Read crypto research, data-driven reports, on-chain studies, and analytical deep dives into Bitcoin, Ethereum, and Web3 trends.
Using Glassnode's Revived Supply data, CryptoSlate discovered that Russia's Ukraine invasion led to the highest Bitcoin sell-off among long-term holders.
Oluwapelumi Adejumo 3 min read 
Three months since the Merge, net token supply issuance has been majority inflationary due to low network usage being a factor to the rate of burn.
On-chain data shows miners have been capitulating en masse throughout the year. However, this doesn't mean that they have been selling all of their BTC.
With fewer losses despite the ETH's steep drop in 2022, most investors are bullish on the asset and expect its value to rise significantly with time.
Demand for USDT remains high, but USDT dominance in the stablecoin market has decreased as other stablecoins like USDC and BUSD have risen.
Glassnode data, as analyzed by CryptoSlate, showed that long-term holders might be holding their Bitcoin because they stand to incur substantial losses if they sell.
In a follow up to research suggesting the Bitcoin bottom was in, revised data analysis now shows mixed results.
CryptoSlate of analysis of Glassnode data showed that the seven-day moving average for total transfers to OTC desk wallets is now close to 2018 lows. OTC trades peaked during covid 19 pandemic when BTC was trading at around $3000.
Trends in Bitcoin dominance measured in both realized and market caps show users now prefer stablecoins as a safety play.
