Crypto M - Crypto News

🚀 Bitcoin Realized Losses and Profits Indicate Seller Exhaustion Phase Bitcoin's market activity suggests a potential phase of seller exhaustion, according to CheckonChain data. The cryptocurrency is experiencing realized losses of approximately $400 million daily, with a downward trend. According to NS3.AI, this pattern may indicate a decrease in selling pressure. Concurrently, Glassnode data reveals that realized profits are averaging around $300 million per day over a seven-day period. The realized profit-to-loss ratio has increased to 1.4, suggesting a shift in market dynamics. #Bitcoin#RealizedLosses#RealizedProfits#SellerExhaustion#Cryptocurrency#MarketActivity#NS3AI#Glassnode#SellingPressure#MarketDynamics#BTC

🚀 Bitcoin Futures Open Interest Hits 14-Month Low Amid Institutional Strategy Shift On April 11, the open interest in Chicago Mercantile Exchange (CME) Bitcoin futures fell to $8.41 billion, marking its lowest level in 14 months. According to BlockBeats, Glassnode analysts attribute this decline primarily to the unwinding of basis trades. Previously, this strategy involved establishing long positions through spot ETFs and hedging with short futures to earn the spread. However, the annualized returns have recently dropped from 15%-20% to around 5%, prompting institutions to take profits. Additionally, the daily trading volume of CME Bitcoin futures has decreased to below $3 billion. Analysts suggest that as institutional demand shifts towards directly holding spot assets, the leverage in the futures market is significantly decreasing. #BitcoinFutures#OpenInterest#CME#BasisTrades#InstitutionalStrategy#SpotETFs#FuturesMarket#Leverage#TradingVolume#BlockBeats#Glassnode#CryptoMarket#BTC

🚀 XRP Whale Activity Increases as Token Trades Near $1.34 Two significant XRP whale groups have accumulated approximately 130 million XRP, with the token trading close to $1.34 and maintaining a relatively stable performance over the past 30 days. According to NS3.AI, data from Glassnode and Santiment indicates that short-term holders have decreased their exposure. Meanwhile, resistance is forming around the $1.38 mark in the current technical setup. #XRP#WhaleActivity#CryptoTrading#Blockchain#Cryptocurrency#TokenAnalysis#MarketTrends#Glassnode#Santiment#PriceResistance