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Join us for our Liquid Lunch episode hosted by Garrett Paymon and Julio Moreno featuring Bob Burnett, Founder & CEO of Barefoot Mining. We unpack effects of the Bitcoin halving on the mining industry and what it means for the market. Dive into the discussion and get ahead. Watch Now | @cryptoquant_official

Bitcoin: Surge in Whale Exchange Inflow “This uptick potentially signifies significant profit-taking by whales amidst the 2024 Bitcoin bull run.” – Link By Phi Deltalytics | @cryptoquant_official

Bitcoin Halving Impact Analysis on Miners After the latest Bitcoin halving, block issuance dropped from 6.26 to 3.125 BTC, slashing daily issuance to just 450 BTC. This significant change initially caused miner revenues to spike to an impressive $100M, driven by peak transaction fees linked to RUNES protocol activities. However, this surge was brief. As excitement around RUNES waned, fees normalized, pulling miner revenues down to around $50M. The normalization coincided with a drop in RUNES' floor price, indicating a decrease in market interest. Despite a consistently high network hashrate of 617 EH/s, hashprice has seen a significant fall, putting financial stress on miners. The initial boost from increased fees post-halving has evaporated, establishing a new norm of reduced daily revenues. For an in-depth analysis on Bitcoin mining, explore to our weekly report. Weekly Report | @cryptoquant_official

Unrealized Whales' Profits “Highlights a significant rise in long-term whales's unrealized profits, suggesting they're holding onto their positions and could impact the market if they start taking profits.” – Link By Woominkyu | @cryptoquant_official

Movement of trend holders from a quarterly perspective is starting to resurge “Movement of this entity can be seen as data for volatility confirmation rather than for price increases or decreases. It appears that volatility is likely to emerge soon.” – Link By Mignolet | @cryptoquant_official

Understanding the Impact: Bitcoin Halving and Puell Multiple Dynamics “With a reduced daily average supply, there may be potentially less selling pressure from miners, which could have implications for prices and network activity.” – Link By joaowedson | @cryptoquant_official

The Bitcoin Halving occurs just once every four years, and to celebrate, we're launching our biggest discount event ever! ⁃ Get 25% off our Annual Advanced Plans ⁃ Enjoy a massive 50% off our Annual Professional Plans This exclusive offer is limited to the first 313 users only! Get your Discount | @cryptoquant_official

We go live today with Bob Burnett of Barefoot Mining! Bob will be sharing his insights on pioneering sustainable and off-grid mining solutions. What you’ll learn: • Technical advancements in Bitcoin mining. • Environmental and economic impacts post-halving. • Sustainable mining practices. • How miners are adapting to decreased rewards. Join us today at 11am ET – Limited availability. Register Now | @cryptoquant_official

Long-term holders are taking profits “Such patterns hint at the likelihood of long-term investors capitalizing on price ascents to realize profits, shedding light on the possible impacts of such profit-taking on market conditions.” – Link By Woominkyu | @cryptoquant_official

Bitcoin transaction fees reached all-time-high “Exceeding US$128 on average, on-chain movement fees reached the highest value in their history.” – Link By caueconomy | @cryptoquant_official

Is Ethereum Ready For A Fresh Impulsive Move? “The market appears poised for the resurgence of either long or short positions, potentially initiating a fresh and decisive market movement in either direction.” – Link By ShayanBTC | @cryptoquant_official

Miners are extremely overpaid “Following the Halving event, the transaction fees for Bitcoin  reached an all-time high, totaling over $80M.” – Link By IT Tech | @cryptoquant_official

The Bitcoin Halving has been completed, reducing miner rewards from 6.25 to 3.125 BTC. The halving only comes once every four years. Therefore, we are launching a Bitcoin discount event! We’re halving our prices, giving up to a 50% discount for the first 313 users. Don't miss out. Secure Your Seat Now | @cryptoquant_official

The Bitcoin Halving is approaching, and $BTC demand has dropped. Let's look into the reasons for this. Traders in the perpetual futures market are locking in gains amid increased volatility and geopolitical concerns. Additionally, there is a noticeable slowdown in Bitcoin acquisition by large holders and ETFs, likely due to market uncertainties and upcoming structural changes from the halving. However, the recent sell-off has reset traders’ unrealized profits, historically a signal of a potential market bottom in bull cycles. Market participants seem to be recalibrating their positions, leading to a decrease in immediate demand and price stabilization. See our weekly crypto report for more. Weekly Report | @cryptoquant_official

Now that BTC halving is approaching, how will miners react? “Some experts have warned that there could be significant downward pressure on the market by miners immediately after the halving. However, looking at the steady increase in outflow during 2023, it appears that miners have been covering operating costs by selling quantities from time to time.” – Link By Yonsei_dent | @cryptoquant_official

Miners Reduce Selling Pressure Ahead of Halving “On average over the last month, around 374 BTC were sent daily to spot exchanges, a value well below the 1388 BTC registered in February.” – Link By caueconomy | @cryptoquant_official

Learn how Bitcoin miners are preparing for reduced rewards following the halving. Dive into their strategies to remain profitable. Join us and special guest, Bob Burnett, founder & CEO of Barefoot Mining for essential insights into Bitcoin mining! Register Now | @cryptoquant_official

Derivative Uncertainty “If the price breaks below $60,000, we might witness a decline to $52,000 before a subsequent rise.” – Link By ShivenMoodley | @cryptoquant_official

Bitcoin Inflows to Accumulation Addresses “Bitcoin inflows to the Accumulation Addresses hit a new all-time high of 27.7k BTC yesterday.” – Link By IT Tech | @cryptoquant_official

Bitcoin in Accumulation Phase Ahead of Halving Bitcoin withdrawals from exchanges have reached their highest level since January 2023, suggesting a major phase of accumulation. Alongside this, market metrics indicate a recent cool-off following a 10% price drop last week, pointing to potential for upcoming price increases. CryptoOnchain highlights that the increase in Bitcoin withdrawals might be in preparation for the expected halving on April 20, often linked with anticipatory holding for price gains. Burak Kesmeci notes a decrease in open interest on derivatives exchanges from $18 billion to $14.2 billion, indicating less leveraged trading and possibly leading to market stabilization. CoinLupin points out that Bitcoin is now in the Short-Term Holder Spent Output Profit Ratio (STH SOPR) support zone, offering a potential buying opportunity as short-term holders start to sell, historically preceding price rises. Live Dashboard | @cryptoquant_official

Why Should You Be Cautious? feat. MVRV “The market is still at an MVRV level of 2.23, which is more than double the average on-chain purchase price. If a similar pattern to the past occurs, a correction of around -20% is possible.” – Link By CoinLupin | @cryptoquant_official

Pre-Halving Price Fluctuations “It's essential to recognize that before each halving cycle, there's typically a price collapse, a pattern we've highlighted numerous times in the past.” – Link By Tarekonchain | @cryptoquant_official

Why is there still a high probability of more price correction in Bitcoin? “The Bitcoin price has risen by more than 300% since the last time the market was discounted, and in all the brief 20% corrections along the way there hasn't been a premium period like now.” – Link By G a a h | @cryptoquant_official

Bitcoin Price Above STH Whales' Realized Price “This indicates strong demand for Bitcoin, while also highlighting the greater returns of long-term investment.” – Link tugbachain | @cryptoquant_official

Bitcoin recently dropped from $71k to $65k. If the correction persists, keep an eye on key metrics like traders' unrealized profit margins and the realized price. These have signaled weakness since late March. Live Dashboard | @cryptoquant_official

Back to December 2020 “It seems there is room for a more significant rise in this cycle as liquidity expands with the increasing greed of STHs and experienced investors gradually realizing their profits.” – Link By Gustavo Faria | @cryptoquant_official

Bitcoin's Surge in Demand Takes Center Stage As we approach the next Bitcoin halving, it's clear the market dynamics are evolving. Traditionally, halvings have signaled potential price increases as the rate of new Bitcoin entering circulation is halved. However, the impact of these events may be lessening as these new issuances become a smaller fraction of the total available Bitcoin. Key Observations • Diminishing Impact: The influence of halvings on Bitcoin's price is reducing over time as the effect of new Bitcoin issuance decreases in significance compared to activities by long-term holders. • Whale Activity: Demand from large Bitcoin holders (whales) has surged, recording an 11% increase month-over-month – the highest ever. • Permanent Holders: The acquisition of Bitcoin by permanent holders is now outpacing the rate of new Bitcoin being mined, indicating a robust demand-driven market. Forward Outlook The shift in dynamics suggests that demand factors, driven by both whales and long-term holders, are becoming increasingly pivotal compared to traditional supply cuts. See our real-time dashboard for all the demand trends. Live Dashboard | @cryptoquant_official

The market is still hot, could more price correction come to Bitcoin before a new ATH? “It's a dangerous price region for leveraged traders and if pressured could trigger a deeper correction breaking the current price structure.” – Link By G a a h | @cryptoquant_official

Introducing Our Latest Blockchain Analytics Feature! Enhance your analysis beyond simple wallet tracking. With our new feature, you have the power to monitor institutions, whales, and miners in unparalleled detail. Simplify Your Analysis: Our Cohort tool makes it easy to track whales, ETFs, and accumulating addresses. Use preset cohorts for effortless monitoring and deep insights into blockchain's key segments. Custom Cohorts, Tailored Insights: Simply import your own addresses for personalized clustering. Dive into metrics like PnL for insights that cater to your unique interests, all with easy customization. Visualize Like Never Before: Our tool not only allows you to create custom cohorts but also offers extensive options to customize your visualizations. Tailor everything to fit your analysis. For a limited time only, enjoy free access. Don't miss out on actionable, data-driven insights. Start Creating Cohorts | @cryptoquant_official

The peak of a bull market is determined by the influx of new investors “Even conservatively, we can expect that the market has not yet reached its peak, and since we can now expect additional inflows from US spot Bitcoin ETFs, we could see a sharp further rise in Bitcoin in 2024.” – Link By Crypto Dan | @cryptoquant_official

Analysis of Bitcoin Price, Volatility and Coinbase Premium Index since Bitcoin Spot ETF's Approval “Since January 10, 2024, CPI has been the most significant factor driving Bitcoin's price increase.” – Link By burakkesmeci | @cryptoquant_official

Discover how Layer 2 solutions are making Bitcoin faster and ready for the future. Dan Held breaks it all down for us. If you're curious about the next big thing in crypto, this one's for you. You can watch the full episode on YouTube now. Watch Now | @cryptoquant_official

BTC demand growth seems to be a major driver of higher prices post-halving. In past cycles, Bitcoin demand growth from large holders/whales (violet area) has spiked, fueling the price rally. Currently, demand growth is around the highest ever (11% MoM). Live Dashboard | @cryptoquant_official

Analyzing Ethereum's Futures market Sentiment: Is A Renewed Bullish Surge Coming? “Considering these metrics, the market appears poised for another significant move in the mid-term, with the potential for long positions to be reinstated in the perpetual market. This suggests a favourable outlook for Ethereum's price trajectory” – Link By ShayanBTC | @cryptoquant_official

Why is the Bitcoin price recovering? “Additionally, we can see huge BTC inflows to the accumulation addresses, and their reserves hit an all-time high.” – Link By IT Tech | @cryptoquant_official

Bitcoin Halving is set to challenge miners, cutting rewards to 3.125 BTC. As revenues hit record highs and competition intensifies, staying profitable demands innovation. Revenue vs. Hashprice: Miners are seeing daily revenues peak, yet hashprice has fallen 30% since the last halving, decreasing earnings per hash. Transaction fees have also dropped significantly, adding pressure on profitability as the halving draws near. The competition is fiercer, with the Bitcoin network's hashrate climbing, showing more miners are in the race for the same rewards. In response, some miners have increased their BTC sales, with daily sales to OTC desks reaching 1.6K Bitcoin in late March, the highest since August 2023. As the halving approaches, adapting to reduced revenues and heightened competition is crucial. Miners' success will hinge on their ability to innovate and optimize operations. This period may lead to a mining landscape that favors consolidation and sustainable energy solutions. ⬇️ Explore our dashboard for more insights. Weekly Crypto Report | @cryptoquant_official

Introducing Preset Alerts: Stay ahead with real-time market insights from top analysts. 🔍 Key Alerts Include: - Market sentiment & institutional Bitcoin accumulation via OTC. - Whale movements for potential short-term reversals or major trends. - Bitcoin miners' large outflows & OTC selling activities. 🚀 Features: - Alerts via email, Telegram, or browser. - One-click subscription to preset alerts. 📈 Be in the know. Sign up for free today and navigate bull market shifts with confidence. Set Alerts | @cryptoquant_official

Tracking Bitcoin All Exchanges Netflow 365 SMA can Help us Understand the Trend “As of now, the 365SMA is around -900, which shows us that the bulls are very strong.” – Link By burakkesmeci | @cryptoquant_official

Bitcoin Correction Analysis: Assessing Short-Term Investor Sentiment Amid Market Volatility “It means that selling pressure is weakening. Weak hands have sold off, and the market is waiting to see what happens next.” – Link By IT Tech | @cryptoquant_official

Bitcoin, Digesting Profit Realization Volume “Currently, Bitcoin has reached the peak of the 2021 bull market and is digesting profit realization volume.” – Link By Crypto Dan | @cryptoquant_official

With increasing US institutional interest in Bitcoin, the futures market is indicating potential volatility ahead. Could this lead to a buying opportunity? Here are the insights from our analysts ⬇️ Maartun points out the rising Coinbase Premium as a clear sign that US institutions are actively buying Bitcoin. This premium, which shows the price difference between Coinbase and global exchanges, signals strong institutional engagement, particularly with the rise in U.S. bitcoin ETF inflows. burakkesmeci observed a significant movement of Bitcoin off exchanges, totaling nearly 18,828 BTC. This likely indicates that institutions are moving their holdings to private wallets, suggesting a possible supply shock on the horizon. Crypto Sunmoon highlights the unprecedented duration of positive bitcoin futures funding rates, indicating a strong bullish sentiment. This kind of optimism has historically preceded price corrections, suggesting a potential buying opportunity might follow. Our dashboard provides insights into institutional Bitcoin buying trends, including Coinbase inflows, whale activity, and trading dominance. Institutional Dashboard | @cryptoquant_official

Analyzing Bitcoin's Futures Market Sentiment: Is A Renewed Surge On The Horizon? “Such a development can be interpreted as positive in the long term, as it alleviates the pressure for further liquidations and fosters conditions conducive to a sustainable uptrend.” – Link By Shayan_7 | @cryptoquant_official

BTC Selloff: Insights From CDD “A sudden upswing in CDD could signify heightened activity among long-term holders, potentially in response to shifting market dynamics or alterations in investor sentiment.” – Link By OnChained | @cryptoquant_official

Binance OI Finally Getting Fluhshed “As Binance has one of the lowest whale ratio among CEX, the flush in Binance OI is signalling that the retail investors are starting to abandon their longs.” – Link By BQYouTube | @cryptoquant_official

The Second Biggest Bitcoin Outflow From Coinbase in A Week “In a week there were 2 different two huges outflows. The first one is about 16.8K and the second one 17K.” – Link By burakkesmeci | @cryptoquant_officia

Pump Incoming? Highest USDC Inflow ever “This sizable deposit signals potentially significant buying pressure, as these stablecoins can be utilized to purchase bitcoin.” – Link By maartunn | @cryptoquant_official

Explore Bitcoin's next-level features with Dan Held! Learn about how Layer 2 is changing the game for Bitcoin, making it faster and ready for the future. This is your chance to level up your knowledge on Layer 2s in our interactive webinar. Join us! 🗓 Date: March 28th 🕛 Time: 12pm ET Register Now | @cryptoquant_official

2024 sees Bitcoin demand surge from 40K to 213K monthly, driven by ETF buys and whale activity, while supply tightens to 2.7 million. This crunch points to rising prices but also hints at a volatile market ahead. • ETFs & Whales Boost Demand: ETF holdings rise, whales accumulate, stressing the supply further. • Supply at a Low: Visible Bitcoin at its lowest, highlighting a severe liquidity squeeze. • Grayscale's Role: With significant redemptions, Grayscale's holdings impact sell-side liquidity, marking a critical low since February 2018. In this liquidity crunch, expect potential short-term price spikes but prepare for the volatility. View our weekly report for all the insights. Weekly Report | @cryptoquant_official

Exchange Stablecoins Ratio at the lowest level since March 2023 “This issue shows the possibility of break-up of the swing range at the same time as halving.” – Link By OnChained | @cryptoquant_official

Robust Accumulation by Bitcoin Short-term Holders “Based on this metric, now 50% of the realized Bitcoin cap belongs to short-term holders, who tend to hold onto their Bitcoins for longer periods.” – Link By Crazzyblockk | @cryptoquant_official

Explore Bitcoin's next-level features with Dan Held! Learn about how Layer 2 is changing the game for Bitcoin, making it faster and ready for the future. This is your chance to level up your knowledge on Layer 2s in our interactive webinar. Join us! 🗓 Date: March 28th 🕛 Time: 12pm ET Register Now | @cryptoquant_official