The Onchain data of Glassnode and IntotheBlock show:
1- The number of transactions has increased
2- The total on-chain volume has decreased
3- Reatal assets have increased
4- Whale assets have decreased
These data confirm each other and show that the recent price increase was due to the activity of the retailers and so far the whales have not shown support for the price increase and the trend change.
1- The number of transactions has increased
2- The total on-chain volume has decreased
3- Reatal assets have increased
4- Whale assets have decreased
These data confirm each other and show that the recent price increase was due to the activity of the retailers and so far the whales have not shown support for the price increase and the trend change.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.