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Addresses

Bitcoin from a different perspective The chart above shows the ratio of Bitcoin price per total number of addresses. I believe this chart gives us a good perspective. Look at the chart. We have a supply zone at the top. There is a bull run after each halving event. After the first two halving events (2012 and 2016), the price has risen until it entered the supply zone, after which it has dropped sharply. But this time it has remained in the supply zone and is consolidating. We can see a big bullish move If it breaks this zone for the first time. ────────────────────────────────────────────────────────────────────────────────────────── Terms: A Bitcoin address is a unique identifier that serves as a virtual location where the cryptocurrency can be sent. A Bitcoin halving is when the payout for mining a new block is halved, and this happens after every 210,000 blocks (approximately four years).
BITSTAMP:BTCUSDLong
by BobRivera990
2
Ethereum Address Moves 80,000 ETH to Unknown WalletIn a major price recovery, Ethereum saw a jump in retail demand as the crypto asset has climbed by more than 5% in the last 24 hours. Large ETH outflows from digital exchanges to unknown wallets are also playing an important role in the recent price action. On Monday 21 March 2022, a prominent Ethereum wallet moved 80,000 coins worth over $236 million from Crypto.com to an unknown wallet. The transfer, which was executed at around 6:41 UTC, represents one of the largest Ethereum transfers in recent weeks. The movement of leading cryptocurrencies, including Bitcoin and Ethereum, from crypto exchanges to unknown addresses and cold wallets has been surging since the start of 2021. As a result, the exchange supply of BTC and ETH has reached record low levels.
COINBASE:ETHUSDLong
by dineutronvenger
7.02 Billion SHIB BurnedAccording to a recently published tweet, over the past 24 hours, more than one billion Shiba Inu meme coins have been moved to "inferno" wallets and out of circulation. Aside from that, this SHIB-related business has made the commitment not only to burning meme coins but also to help with global SHIB adoption and utilization. 7.021 billion Shiba Inu sent to dead addresses @shibburn has reported that since last morning, a comprised 7,021,292,580 Shiba Inu have been incinerated, i.e., moved to wallets from which these tokens can be neither withdrawn nor otherwise spent. It took the various teams and individuals 41 transactions to remove that much SHIB, which is worth $24,296 in fiat.
GEMINI:SHIBUSDLong
by telsgislomes
2
BTC Price vs New AddressesFollowing the price bubble peak in 2017 Bitcoin entered a 3-year bear market that saw prices fall from a high near $20k to a low near $3k. As price peaked in 2017, so did the number of unique addresses to appear on the Bitcoin blockchain. As price peaked in 2021, so did the number of unique addresses to appear on the Bitcoin blockchain. If you view the number of new addresses to appear on the chain as new traders/investors entering the market and creating Bitcoin wallets, you can see that there is currently a lack of new buyers entering the market. No new buyers = no new money to sustain price growth. There is also a bearish divergence that formed as price made a double top in 2021. As price moved higher, the number of new addresses moved lower which is forecasting that price is likely to decline unless there is a surge in new addresses being created on the Bitcoin blockchain.
BShort
by PrepForProfit