glassnode (@glassnode) / X

glassnode

5,557 posts

glassnode

@glassnode

Digital asset data, analytics, and research. studio.glassnode.com insights.glassnode.com

Zug | Berlin

Joined July 2018

Pinned
glassnode
@glassnode
May 26
Exchange OS launches today on @XLayerOfficial, a permissionless, builder-first protocol where anyone can deploy spot, perps, and outcome markets on shared infrastructure. Glassnode is supporting @okx and @XLayerOfficial as a data provider. Our unified on-chain, spot, and
X Layer
@XLayerOfficial
May 26
Article
Introducing Exchange OS: Build Your Own Market
Today, we are introducing Exchange OS, a major protocol upgrade built on X Layer that enables developers, institutions, and ecosystem participants to deploy spot, perpetuals, and outcome markets using...
78K
glassnode
@glassnode
7h
The 30D-SMA of US Spot ETF trading volume has contracted from $4.4B/day in October 2025 to $0.96B/day today, a 78% decline. Combined with the 49% drop in DAT company volumes flagged earlier, both TradFi channels for Bitcoin exposure are signalling the same thing: Speculative
glassnode
@glassnode
7h
The 30D-SMA of total trading volume across BTC treasury companies has declined from $34.2B/day in Dec 2025 to $17.4B/day today, a 49% drop in roughly six months. Speculative interest in DAT equities tracks BTC price closely. As spot has pulled back, the appetite for leveraged
15K
glassnode
@glassnode
7h
The 30D-SMA of total trading volume across BTC treasury companies has declined from $34.2B/day in Dec 2025 to $17.4B/day today, a 49% drop in roughly six months. Speculative interest in DAT equities tracks BTC price closely. As spot has pulled back, the appetite for leveraged
19K
glassnode
@glassnode
Jun 10
Finding a Floor $BTC traded down to $60K as profitability collapsed, recent buyers sank into loss, and realized losses accelerated. Institutional demand weakened while options markets continued to price elevated risk. Read the full Week On-Chain👇 glassno.de/4ul8ToV
17K
glassnode
@glassnode
Jun 9
The 90D-SMA of XRP's Realized Profit to Loss Ratio has fallen to 0.38. For every dollar of loss being realized in the market, only 38 cents of profit is being taken. At the 2025 peak, this ratio reached 50, meaning profit-takers were overwhelming loss-sellers by a factor of 50x.
glassnode
@glassnode
Jun 9
The 90D-SMA of total fees paid on the XRP network has fallen from 5.9k XRP in Feb 2025 to 0.5k XRP today, a 91.5% decline. A drop of this magnitude is not a fee market adjustment. It reflects a near-total contraction in organic transaction demand on the network since the
16K
glassnode
@glassnode
Jun 9
The 90D-SMA of total fees paid on the XRP network has fallen from 5.9k XRP in Feb 2025 to 0.5k XRP today, a 91.5% decline. A drop of this magnitude is not a fee market adjustment. It reflects a near-total contraction in organic transaction demand on the network since the
glassnode
@glassnode
Nov 17, 2025
The share of XRP supply in profit has fallen to 58.5%, the lowest since Nov 2024, when price was $0.53. Today, despite trading ~4× higher ($2.15), 41.5% of supply (~26.5B XRP) sits in loss — a clear sign of a top-heavy and structurally fragile market dominated by late buyers. 📉
31K
glassnode reposted
𝐓𝐗𝐌𝐂
@TXMCtrades
Jun 8
Since 2020, daily issuance has been dwarfed by the volume from long term holders to exchanges- activity that typically suggests desire to sell. This volume has increased since the ETFs launched. When someone relates MSTR or others' buying to daily mined supply, remember this.
20K
glassnode reposted
Rafael
@n3ocortex
Jun 8
$BTC's CVDD/Price Ratio is at 0.73 and climbing. At prior cycle lows it peaked near 1 (0.90/0.91/0.95 in 2015/18/22) as price meets the CVDD floor. With the current floor ~$46K, a repeat would point to a bottom near $52–59K, ~12–13 months past the Oct 2025 ATH → Q4 2026.
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glassnode
@glassnode
Jun 8
The share of ETH supply sitting at more than 3x profit has dropped to 11%, the lowest reading since February 2017. What makes this cycle structurally different? In the previous two cycles, this cohort exceeded 50% of total supply at peak. This time, that threshold was never
32K
glassnode
@glassnode
Jun 8
$BTC fell from $74K to below $60K in a swift sell-off, triggering heavy liquidation pressure. Buyers stepped in near the lows, helping price recover toward $64K, but the broader trend remains weak. Read this week’s Market Pulse👇 glassno.de/43W6EO6
Bitcoin
BTC
$63,407.00
+3.06%
16K
glassnode reposted
cryptovizart
@CryptoVizArt
Jun 6
The 30D-SMA of US Spot ETF netflows has reached -2.45k BTC/day, the fastest sustained pace of outflows since ETF launch. This is no longer a short-term reaction. A month-long average at record negative territory reflects a structural shift in institutional positioning, not
cryptovizart
@CryptoVizArt
Jun 6
The Cost Basis Distribution heatmap shows a dense supply cluster in the $80k–$126k range, representing coins still held by buyers near cycle highs. For a sustained recovery to take shape, this supply needs to gradually migrate into new buyers' hands at lower cost basis levels.
26K
glassnode reposted
cryptovizart
@CryptoVizArt
Jun 6
The Cost Basis Distribution heatmap shows a dense supply cluster in the $80k–$126k range, representing coins still held by buyers near cycle highs. For a sustained recovery to take shape, this supply needs to gradually migrate into new buyers' hands at lower cost basis levels.
48K
glassnode reposted
Rafael
@n3ocortex
Jun 5
1/ Where is the #Bitcoin bottom? $BTC has fallen to $62K, nearly 50% below its ATH and down 24% in a month. Price has now worked through the upper rungs of our pricing framework, moving into the cluster of valuation levels where past cycles have found their floor. 🧵
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