On-chain data shows the Bitcoin long-term holders have finally cooled off their profit-taking after showing a wild selloff just earlier.

A quant has pointed out that a popular on-chain indicator for Bitcoin gives the asset the green light to experience bullish price action.

Data shows the Bitcoin Open Interest has observed a notable cool off recently, something that could be positive for the rally’s hopes.

Data from the on-chain analytics firm Glassnode has revealed that around 9.5% of the Bitcoin supply changed hands above the $60,000 level.

On-chain data shows the Bitcoin Exchange Stablecoins Ratio has plunged to its lowest since March 2023. Here’s what this could mean for BTC.

On-chain data shows the Bitcoin whales have gone on a huge buying spree in the past week, a sign that could be bullish for the coin’s value.

On-chain data shows the recent Bitcoin consecutive profit-taking day streak has now surpassed the longest run from the 2021 bull rally.

On-chain data indicates that Bitcoin had retested a historically relevant line right before the latest recovery had come.

Bitcoin has made some notable recovery in the past day as data suggests buying pressure has returned on the cryptocurrency exchange Coinbase.

On-chain data shows the Bitcoin miners have just witnessed their second highest revenue day in the entire history of the cryptocurrency.