#on-chain
5 stories
Bitcoin's Rebound Nears $85,000 Cost-Basis Cluster as Ether Whales Trim Bullish Bets
Bitcoin briefly topped $84,000 and Ether regained $2,500, but investor cost-basis data and $26.5bn of Ether futures positioning point to hurdles ahead.

Visa's Stablecoin Data Reset Cut Adjusted Volume While Transfer Counts Fell Under 2%
Expanding labelled addresses from about 15m to 600m stripped out high-value pass-through flows, but Visa's data do not show whether real payments changed.

Bitcoin's Rebound Near $86,000 Draws Spot Buyers as Leverage and ETF Outflows Build
Glassnode data shows real spot demand behind an 11.65% weekly gain, but elevated funding, profit-taking and about $300m of weekly ETF outflows leave the move exposed.

Bitcoin Has Entered the 'Initial Phase' of a New Bull Market, CryptoQuant Says — With $83K the Line That Matters
The firm's Bull Score jumped from 30 to 80 in a week as spot and futures demand grow together for the first time since October.

Terminus Drains $38M a Week After Oversubscribed Launch
The team's wallet moved the entire treasury through a mixer on Sunday evening. On-chain sleuths flagged the activity within minutes; the team's Telegram went dark an hour later.