Data shows Bitcoin users on the Coinbase exchange have been selling recently, a potential reason behind BTC’s drop under $58,000.
On-chain data shows the Bitcoin sharks and whales have continued to hold strong despite the asset’s price surge.
On-chain data shows the Bitcoin mining hashrate has continued its decline as the price of the cryptocurrency itself has seen a setback.
On-chain data reveals what percentage of the entire Bitcoin userbase is still carrying a profit following the latest crash in the asset’s price.
Data shows that Bitcoin Coinbase Premium has plunged into the red territory, which may explain why the asset’s price has crashed to under $68,000.<
Data shows over $668 million in cryptocurrency long contracts have been squeezed following Bitcoin’s crash under the $68,000 level.
Bitcoin has witnessed a plunge under the $51,000 level during the past day, here’s what’s potentially behind this decline according to on-chain dat
On-chain data shows the Bitcoin whales have grown in number while the rest of the market has been panicking about the latest plunge in the asset.
Bitcoin has plunged below $42,000 as on-chain data shows the miners have continued their recent selloff, distributing another 1,000 BTC.
