Glassnode: 76.4% of Bitcoin on-chain transactions flowed into/out of exchanges, slightly lower than the historical high of 77.4%
According to Glassnode data reported by Golden Finance, Bitcoin's activity on exchanges has significantly increased, with 76.4% of Bitcoin chain transactions flowing in/out of exchanges, slightly lower than the historical high of 77.4%.
Deribit Chief Commercial Officer: Traders are looking to hedge against BTC declines
Luuk Strijers, Chief Commercial Officer of Deribit, a cryptocurrency options exchange, said that traders are seeking protection to hedge against the risk of a Bitcoin price drop. Strijers stated in an interview that put options are overbought and call options are sold, indicating that the market is seeking protection to resist potential price drops.
Bitcoin dips briefly to hit $45,450
According to OKX market data, Bitcoin briefly plunged to $45,450 and is now trading at $46,179.35, with a 24-hour gain narrowing to 2.66%.
Bitcoin briefly hits $47,000
According to OKX market data, Bitcoin briefly touched $47,000 and is now priced at $46,910.03, with a 24-hour increase of 4.40%.
A certain whale once again purchased 250 BTC from Binance, and has purchased a total of 8,000 BTC since August.
According to The Data Nerd, a certain whale has once again purchased 250 BTC from Binance. This whale has accumulated 8,000 BTC since August 24th and currently holds 5,000 BTC, with an expected profit of $93.33 million.
A certain whale purchased 250 BTC from Binance again, and has purchased a total of 8,000 BTC since August.
Monitored by The Data Nerd, a certain whale has once again purchased 250 BTC from Binance. This whale has accumulated a total of 8000 BTC since August 24th and currently holds 5000 BTC, expected to profit 93.33 million US dollars.
Bitcoin's Lunar Landing Mission in Jeopardy as Astrobotic's Craft Faces Propulsion System Issue
The partnership between BitMEX and Astrobotic to send bitcoin to the moon may not succeed due to a problem with the craft's propulsion system. The Peregrine 1 lander, which was supposed to carry the first-ever bitcoin to the moon, is reportedly experiencing a fuel leak and cannot draw enough power from the sun to charge its batteries. BitMEX has been running a trading competition to capitalize on the mission's publicity, but the success of the mission is uncertain. The lander is also carrying experiments for the United States National Aeronautics and Space Administration and the cremated remains of several individuals, including Star Trek creator Gene Roddenberry.
Yesterday, the transaction fee of the entire Bitcoin network was approximately 124.9 BTC, an increase of 63.7% from the previous day.
BTC.com data shows that the total network transaction fee for Bitcoin was approximately 124.9 BTC yesterday, an increase of about 63.7% compared to the previous day (76.29 BTC).
IntoTheBlock: More than 90% of BTC addresses are in a floating profit state
IntoTheBlock states that with Bitcoin quickly breaking through $46,000, over 90% of BTC addresses are now in a state of profit.
Bitcoin holders holding greater than 1% of the supply accumulated over 14,000 BTC in the past week
IntoTheBlock stated on social media that large Bitcoin holders who hold more than 1% of the supply have accumulated over 14,000 BTC in the past week by buying on dips.
