Read crypto research, data-driven reports, on-chain studies, and analytical deep dives into Bitcoin, Ethereum, and Web3 trends.
More than 75% of all Bitcoin in existence — 14.8 million BTC — is currently held in cold storage or non-custodial wallets.
Shiraz Jagati 3 min read 
Short-term Bitcoin holders buy between $17k and $48k with elevated buying from addresses owning less than 1 BTC around the $20k level.
Smaller holders are not only participating in but are also contributing to the rapid growth of the Bitcoin network, but whales still hold 4x more BTC.
The stablecoin supply ratio (SSR) shows that the stablecoin supply on exchanges tends to increase significantly when uncertainty hits the market.
While Asia has been leading global markets in terms of Bitcoin accumulation, July has also brought a bullish sentiment to the U.S. and E.U.
During every cycle bottom, long-term holders are the holders of last resort, providing Bitcoin with strong support.
The ratio between an asset’s market cap and realized cap, the MVRV-Z Score has historically been used to mark tops and bottoms in Bitcoin market cycles with impressive reliability
