🤨 Yesterday people sold a record amount of #BTC# at a loss – CryptoQuant
Comparable to the period of massive sell-offs after the cryptocurrency ban in China and the collapse of FTX.

#STRK# 💧 10 Best Blockchains Launched in 2024 FDV

🤔The Ethereum Foundation has sold significant amounts of #ETH# at its peak during every bull market.
In the current cycle, there have not yet been any significant sales of ETH by the fund - either the price peak is still ahead, or they have changed their strategy.

In the last two hours, one person has transferred over 20 thousand #BTC# in five separate transactions. The age of BTC varies from 3 to 5 years.

🔞 Coinglass: With a sharp increase in #BTC# to $67,000, the volume of liquidations will reach $3,020,000,000!

🩸The outflow of funds from the #BTC# ETF continues, in 5 days - $854 million!

📊 Santiment notes negative crowd sentiment in #BTC#
“Strong FUD + accumulation of tokens by whales usually leads to Bitcoin growth.”

Verified list of billionaires who own #Bitcoin#
At least 40 billionaires own #BTC#

🧐FAIL: The Prime Minister of Montenegro was one of the first investors in Terraform Labs...
Milojko Spajić bought #LUNA# tokens for $75,000 in 2018. (from court documents)

#BTC# Price On This Day :June 18

#BTC# No retail yet
“This structure suggests that we have not yet reached the peak of euphoria of this cycle. The predominance of long-term holders in the market forms a stronger base for price support.”

📊 Bitcoin holders just had their biggest three-day drop in non-empty wallets since just before the all-time high on March 14th. In contrast, #BTC# is falling, prompting traders to liquidate for fear of further declines. Meanwhile, the number of #ETH# wallets continues to grow.

#BTC# There is a noticeable trend between mentions of cryptocurrencies being alt season and markets having topped out. When traders become greedy, their interest in altcoins increases. Since the last top in March, that FOMO has subsided significantly. Crowd fear brings us closer to the bottom.

#BTC# , #BNB# and #TON# history of new ATHs among large-cap cryptocurrencies.

Whales are actively transferring #TON# ahead of a significant price jump
In the cryptocurrency space, tracking whale movements is very important as major players often influence the direction of price movements. Luckily, chain data allows us to track these whales.
A striking example is what happened with TON. From April to October 2022 and September to November 2023, the price of TON remained relatively low (between $1 and $2) and whale activity was significantly higher. During these periods, more than 40% of the TON tokens transferred on the network came from whales.