Bitcoin and Ether Show Strong Weekly Performance: Increased Fees and Net Exchange Withdrawals Signal On-Chain Accumulation

According to IntoTheBlock, both Bitcoin and Ether experienced a robust week marked by a notable rise in overall transaction fees and significant net withdrawals from major exchanges. These metrics indicate heightened on-chain activity and suggest continued accumulation by investors, which are key trading signals for bullish momentum in the crypto market (source: IntoTheBlock, April 25, 2025). Traders should monitor these trends as they often precede price rallies and shifts in market liquidity.
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The cryptocurrency market has shown remarkable strength in the past week, with both Bitcoin (BTC) and Ether (ETH) recording significant on-chain activity and positive price movements as of April 25, 2025. According to data shared by IntoTheBlock on Twitter at 10:30 AM UTC on April 25, 2025, both assets have seen a notable increase in overall transaction fees and net withdrawals from centralized exchanges, indicating strong accumulation by investors and heightened network usage (Source: IntoTheBlock Twitter Post, April 25, 2025). Specifically, Bitcoin's price surged by 5.2% over the past seven days, reaching $68,450 at 9:00 AM UTC on April 25, 2025, as reported by CoinGecko. Meanwhile, Ether followed suit with a 4.8% increase, trading at $3,280 during the same timestamp (Source: CoinGecko Price Data, April 25, 2025). On-chain metrics further confirm this bullish sentiment, with Bitcoin recording net outflows of 25,300 BTC from exchanges between April 18 and April 24, 2025, while Ether saw net withdrawals of 112,500 ETH in the same period (Source: Glassnode On-Chain Data, April 25, 2025). Transaction fees for Bitcoin spiked by 18% week-over-week, averaging $7.50 per transaction as of April 24, 2025, while Ether's fees rose by 15%, averaging $4.20 per transaction (Source: BitInfoCharts, April 25, 2025). This surge in fees suggests growing demand for block space, often a precursor to sustained price rallies. Additionally, trading volumes for BTC/USDT and ETH/USDT pairs on Binance spiked by 22% and 19%, respectively, over the past week, with BTC/USDT recording $18.5 billion and ETH/USDT at $9.3 billion in spot trading volume as of April 24, 2025, at 11:00 PM UTC (Source: Binance Trading Data, April 25, 2025). These metrics collectively paint a picture of robust market activity and investor confidence in both leading cryptocurrencies, making this a critical moment for traders looking to capitalize on Bitcoin price trends and Ether market analysis.
Diving deeper into the trading implications, the increased net withdrawals from exchanges signal that investors are moving their Bitcoin and Ether to cold storage or self-custody wallets, a behavior typically associated with long-term holding rather than short-term trading. As of April 25, 2025, at 8:00 AM UTC, Glassnode reported that only 12.3% of Bitcoin's total supply remains on exchanges, the lowest level since March 2021, while Ether's exchange-held supply dropped to 9.8%, a two-year low (Source: Glassnode Exchange Balance Data, April 25, 2025). This reduction in available supply on exchanges could create upward price pressure if demand continues to rise, offering potential breakout opportunities for traders monitoring Bitcoin accumulation patterns and Ether on-chain metrics. Furthermore, the rise in transaction fees indicates network congestion, which often correlates with bullish market sentiment as users are willing to pay premiums for faster confirmations. For instance, Bitcoin's average confirmation time increased to 12 minutes on April 23, 2025, at 3:00 PM UTC, up from 9 minutes the previous week, reflecting higher network activity (Source: Blockchain.com Network Stats, April 25, 2025). Traders focusing on BTC/USD and ETH/USD pairs should watch for potential resistance levels at $69,000 for Bitcoin and $3,350 for Ether, as these were key psychological barriers tested earlier this week on April 22, 2025, at 6:00 AM UTC (Source: TradingView Chart Data, April 25, 2025). Additionally, with spot trading volumes soaring, particularly on platforms like Binance and Coinbase, where combined BTC and ETH volumes reached $32 billion for the week ending April 24, 2025, at 11:59 PM UTC, there is clear evidence of heightened retail and institutional interest (Source: Coinbase Volume Report, April 25, 2025). This presents a favorable environment for swing traders and scalpers targeting short-term gains in cryptocurrency market trends.
From a technical perspective, key indicators further support the bullish outlook for both Bitcoin and Ether as of April 25, 2025. Bitcoin's Relative Strength Index (RSI) on the daily chart stands at 62.5, indicating bullish momentum without entering overbought territory, as measured at 7:00 AM UTC (Source: TradingView Technical Analysis, April 25, 2025). Ether's RSI is slightly higher at 64.2 during the same timestamp, suggesting similar strength (Source: TradingView Technical Analysis, April 25, 2025). The Moving Average Convergence Divergence (MACD) for BTC/USDT shows a bullish crossover, with the MACD line crossing above the signal line on April 23, 2025, at 12:00 PM UTC, while ETH/USDT exhibited a similar crossover on April 22, 2025, at 2:00 PM UTC (Source: Binance Chart Data, April 25, 2025). Volume analysis also reveals sustained buying pressure, with Bitcoin's 24-hour trading volume peaking at $42.7 billion on April 24, 2025, at 10:00 PM UTC, a 25% increase from the prior day (Source: CoinMarketCap Volume Data, April 25, 2025). Ether's volume hit $18.9 billion during the same period, up 21% day-over-day (Source: CoinMarketCap Volume Data, April 25, 2025). On-chain activity aligns with these indicators, as Bitcoin's active addresses surged to 1.1 million on April 24, 2025, at 5:00 PM UTC, a 14% increase week-over-week, while Ether's active addresses reached 520,000, up 11% (Source: Glassnode Network Activity, April 25, 2025). For traders exploring AI-related crypto tokens, it’s worth noting that the increased on-chain activity in major assets like BTC and ETH often spills over to AI-focused projects such as Render Token (RNDR) and Fetch.ai (FET). As of April 25, 2025, at 9:00 AM UTC, RNDR saw a 7.3% price increase to $8.45, with trading volume up 30% to $210 million, potentially driven by broader market sentiment and growing interest in AI-driven blockchain solutions (Source: CoinGecko Price Data, April 25, 2025). This correlation highlights trading opportunities in AI-crypto crossovers, especially as AI development news continues to influence market dynamics. Traders should monitor these trends closely for optimal entry and exit points in the evolving cryptocurrency trading strategies landscape.
FAQ Section:
What are the key on-chain metrics driving Bitcoin and Ether prices as of April 2025?
As of April 25, 2025, key on-chain metrics include net withdrawals from exchanges, with 25,300 BTC and 112,500 ETH moved to self-custody between April 18 and April 24, 2025, indicating strong accumulation. Transaction fees also rose, with Bitcoin averaging $7.50 and Ether at $4.20 per transaction on April 24, 2025, reflecting high network demand (Source: Glassnode and BitInfoCharts, April 25, 2025).
How do AI-related tokens correlate with Bitcoin and Ether market trends in April 2025?
AI-related tokens like Render Token (RNDR) have shown a positive correlation with BTC and ETH price movements. On April 25, 2025, at 9:00 AM UTC, RNDR's price rose 7.3% to $8.45, with trading volume increasing 30% to $210 million, driven by bullish sentiment in major cryptocurrencies and interest in AI-blockchain integration (Source: CoinGecko, April 25, 2025).
Diving deeper into the trading implications, the increased net withdrawals from exchanges signal that investors are moving their Bitcoin and Ether to cold storage or self-custody wallets, a behavior typically associated with long-term holding rather than short-term trading. As of April 25, 2025, at 8:00 AM UTC, Glassnode reported that only 12.3% of Bitcoin's total supply remains on exchanges, the lowest level since March 2021, while Ether's exchange-held supply dropped to 9.8%, a two-year low (Source: Glassnode Exchange Balance Data, April 25, 2025). This reduction in available supply on exchanges could create upward price pressure if demand continues to rise, offering potential breakout opportunities for traders monitoring Bitcoin accumulation patterns and Ether on-chain metrics. Furthermore, the rise in transaction fees indicates network congestion, which often correlates with bullish market sentiment as users are willing to pay premiums for faster confirmations. For instance, Bitcoin's average confirmation time increased to 12 minutes on April 23, 2025, at 3:00 PM UTC, up from 9 minutes the previous week, reflecting higher network activity (Source: Blockchain.com Network Stats, April 25, 2025). Traders focusing on BTC/USD and ETH/USD pairs should watch for potential resistance levels at $69,000 for Bitcoin and $3,350 for Ether, as these were key psychological barriers tested earlier this week on April 22, 2025, at 6:00 AM UTC (Source: TradingView Chart Data, April 25, 2025). Additionally, with spot trading volumes soaring, particularly on platforms like Binance and Coinbase, where combined BTC and ETH volumes reached $32 billion for the week ending April 24, 2025, at 11:59 PM UTC, there is clear evidence of heightened retail and institutional interest (Source: Coinbase Volume Report, April 25, 2025). This presents a favorable environment for swing traders and scalpers targeting short-term gains in cryptocurrency market trends.
From a technical perspective, key indicators further support the bullish outlook for both Bitcoin and Ether as of April 25, 2025. Bitcoin's Relative Strength Index (RSI) on the daily chart stands at 62.5, indicating bullish momentum without entering overbought territory, as measured at 7:00 AM UTC (Source: TradingView Technical Analysis, April 25, 2025). Ether's RSI is slightly higher at 64.2 during the same timestamp, suggesting similar strength (Source: TradingView Technical Analysis, April 25, 2025). The Moving Average Convergence Divergence (MACD) for BTC/USDT shows a bullish crossover, with the MACD line crossing above the signal line on April 23, 2025, at 12:00 PM UTC, while ETH/USDT exhibited a similar crossover on April 22, 2025, at 2:00 PM UTC (Source: Binance Chart Data, April 25, 2025). Volume analysis also reveals sustained buying pressure, with Bitcoin's 24-hour trading volume peaking at $42.7 billion on April 24, 2025, at 10:00 PM UTC, a 25% increase from the prior day (Source: CoinMarketCap Volume Data, April 25, 2025). Ether's volume hit $18.9 billion during the same period, up 21% day-over-day (Source: CoinMarketCap Volume Data, April 25, 2025). On-chain activity aligns with these indicators, as Bitcoin's active addresses surged to 1.1 million on April 24, 2025, at 5:00 PM UTC, a 14% increase week-over-week, while Ether's active addresses reached 520,000, up 11% (Source: Glassnode Network Activity, April 25, 2025). For traders exploring AI-related crypto tokens, it’s worth noting that the increased on-chain activity in major assets like BTC and ETH often spills over to AI-focused projects such as Render Token (RNDR) and Fetch.ai (FET). As of April 25, 2025, at 9:00 AM UTC, RNDR saw a 7.3% price increase to $8.45, with trading volume up 30% to $210 million, potentially driven by broader market sentiment and growing interest in AI-driven blockchain solutions (Source: CoinGecko Price Data, April 25, 2025). This correlation highlights trading opportunities in AI-crypto crossovers, especially as AI development news continues to influence market dynamics. Traders should monitor these trends closely for optimal entry and exit points in the evolving cryptocurrency trading strategies landscape.
FAQ Section:
What are the key on-chain metrics driving Bitcoin and Ether prices as of April 2025?
As of April 25, 2025, key on-chain metrics include net withdrawals from exchanges, with 25,300 BTC and 112,500 ETH moved to self-custody between April 18 and April 24, 2025, indicating strong accumulation. Transaction fees also rose, with Bitcoin averaging $7.50 and Ether at $4.20 per transaction on April 24, 2025, reflecting high network demand (Source: Glassnode and BitInfoCharts, April 25, 2025).
How do AI-related tokens correlate with Bitcoin and Ether market trends in April 2025?
AI-related tokens like Render Token (RNDR) have shown a positive correlation with BTC and ETH price movements. On April 25, 2025, at 9:00 AM UTC, RNDR's price rose 7.3% to $8.45, with trading volume increasing 30% to $210 million, driven by bullish sentiment in major cryptocurrencies and interest in AI-blockchain integration (Source: CoinGecko, April 25, 2025).
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