Options 25 Delta Skew suggests bearish sentiment ahead of CPI
Skew suggests puts are more expensive than calls — indicating bearish sentiment ahead of the CPI announcement today.
James Van Straten 1 min read Insights
Data-led research on the narratives, flows, and on-chain signals moving crypto markets.
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James Van Straten 1 min read Latest insights
Bitcoin
Bitcoin addresses with a non-zero balance surpass 44 million
The number of addresses with a balance of one or more Bitcoin is close to reaching 1 million.
Stablecoins
Stablecoin withdrawals reach almost $500M in wake of BUSD news
Over $2 billion of stablecoins have been withdrawn year to date.
Bitcoin
BTCRUB pair bucks the trend against major currencies
Bitcoin is down double digits against all other major currencies in the same time frame
Bitcoin
Bitcoin SLA hits all-time high in all categories, similar trend seen in the 2015 bear market
Bitcoin Supply Last Active (SLA) 1+ years ago indicates hits an all-time high of 66.90% as hodl'ing becomes the preferred choice of method.
Bitcoin
Bitcoin breaks below key resistance level at $22,264; long-term holders on aggregate now underwater
In all prior bear markets, Bitcoin has broken below this key resistance level on multiple occasions
Bitcoin
Bitcoin realized losses hit $200M on Feb. 9 following Kraken settlement
Realized losses hit $200 million on Feb. 9, while the net realized profit/loss ratio saw only saw $16.2 million worth of losses
Bitcoin
Roughly $220M in liquidations driven by Kraken settlement with SEC
Kraken will discontinue its staking services as part of a settlement with the SEC.
Bitcoin
Roughly 1.1M Bitcoin has left exchanges since March 2020
The amount of Bitcoin on exchanges hit an all-time-high in March 2020 at 3.2 million BTC; however, more than 1 million BTC has left exchanges.
Bitcoin
Whale activity on the Bitcoin network makes up 50% of all transactions
Whale activity has significantly increased by over 10% since the collapse of FTX
Bitcoin
Stark contrast of spot-to-futures ratio between Bitcoin and Ethereum
Ethereum is approaching an all-time low spot-to-futures ratio.
Bitcoin
Third highest rate of stablecoin outflows into Bitcoin in 5 years
When significant quantities of stablecoins outflow into Bitcoin — this often indicates local tops are in, according to the charts.
Bitcoin
Bitcoin supply in profit and loss has diverged, potentially marking a bottom in cycle
Roughly 12.5M BTC are sitting in profit