According to glassnode, Bitcoin (BTC) experienced a nearly 5% price decline driven by significant profit-taking from investors. On-chain analysis from the source reveals that traders realized $3.5 billion in profits, creating selling pressure in the market. Glassnode also noted that its Market Pulse report from July 14 had anticipated this correction risk, using a combination of on-chain and off-chain indicators to signal caution to market participants.

According to @glassnode, the Net Unrealized Profit to Loss (NUPL) ratio has risen significantly, indicating the market may be entering a state of euphoria with elevated unrealized profit margins. This on-chain metric suggests a heightened risk of imminent profit-taking, as investors could be increasingly motivated to sell and capitalize on their substantial gains.

According to @glassnode, while Bitcoin futures positioning and ETF inflows suggested strong market conviction, key on-chain data indicated the market was approaching saturation just before the recent correction. Analysis from @glassnode showed that 98.9% of the BTC supply was in profit, realized gains were accelerating, and the Net Unrealized Profit/Loss (NUPL) metric was reaching euphoria levels. These metrics collectively served as strong indicators that a market pullback was imminent.

According to Glassnode, the percentage of Bitcoin supply in profit is currently at a high level, indicating a potential increase in sell-side pressure. The on-chain analytics firm notes that when this metric is notably above its high band, it can lead to investors opting to realize gains, which may increase market volatility and create downward pressure on the BTC price, as per their analysis.

According to @glassnode, the Realized Profit to Loss Ratio for Bitcoin (BTC) has climbed from 3.0 to 3.6, indicating that realized profits are significantly dominating realized losses. While this confirms a strong market, @glassnode also warns that such high levels of profitability could precede a market cooling-off period if profit-taking activity increases among investors, suggesting a potential for a near-term price correction.

According to Glassnode, a comprehensive market analysis for traders requires combining both on-chain and off-chain data trends. Glassnode highlights that on-chain data is uniquely capable of revealing critical metrics such as the degree of unrealized gains held by investors and overall market sentiment. These factors, often invisible in traditional financial metrics, provide traders with a deeper understanding of market dynamics and potential price movements.

According to glassnode, Bitcoin (BTC) investors realized a massive $3.5 billion in profits over the past 24 hours, marking one of the largest profit-taking days of the year. The data indicates that long-term holders were the primary drivers of this activity, cashing out $1.96 billion, which accounts for approximately 56% of the total. Short-term holders realized the remaining $1.54 billion, or about 44%. This significant profit realization, led by experienced investors, could signal a potential local top or that traders are seeing current price levels as a key resistance zone.

According to @OnchainDataNerd, despite Ethereum (ETH) facing price rejections near $2,673, on-chain data reveals significant accumulation by large holders. Analytics from Glassnode show daily net whale accumulation has surpassed 800,000 ETH, with a peak single-day inflow of over 871,000 ETH on June 12, a scale of buying reportedly unseen since 2017. Complementing this, data from Santiment indicates that whale and shark wallets (holding 1,000 to 100,000 ETH) have added a net 1.49 million ETH over the last 30 days, now controlling 26.98% of the total supply. This aggressive buying by large entities contrasts with profit-taking from retail wallets and a minor $2.2 million net outflow from U.S. spot ETH ETFs, which ended a 19-day inflow streak, according to Farside Investors. This divergence suggests strong long-term conviction among major stakeholders, potentially establishing a solid price floor around the key $2,500 support level.

According to @ai_9684xtpa, despite Ether (ETH) experiencing a price rejection near $2,673 and falling to $2,555.77, on-chain data from Glassnode indicates massive accumulation by large holders. For nearly a week, daily net whale accumulation has surpassed 800,000 ETH, a scale of buying not witnessed since 2017. Total holdings in wallets with 1,000 to 10,000 ETH have climbed above 14.3 million. This significant buying pressure during a price pullback suggests strategic positioning by major entities, which could provide support for ETH's price. From a technical standpoint, after a sharp drop on June 16, ETH has found a key intraperiod consolidation level around the $2,553–$2,555 zone, with traders closely watching if this whale-driven demand will lead to a price reversal.

According to @ai_9684xtpa, the Bitcoin (BTC) market is in a tense standoff, characterized by strong conviction from long-term holders who are largely inactive, as on-chain data from Glassnode shows a record 14.7 million BTC in long-term supply and historically low realized profits. This holder patience is met with persistent institutional demand, evidenced by a reported $2.2 billion in weekly spot ETF net inflows and significant corporate treasury acquisitions from firms like Figma, which disclosed a $70 million position in the Bitwise Bitcoin ETF (BITB). However, market analysis from QCP highlights a counteracting force of rising leveraged long positions and positive funding rates, creating a fragile equilibrium. This high-leverage environment has proven perilous for traders, as one user on HyperLiquid recently turned a $10 million unrealized profit into a $2.5 million loss on a BTC long, illustrating the risks of the current range-bound market.

According to @lookonchain, on-chain data reveals significant accumulation of Ethereum (ETH) by large holders, or 'whales,' despite recent price weakness. Analytics firm Glassnode reports that daily net whale accumulation has surpassed 800,000 ETH for nearly a week, a scale of buying pressure not witnessed since 2017. Concurrently, data from Santiment shows that wallets holding between 1,000 and 100,000 ETH have added a total of 1.49 million ETH over the past 30 days. This aggressive buying from large entities contrasts sharply with profit-taking from smaller retail wallets and the first day of net outflows from U.S. spot Ethereum ETFs, which saw $2.2 million exit after a 19-day inflow streak, per Farside Investors. While ETH's price was rejected near $2,673 and has been consolidating around the $2,500 support level, this whale-driven accumulation suggests strong conviction and may establish a significant price floor, signaling a potential bullish divergence for traders.

According to @lookonchain, despite Ether (ETH) price falling 3.7% to $2,555.77 after a rejection near $2,673, on-chain data shows massive accumulation by large holders. Citing Glassnode, the analysis reveals that daily net whale accumulation has surpassed 800,000 ETH for nearly a week, a scale of buying not witnessed since 2017. Total holdings in wallets with 1,000 to 10,000 ETH have climbed above 14.3 million. This significant buying pressure during a price pullback suggests strategic positioning by large entities, creating a key divergence for traders to monitor as the price consolidates above immediate support levels.

According to @lookonchain, despite Ethereum (ETH) price weakness and a drop towards the $2,500 support level, on-chain data reveals historic accumulation by large holders. Analytics from Santiment show that whale and shark wallets (holding 1k-100k ETH) added 1.49 million ETH in the past 30 days, now controlling 26.98% of the total supply. This aggressive buying, which Glassnode reports hasn't been seen on this scale since 2017, contrasts sharply with retail profit-taking and the first net outflow from U.S. spot Ethereum ETFs after a 19-day inflow streak, according to Farside Investors. This divergence suggests strong conviction from major players, potentially establishing a solid price floor for ETH around the $2,500 mark as the market digests mixed institutional signals.

According to @OnchainDataNerd, a significant divergence is emerging in the Ethereum (ETH) market, where large holders are aggressively accumulating despite price weakness and retail profit-taking. On-chain data from Santiment reveals that wallets holding 1,000 to 100,000 ETH, known as whales and sharks, have added 1.49 million ETH in the last 30 days, increasing their total holdings by 3.72%. Corroborating this trend, analysis from Glassnode indicates that the scale of this recent whale buying has not been seen since 2017, with daily net accumulation exceeding 800,000 ETH for nearly a week at one point. This aggressive accumulation by large entities provides strong support for ETH around the $2,500 level, contrasting sharply with recent net outflows from U.S. spot Ethereum ETFs, which Farside Investors reported ended a 19-day inflow streak. For traders, this on-chain strength from whales could signal a potential price floor, even as ETH faces technical resistance and wavering institutional ETF demand.

According to @ai_9684xtpa, despite Ethereum (ETH) facing price rejection near $2,673 and consolidating around the $2,500 support level, on-chain data reveals significant accumulation by large holders. Analytics firm Glassnode reports that daily net whale accumulation has surpassed 800,000 ETH for nearly a week, with total holdings in wallets with 1,000 to 10,000 ETH reaching over 14.3 million ETH, a scale of buying not witnessed since 2017. Separately, Santiment data shows that whale and shark wallets have added a net total of 1.49 million ETH over the past 30 days, increasing their control to 26.98% of the total supply. This aggressive buying by large entities contrasts with retail profit-taking and a reported $2.2 million net outflow from U.S. spot Ethereum ETFs, suggesting strong long-term conviction among major stakeholders who may be establishing a price floor.

According to @EmberCN, despite recent price weakness that saw Ether (ETH) rejected near $2,673, on-chain data reveals significant accumulation by large holders. Analytics firm Glassnode reports that daily net whale accumulation has surpassed 800,000 ETH, with a single-day inflow of over 871,000 ETH on June 12, marking a buying scale not seen since 2017. Concurrently, data from Santiment shows that whale and shark wallets holding 1,000 to 100,000 ETH have added 1.49 million ETH over the past 30 days, increasing their total holdings to 26.98% of the supply. This large-scale buying contrasts with profit-taking from smaller retail wallets and a $2.2 million net outflow from U.S. spot Ethereum ETFs, which, according to Farside Investors, ended a 19-day inflow streak. This divergence suggests strong long-term conviction from major stakeholders, who may be establishing a price floor around the key $2,500 support level.

According to @lookonchain, despite Ether (ETH) experiencing a price rejection near $2,673 and falling to $2,555, on-chain data from Glassnode indicates massive accumulation by large holders. For nearly a week, daily net whale accumulation has surpassed 800,000 ETH, a scale of buying not witnessed since 2017. Total holdings in wallets with 1,000 to 10,000 ETH have climbed above 14.3 million. This significant buying pressure from whales, who appear to be treating the price dip as an opportunity, suggests strong conviction in the asset's long-term potential, even as short-term technicals show resistance at $2,650 and consolidation around the $2,553–$2,555 level.

According to @FarsideUK, Bitcoin (BTC) is in a standoff, trading above $105,500 as long-term holders refuse to sell despite prices nearing all-time highs. On-chain data from Glassnode indicates that 'HODLing appears to be the dominant market mechanic,' with long-term holder supply reaching 14.7 million BTC and the Liveliness metric declining, showing older coins remain dormant. This patience is met with strong institutional demand, evidenced by $2.2 billion in net inflows to BTC spot ETFs last week, as reported by QCP. Corporate adoption is also growing, with Figma disclosing a $70 million Bitcoin ETF investment and DeFi Development Corp. raising $100 million to accumulate more Solana (SOL). However, QCP notes that leveraged long positions are increasing, with funding rates turning positive. Glassnode warns this equilibrium is fragile, suggesting 'the market may need to move higher, or lower, to unlock additional supply,' setting the stage for a potentially explosive move.

According to @ai_9684xtpa, despite recent price volatility that saw Ethereum (ETH) rejected near $2,700, on-chain data reveals a significant bullish trend. Glassnode reports that whale accumulation has reached a scale not seen since 2017, with daily net inflows exceeding 800,000 ETH for nearly a week. This aggressive buying by large holders is complemented by strong institutional interest, with CoinShares data showing nearly $2.9 billion in year-to-date net inflows into ETH investment products. Additional fundamental support comes from a declining ETH supply on exchanges, over 35 million ETH locked in staking contracts, and positive ecosystem developments like Robinhood's plan to launch a Layer-2 network. While ETH price faces short-term technical hurdles, this historic level of whale accumulation suggests strong conviction and strategic positioning for a potential upside reversal.

According to @rovercrc, Bitcoin (BTC) is in a market standoff, trading above $105,500 while poised for a potential breakout. On-chain analysis from Glassnode reveals extreme patience from long-term holders, with their supply reaching 14.7 million BTC and the Liveliness metric declining, indicating older coins remain dormant. Conversely, data from QCP shows rising leverage among short-term traders and persistent institutional demand, evidenced by $2.2 billion in net inflows to spot BTC ETFs last week. This fragile equilibrium between patient HODLers and leveraged traders suggests an explosive move could be imminent, as Glassnode warns the market needs a catalyst to unlock supply. The trend of corporate adoption continues to provide underlying support, with The Blockchain Group increasing its holdings to 1,653 BTC, Figma disclosing a $70 million position in a Bitcoin ETF, and DeFi Development Corp. planning a $100 million raise to accumulate more Solana (SOL).