Historically, the number of Bitcoin held in unrealized loss provides a reference point for assessing market stress: Bull markets: <4M BTC in loss. Early bear markets: 4ā8M BTC in loss.
Last week, market volatility pushed 2.0ā3.5M BTC into loss, still lower than the 4M BTC seen during mid-2024 lows.
For context: 2018 bear market: 10.7M BTC in loss. 2020 COVID crash: 10.4M BTC in loss.
#ETHFORHOLDERS The Ethereum Foundation has been catching flak for just sellingĀ ETHĀ to pay the bills instead of exploringĀ stakingĀ or DeFi. Now, according to Vitalik Buterin, the foundation is indeed looking into these options, including the possibility of staking approximately $1 billion in ETH holdings.
Backlash against Ethereum Foundation has intensified over the past few days due to its lack of engagement in the EthereumĀ ecosystemĀ and ETH sales.
Lookonchain reported that the Ethereum Foundation offloaded another 100 ETH on Monday for about $336,000. The ETH sales, since January 2, 2024, have amounted to $13 million, or 4,666 ETH.
DCinvestor, a strong advocate for the ecosystem, said Trump-backed World Liberty Financial is āmore aligned with the success of Ethereum-based DeFi than the Ethereum Foundation is.ā
#Btc Bitcoinās price stability hinges on a crucial support zone between $96,475 and $99,574, according to on-chain data. This range represents a significant area of interest for theĀ cryptocurrency, as 1.87 million addresses collectively acquired 1.79 million BTC within this price bracket. The activity highlights the psychological and technical importance of this support level in determining Bitcoinās short-term and long-term trajectory.