
Litecoin breaks above its realized price after almost a year
Litecoin follows Bitcoin and Ethereum in terms of breaking above its realized price
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Litecoin follows Bitcoin and Ethereum in terms of breaking above its realized price

While $230M of inflows have occurred for Bitcoin on Jan. 30, the fifth largest inflow in three months

Bitcoin has broken above multiple cost basis.

Friday, Jan. 27 saw the third biggest withdrawal of Bitcoin from exchanges year-to-date.

Capitulation has marked bottoms in previous cycle

Lido currently holds 42% of all staked ETH — 80% concentrated with 4 providers.

There are roughly 345,000 Bitcoin currently allocated in options open interest contracts — primarily fueled by CME.

A further 2,715 BTC were allocated into futures open interest in the past 24 hours

Institutional or large players are starting to reenter the Bitcoin ecosystem, albeit tentatively.

Ethereum is down over 6.5% in the past 5 days

Big player makes third-biggest $120 million withdrawal of Bitcoin (BTC) over the last month – mainly from Binance.

On Jan. 24, we saw the highest amount of futures contracts since FTX collapse and November 2021 price peak.

As central bank balance sheets expand into 2023, Bitcoin value increases