The Weekly Update - Week 34
A slow week for bitcoin, while DeFi tokens maintain the strong momentum.
Highlights from this week's report below
A slow week for bitcoin, while DeFi tokens maintain the strong momentum.
Highlights from this week's report below
Total crypto market cap is at the highest level since April 2018
The current market cap of $382 billion is still 55%
lower than the January highs of 2018
Data: @coingecko
The current market cap of $382 billion is still 55%
lower than the January highs of 2018
Data: @coingecko
Whales are accumulating more #BTC
The number of wallets holding more than 1000+ BTC just reached a new all-time high
The recent uptick shows that large BTC holders currently have no interest in realizing profits.
Data from @santimentfeed
The number of wallets holding more than 1000+ BTC just reached a new all-time high
The recent uptick shows that large BTC holders currently have no interest in realizing profits.
Data from @santimentfeed
DEX volumes on a constant push towards higher highs
The weekly volumes on decentralized exchanges are up 575% over the past two months. @UniswapProtocol is the dominating platform in the space, accounting for more than half of the total DEX volume.
Data from @DuneAnalytics
The weekly volumes on decentralized exchanges are up 575% over the past two months. @UniswapProtocol is the dominating platform in the space, accounting for more than half of the total DEX volume.
Data from @DuneAnalytics
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