Browsing: Bitcoin market structure

Bitcoin whales play a critical role in shaping the cryptocurrency market landscape, yet recent speculation about their massive accumulation efforts has been largely exaggerated.On-chain data reveals that the substantial presence of these large holders does not equate to a definitive reaccumulation phase.

Bitcoin ETFs have emerged as a game-changer in the cryptocurrency landscape, representing a pivotal shift in how institutions engage with Bitcoin.With over 5% of cumulative net inflows into Bitcoin now attributed to US spot exchange-traded funds, their impact on the Bitcoin market structure is undeniable.

Bitcoin market structure Glassnode reports that Bitcoin’s market structure continues to show robustness after a recent drop. Structural capital and…