According to Francisco Rodrigues, cryptocurrencies declined sharply due to Israeli airstrikes on Iran, with BTC falling 2.9% and a broad crypto market index losing 6.1%, as investors fled risk assets. Jake Ostrovskis, an OTC trader at Wintermute, stated that SOL had rallied on SEC ETF filing updates but dropped 9.5% amid geopolitical tensions. Polymarket traders indicate a 91% chance of Iranian retaliation, increasing market uncertainty, while spot BTC and ETH ETFs saw inflows of $939 million and $811 million month-to-date, respectively, according to Farside Investors.

According to the author, corporate and political co-optation in crypto, such as Coinbase's sponsorship of a Trump-affiliated military parade, risks diluting cypherpunk values and increasing regulatory scrutiny, which could heighten volatility for cryptocurrencies like Bitcoin BTC and Ethereum ETH. This shift may undermine investor confidence and lead to market instability as traders monitor potential backlash from such actions. Source: Article.

According to glassnode, Bitcoin's (BTC) short-term holder cost basis is approximately $98.1K, with the cost basis distribution showing a denser supply just below this level, specifically in the $97K–$98K range (source: glassnode, June 23, 2025). This price zone is likely to act as a crucial pivot point during potential market drawdowns, as increased pressure builds on newer investors. Traders should monitor this support area closely, as it could influence near-term BTC price stability and provide actionable entry or exit signals.

According to glassnode, Bitcoin (BTC) corrections since April have consistently found support at the Short-Term Holder Realized Price, which represents the cost basis for investors holding less than 155 days. However, the Short-Term Holder Market Value to Realized Value (STH-MVRV) ratio has declined and now stands at just 0.03, indicating that recent buyers are facing increased pressure with only 3% unrealized gains. This metric suggests that if BTC price drops further, there may be heightened selling pressure from newer investors, which traders should monitor closely for potential volatility. (Source: glassnode, June 23, 2025)

According to @glassnode in partnership with @Gemini, Bitcoin (BTC) is transitioning into a new phase characterized by increased holdings in centralized treasuries, with 30.9% of all BTC now managed by sovereign entities, ETFs, and institutions. The report highlights that these strategic Bitcoin reserves are contributing to a downward trend in BTC volatility, signaling a maturing market landscape and potentially more stable trading opportunities for investors. These structural shifts are likely to influence liquidity and price discovery in both spot and derivatives markets (source: glassnode, June 20, 2025).

According to glassnode, Cost Basis Distribution is now a standalone metric in Glassnode Studio, providing full-resolution charts and precise supply visibility for major Layer 1 cryptocurrencies including SOL, TRX, XRP, DOGE, BNB, and TON (source: glassnode on Twitter, June 20, 2025). This update expands analytical capabilities for traders by allowing more granular assessment of entry points and holder distribution across these coins, supporting more informed trading strategies and enhancing risk analysis on major altcoins.

According to glassnode, the BTC CBD Heatmap identifies a dense supply cluster between $95.5k and $97k, positioned just below the short-term holder cost basis at $98k. This confluence is a critical trading threshold: sustained price action above this level supports bullish continuation for Bitcoin (BTC), while a breakdown below may signal the start of a bearish phase in the mid-term. Traders should closely monitor price reactions in this zone for potential breakout or reversal opportunities (source: glassnode, June 20, 2025).

According to glassnode, despite Bitcoin (BTC) maintaining an elevated price, there is a significant divergence between its market valuation and actual network activity. Their latest report highlights that while BTC’s price remains strong, both on-chain transaction volumes and other core network metrics have not kept pace, indicating reduced user engagement relative to previous bull cycles (source: glassnode, June 19, 2025). This trend suggests traders should closely monitor on-chain activity as a leading indicator for potential price corrections, and factor in the difference between speculative market sentiment and real network usage when making trading decisions.

According to glassnode, XRP is now trading above $2, marking a more than 300% increase from its base price before the sharp rally in November 2024. Early investors are realizing significant profits, with profit-taking activity reaching $68.8 million per day (7-day SMA) as of early June 2025. This heavy profit realization indicates intensified selling pressure, which may impact short-term price volatility and liquidity in the broader cryptocurrency market (source: glassnode, June 19, 2025).

According to glassnode, TRON (TRX) has established significant support in the $0.26 to $0.27 price range, where over 14 billion TRX tokens are held. This marks the largest concentration of investor positions on the cost basis distribution chart. Above the current price, supply remains relatively thin, indicating limited resistance and suggesting that most holders are positioned below the prevailing market price. Traders should monitor the $0.26–$0.27 zone as a key support level for potential bounce opportunities and limited downside risk. Source: glassnode

According to glassnode, Glassnode Studio has introduced Cost Basis Distribution as a standalone metric, now offering full-resolution charts, precise supply visibility, and expanded support for leading Layer 1 cryptocurrencies such as SOL, TRX, XRP, DOGE, BNB, and TON (source: glassnode on Twitter, June 18, 2025). This enhancement provides traders with granular on-chain data to better evaluate market entry and exit points, optimize risk management, and track the cost basis of tokens across major networks. The expanded asset coverage and improved data resolution are expected to help crypto traders identify accumulation levels and market sentiment shifts more accurately.

According to glassnode, CBD data highlights a strong support level for Solana (SOL) at $145–$147, where approximately 13 million SOL is currently held. Significant resistance zones are identified at $155–$157, with around 31 million SOL, and again at $164–$166, with nearly 29 million SOL. These price ranges represent zones where investors previously entered, indicating potential areas for profit-taking or exits. Traders should monitor these levels closely for possible volatility and breakout or rejection scenarios. Source: glassnode (Twitter, June 18, 2025).

According to glassnode, funding rates have shifted positive for BTC (0.0049%) and ETH (0.0062%), indicating a rebound and renewed bullish sentiment compared to the previous day. DOGE leads major assets with a funding rate at 0.0092%, showing strong long interest, while SOL remains just above neutral at 0.0012%. Notably, TRX funding turned negative at -0.0087%, suggesting increased short positions. These changes in funding rates are key signals for crypto traders, highlighting rising leverage and potential volatility in the near term. (Source: glassnode, June 18, 2025)

According to @CryptoCred, the phrase 'Up and to the right' refers to the prevailing bullish momentum in the cryptocurrency market, particularly for Bitcoin (BTC) and Ethereum (ETH). Recent on-chain data from Glassnode shows a sustained increase in both trading volume and open interest for BTC and ETH, indicating strong upward price trends and renewed trader confidence (source: Glassnode, 2024-06-12). Technical indicators, such as the 50-day moving average crossing above the 200-day average, reinforce the bullish outlook. Traders are closely monitoring support and resistance levels, as breakout patterns suggest potential for continued price appreciation in the near term. These signals are critical for day traders and swing traders seeking to capitalize on market momentum.

According to glassnode, traders now have access to the new Bitcoin Market Pulse, a comprehensive weekly market intelligence snapshot that consolidates spot, futures, options, ETF activity, and on-chain fundamentals for BTC. This beta release provides actionable insights for short-term and long-term trading strategies by aggregating key data points in one platform, helping users identify market trends and volatility triggers. The tool is currently free for a limited time, offering traders a unique opportunity to enhance their BTC trading decisions with verified, real-time data. (Source: glassnode, June 17, 2025)

According to glassnode, Ethereum (ETH) whale wallets holding between 1,000 and 10,000 ETH have accumulated more than 800,000 ETH daily for nearly a week, with total holdings surpassing 14.3 million ETH. Notably, on June 12, whales added over 871,000 ETH in a single day, marking the highest daily net inflow year-to-date and the largest buying activity since 2017 (source: glassnode, June 17, 2025). This significant accumulation trend signals strong bullish sentiment and could indicate upward price momentum, making ETH a focal point for crypto traders and investors.

According to glassnode, BTC's 25 Delta Skew has shifted sharply upwards over the past week, with the 1-week skew jumping from -2.6% to +10.1% and the 1-month skew rising from -2.2% to +4.9%. These levels are approaching those seen before Liberation Day, indicating a notable increase in risk-off sentiment among traders. This data suggests that market participants are actively hedging or speculating on downside risk for BTC, which is a critical signal for short-term trading strategies and risk management. Source: glassnode (June 16, 2025).

According to glassnode, last week witnessed a significant inflow of 195,320 ETH into US Spot Ethereum ETFs, marking the third-largest weekly net inflow on record. This surge in ETF activity highlights growing institutional interest in ETH, potentially signaling increased price stability and liquidity for traders. The strong inflow could boost market sentiment, influencing both spot and derivatives ETH trading strategies. Source: glassnode, June 16, 2025.

According to glassnode, the BTC 25 Delta Skew has shifted from negative to strongly positive within one week, with the 1-week skew moving from -2.6% to +10.1% and the 1-month skew from -2.2% to +4.9%. This decisive bullish flip in short-dated Bitcoin (BTC) options indicates traders are aggressively positioning for near-term upside or heightened volatility, despite a slight price decline (source: glassnode, June 16, 2025). This shift in options sentiment is often a leading indicator of increased trading activity and potential price movement in the BTC spot market, making it highly relevant for crypto traders monitoring volatility and directional bets.

According to glassnode, Bitcoin (BTC) has delivered a 656% gain in its current cycle (2022+), following previous cycles' returns of 1076% (2015–18) and 1007% (2018–22), despite a much larger market capitalization today. This consistent performance highlights that demand growth continues to match BTC's maturation, signaling strong sustained investor appetite. Traders should note that such resilience in growth, even as BTC matures, points to ongoing bullish sentiment and potential for continued long-term appreciation. (Source: glassnode, June 14, 2025)