πŸ“Š #ETH On-chain data from Santiment shows that following the SEC approval of Ethereum ETFs, enthusiasm for ETH surged.

Now, social sentiment has stabilized, which is ideal before these new ETH financial products begin trading.
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πŸ’Š #BTC Promoters of the BTC Prague bitcoin event creatively carried a huge orange bitcoin tablet around Prague
πŸ‘€ Plan Friend.tech to develop your own blockchain leaves users confused cointelegraph.com
πŸ€“ #BTC If the average US household invested 10% of their salary in Bitcoin, starting in January 2020, $39,000 would turn into $131,000.
πŸ‘€ #BTC Bitcoin volatility is within 6% of record low cointelegraph.com
🐳 #BTC whales (with balances from 100 to 1000 BTC) are increasing the number of coins in their balances like never before in their history
πŸ₯³πŸ‘€ #ARB Arbitrum will distribute $215 million in ARB tokens for gaming innovation. cointelegraph.com
πŸ’° DefiLlama: pumpfun earned $1.15 million in the last 24 hours (third-highest total in history).
πŸ“Š More than 3.1 thousand #BTC leaked from Binance and >4.1 thousand from OKX over the past 7 days.
2024/10/02 20:40:55
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