glassnode数据

Attention! The ETH on the exchange is running out, a historic signal has appeared!
$ETH


Brothers, a bomb-level data has just exploded: the supply of Ethereum on exchanges has dropped to its lowest point since Ethereum's inception in 2015!

What does this mean? The 'live water' that can be dumped in the market at any time is being crazily drained. This is definitely not retail behavior, but the actions of giant whales and institutions—large amounts of ETH are being withdrawn for staking, restaking, or long-term locking.

Meanwhile, Wall Street brings even more explosive news: Bank of America has just announced that starting in 2026, all of its wealth advisors can directly recommend Bitcoin and Ethereum ETFs to clients! A massive amount of traditional financial capital has found a compliant entry channel.

Do you understand this combination punch?

· Supply side: ETH on exchanges is being swept up, and the supply has reached a historic low.
· Demand side: The world's top financial institutions are paving the highway for massive traditional funds to enter.

The logic behind the data is that when the sellable coins become fewer and the buyers waiting to enter become more, what will happen? The classic supply and demand explosion script is already laid out on the table.
#Glassnode数据 #衍生品市场关联信号
What do you think, when Bank of America's clients pour in real money, what price will ETH stand at? Post your target price in the comments.

Glassnode Analysis Revealed: Large Traders Successfully Anticipate BTC Pullback After New High

According to the latest research from Glassnode, after Bitcoin's price hit an all-time high, large traders (institutions and whales) with informational and financial advantages quickly adjusted their positions to a "net short" stance.

This critical position change also provides ordinary investors with a leading indicator to observe market sentiment. The movements of this "smart money" often foreshadow potential trend changes.

When Bitcoin broke through $125,000 over the weekend to set a new all-time high, large traders on derivatives exchanges still maintained a slight net long bias, showing an optimistic outlook for the future.

However, when Bitcoin challenged the $126,000 high again on Monday, the strategies of these investors underwent a significant shift. The long-short preference indicator sharply dropped into negative territory, indicating that while they were actively taking profits, they also began to establish new short positions.

This judgment was validated by the market on Tuesday, as Bitcoin's price quickly fell back below $121,000 during this period. As the downward trend was confirmed, the long-short preference indicator had dropped to -4,416.20 BTC, signaling a stronger bearish stance among large traders.

Meanwhile, another key indicator has also drawn market attention. When Bitcoin's price broke through $117,000, the percentage of supply in BTC profits had already exceeded the overheated warning line of 95%, and it even reached 100% when BTC set its all-time high.

Historically, when this indicator exceeds 95%, it usually signals that the market is entering a "euphoria phase," where broad profitability often accelerates profit-taking behavior, thereby increasing the risk of market adjustment.

As of the time of writing, Bitcoin's price hovers around $122,000, and the market is closely watching whether the positions of large traders will turn again.

Overall, the behavior of these large traders not only provides important reference indicators for the market but also reminds us that paying attention to the movements of "smart money" may help us better understand market cycles.

After all, while most people are still cheering for new highs, those most influential participants may already be preparing for the next round of volatility.

#Glassnode数据 #链上数据分析