Over the past week, the Ethereum price declined significantly, following Bitcoin’s downturn towards $59,000. As the second-largest cryptocurrency’s price dropped to $1,505, data from a recent on-chain analysis reveal an underlying shift in activity across exchanges. Ethereum Exchange Inflows Surge To 2.24 Million In A Day In a Quicktake post on June 6, the on-chain analytics group Arab Chain cited data from the “Ethereum: Exchange Inflow (Total) – All Exchanges” metric, noting that inflows across all platforms recently reached 2.24 million in a single day. According to Arab Chain, this…
Tag: High
Here’s How High The Bitcoin Price Will Climb If It Breaks The Current Bear Trend
Bitcoin has spent the better part of the past several weeks delivering a painful lesson to bulls. The largest cryptocurrency by market capitalization has shed more than 22% over the past month, slicing through support levels that many traders had considered established. Bitcoin is still trapped below a descending trendline, and the current structure still favors sellers unless price can reclaim important resistance levels. However, technical analysis projection leaves room for a recovery move if Bitcoin breaks out of the bearish trend and starts building momentum above confirmation levels. Bitcoin…
Traders Eye $61K as Bitcoin’s Last Defense Before a Drop to the High $50Ks
Key Takeaways Bitcoin’s RSI dropped to 17 on June 4, 2026, with the $61,310 swing low as the last clear support before $58K. All 14 moving averages signal bearishness, placing BTC $7K to $18K below its key trend lines. Traders need a 4-hour close above $64,500 for any rally to carry credibility toward the $67K to $70K resistance band. 1-Hour Chart: Relief Bounce Stalls, Structure Stays Bearish The 1-hour chart shows Bitcoin staged a brief relief bounce off the $61,310 low, but that move ran out of momentum around $64,500.…
Bitcoin Moves Into Accumulation Zone That Will Send It On Next All-Time High Run To $250,000
Crypto analyst Aralez has revealed that Bitcoin is entering an accumulation zone that could propel it to a new all-time high (ATH). The analyst signaled that BTC could rally to as high as $250,000 in the next bull market. Analyst Reveals Bitcoin Entering Major Accumulation Zone In an X post, Aralez stated that Bitcoin is near a major accumulation zone, with BTC following a similar script to past bear market cycles. He noted that the leading crypto saw losses of 87%, 84%, and 77.5% from its cycle highs in 2013,…
Ethereum Price Falls, But Whales Push Holdings To 10-Week High
On-chain data shows large wallets on the Ethereum network have continued to accumulate despite the price decline that the asset has faced. Ethereum Holders With At Least 100,000 ETH Now Control 22% Of Supply According to data from on-chain analytics firm Santiment, the Ethereum investors owning at least 100,000 ETH have been accumulating recently. At the current exchange rate, this 100,000 ETH cutoff converts to nearly $200 million, so the only holders that would qualify for the cohort would be the big-money ones. In fact, the sums held by members…
NAKA Down About 65% YTD and Over 99% From its All-Time High
Nakamoto (NAKA) is trading down more than 10% on Wednesday just days after the Bitcoin treasury company completed a 1-for-40 reverse stock split undertaken to stay compliant with the Nasdaq stock exchange’s listing criteria. NAKA stock is down by about 67% year-to-date (YTD) and by more than 99% since its May 2025 peak of about $34 per share, reaching a low of about $0.16 per share in April before the reverse stock split on Friday. Nasdaq warned the company in December that its shares would be delisted after trading below…
Hyperliquid Enters Top 10 Crypto With New ATH, But How High Will It Be If It Overtakes Ethereum?
Hyperliquid (HYPE) recently broke into the top 10 cryptocurrencies by market capitalization, sitting alongside top players like Bitcoin (BTC) and Ethereum (ETH), after its price surged past $50 and set a new all-time high. Now, on-chain analytics platforms are showing what HYPE’s ultimate price could become if it surpasses Ethereum’s market cap. Hyperliquid’s ATH Price If It Surpasses Ethereum’s Market Cap Hyperliquid skyrocketed past $50 a few days ago, surpassing Dogecoin’s ranking to take the 9th spot as one of the largest cryptocurrencies in terms of market capitalization. The move…
XRP Sentiment Just Hit a 3-Week Low While Whale Wallets Hit a Record High — Is This the Contrarian Buy Signal?
XRP crowd sentiment ratio fell to 1.1 bullish comments for every bearish one on May 25, according to Santiment, marking the token’s deepest push into what the analytics firm classifies as the FUD zone in three weeks. At press time, XRP traded near $1.35, down approximately up 1% over the prior 24 hours against a backdrop of broad crypto market softness. The analytical question here is not whether crypto sentiment has deteriorated; it plainly has, but whether the historical signal embedded in that deterioration carries enough predictive weight to constitute…
BlackRock dumps $1B Bitcoin as ETF outflows hit yearly high
BlackRock has recorded more than $1 billion in Bitcoin sales over the past week as U.S. spot Bitcoin ETFs posted their largest weekly outflow of 2026. Summary Arkham Intelligence data showed BlackRock-linked Bitcoin sales reached nearly $1.01 billion last week, coinciding with $1.26 billion in total U.S. spot Bitcoin ETF outflows. Bitcoin briefly fell below key support levels during the sell-off before recovering to around $77,443, while institutional investors reportedly reduced exposure amid rising market uncertainty. Despite ETF outflows, BlackRock recently filed a second Securitize-powered tokenized fund with the SEC…
Bitcoin Drops 1% as New Dow Jones All-Time High Sees Stocks Leave Crypto Behind
Bitcoin (BTC) faced familiar selling pressure on Friday as US stock markets began setting fresh record highs. Key points: Bitcoin and crypto markets diverge from US stocks, with the Dow Jones pushing into price discovery at the Wall Street open. Analysis sees further potential upside for stocks coming next, including S&P 500 participants. BTC price action battles weak US demand as Binance buyers take the lead. Bitcoin slumps at US open while Dow Jones beats records Data from TradingView showed BTC/USD retreating below $77,000 at the Wall Street open, down…