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GLASSNODE

Glassnode is a prominent data provider in the financial industry, particularly focusing on cryptocurrency markets. Trusted by top traders, analysts, and researchers, Glassnode offers an API and charting suite that delivers reliable and accurate data. The information provided encompasses various aspects such as exchange balances, derivative markets, and on-chain transactions. By enabling users to build powerful and trustworthy models, Glassnode plays a vital role in enhancing decision-making processes in trading and investment.

25,000 New Bitcoin Addresses Generated in a Single Hour
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25,000 New Bitcoin Addresses Generated in a Single Hour

Glassnode, an on-chain market analytic company, has shared data showing 24,807 Bitcoin (BTC) addresses were developed in just one hour on Nov 18.

Bitcoin Wallets Transferring Funds to Crypto Exchanges have Doubled Since January
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Bitcoin Wallets Transferring Funds to Crypto Exchanges have Doubled Since January

Glassnode, an on-chain market analytics firm, has disclosed that addresses sending Bitcoin to crypto exchanges have doubled since January 2020.

Bitcoin Wallets Holding 10 BTC or More Decrease as Bitcoin Price Struggles to Hold $10,000
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Bitcoin Wallets Holding 10 BTC or More Decrease as Bitcoin Price Struggles to Hold $10,000

According to a report by Glassnode analytics provider, the number of Bitcoin wallets holding ten or more BTC has declined.

FTX’s CEO to Reduce Sushiswap Supply, Analytics Firm Suggests SUSHI’s Price is Overvalued
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FTX’s CEO to Reduce Sushiswap Supply, Analytics Firm Suggests SUSHI’s Price is Overvalued

A few days after receiving control over the Sushiswap protocol, FTX’s CEO Sam Bankman-Fried recently announced his ideas regarding the future of the protocol.

Bitcoin Whales Surge as Economic Inflation Meltdown Looms, Over 2000 Wallets Now Hold Over 1000 BTC
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Bitcoin Whales Surge as Economic Inflation Meltdown Looms, Over 2000 Wallets Now Hold Over 1000 BTC

On-chain analytics data confirms that Bitcoin whales are forming quickly, likely as economic inflation looms.

Glassnode Survey: 60% of Bitcoin Supply has been Immobile Showing Investors’ Hodling Behaviour
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Glassnode Survey: 60% of Bitcoin Supply has been Immobile Showing Investors’ Hodling Behaviour

Glassnode, an on-chain analysis company, has revealed that 60% of Bitcoin (BTC) supply has remained inactive in more than a year. This considerable number shows the hodling tendencies adopted by investors, and a similar trend was witnessed in 2017 some months before the BTC price skyrocketed to a record high of $20,000.