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Large Bitcoin holders have reportedly moved more than 11,000 BTC off exchanges as traders revisit a seller-exhaustion setup.

A leading crypto analyst has further expressed their confidence that Dogecoin could be set for a bullish run in the current market cycle. This comes thanks to renewed buyer interest in the coin following its recent drop. Rising Volume Signals Strong Demand for Dogecoin In an X post, Crypto analyst Emilio Crypto Bojan described the latest drop in DOGE as a “generational entry” point.  According to Bojan, trading volume began rising soon after the coin hit its low point, suggesting that many investors bought the dip rather than selling. Related Reading: Dogecoin Has Entered A Historically Red Month And The Result Could Be Catastrophic The meme coin fell by about 14% to $0.07763 during last week’s high-volatility period, when Bitcoin fell to $59,000. Bojan considers this a perfect moment to buy this coin at a low price. Since then, DOGE has recovered to around $0.08529. The coin has also maintained strong interest among traders, with a 24-hour trading volume of about $812.7 million and a market value of roughly $14.5 billion. Analysts are now closely watching the $0.099 price level. This is seen as an important resistance point for Dogecoin. Bojan believes that if the meme coin can move above $0.099 and stay there, it could confirm that buyers have regained control of the market. He expects the cryptocurrency to “pump hard” after reclaiming that level. Meanwhile, data from Santiment shows that wallets holding between 100 million and 1 billion DOGE have been reducing their holdings in recent weeks. These wallets now control 23% of Dogecoin’s circulating supply. The decline marks the lowest level in five months. At the same time, wallets holding more than 1 billion DOGE, which are often associated with crypto exchanges, have increased their share of the circulating supply. Their holdings have risen to 47%, suggesting high activity among retail investors. Bullish DOGE Sentiment Builds Up Among Analysts Another analyst, Trader Tardigrade, recently pointed to a chart pattern that mirrors Dogecoin’s historic bull cycle. The analyst noted that the coin appears to be repeating the same sequence seen between 2014 and 2017, where the coin went through a long consolidation period, followed by a falling wedge formation and then a breakout. Related Reading: Are Meme Coins Like Dogecoin And Shiba Inu Still Worth Buying? During the previous cycle, DOGE rallied by an astonishing 29,000% after the pattern was completed. Trader Tardigrade believes the current market structure looks quite similar, raising expectations that another powerful move could be developing. Adding to the bullish outlook, Ali Martinez noted that Dogecoin recently reached his target price of $0.0883. He said the meme coin is now testing the lower boundary of its current trading channel, which could determine its next move.  As long as the coin remains above this support level, the analyst believes a recovery toward $0.1019 and possibly $0.1156 remains likely. At press time, the coin was valued at $0.08522, according to data from CoinMarketCap. Featured image from Pngtree, chart from Tradingview.com

Following its bullish performance at the start of Q2 2026, the Bitcoin spot ETFs market has slumped into negative momentum in recent weeks, in line with the broader price correction. Data from ETF tracker shows that total net outflows for May stand at $2.30 billion, representing the largest negative performance since November 2025. However, a trend analysis by blockchain research firm Santiment reveals the recent market exit represents a similar market build-up for a bullish price breakout. In an X post on May 29, Santiment reports that total Bitcoin ETF outflows since May 7 have reached approximately $4 billion, reflecting dominant bearish sentiment among institutional investors. The spot ETFs, by design, are financial products that track the real-time price of Bitcoin by owning actual BTC. They provide an indirect, regulated access to engaging the Bitcoin market and are a major gauge of institutional investor sentiment. Therefore, a rise in inflows represents strong market optimism, while massive outflows, as recently seen, indicate fear and caution among one of Bitcoin’s largest investor cohorts.   Related Reading: Anchorage Warns Bitcoin Yield Trade Could Cap Gains If BTC Rips Higher Bitcoin ETF Flows And The Inverse Market Price Reactions According to Santiment analysts, heavy ETF flows have historically functioned as a contrarian indicator, i.e., market prices move in the opposite direction to traders’ predictions. Therefore, extremely high market inflows occur when demand is excessive and the market is overheated, just before the price reaches a local peak.  This phenomenon was observed when ETF inflows reached $1.21 billion on October 6, 2025, and $840.6 million on January 14, 2026, effectively generating validated sell signals on both counts. On the other hand, heavy market outflows over a short period have occurred at times of peak fear and risk aversion among investors, creating conditions for a market bottom. According to Santiment’s data, this pattern was observed on November 20, 2025, after an outflow of $903.2 million, which effectively translated into a buy signal. Amid $4 billion in withdrawals over the last three weeks, Bitcoin spot ETFs recorded an outflow of $737.7 million on May 27, the largest single daily outflow over the last four months. Santiment analysts predict that this massive outflow suggests investors are scaling down their exposure and that there is a gradual trend towards the market bottom, where other patient and smart money investors are likely to enter. Related Reading: Analyst Compares This Bitcoin Bear Market To Previous Cycles To Show What’s Coming Next Bitcoin Price Overview At press time, Bitcoin trades at $73,476, reflecting a 3.19% loss in the last day. Featured image from Pexels, chart from Tradingview

Crypto pundit CharuSan has again commented on his prediction that XRP could rally above $300. He addressed concerns that the token’s potential market cap makes it impossible to reach this target, highlighting why the market cap metric doesn’t affect XRP. Pundit Points To Trillion-Dollar Market That Could Push XRP Above $300 In an X post, CharuSan alluded to the $27 trillion sitting idle in global Nostro/Vostro accounts, the massive volumes in FX markets, major banks, DTCC clearing, and institutional corporations as the reason why XRP could rally above $300. He noted that, based on this, it is a necessity to prevent the system from locking up for a bridge asset carrying this volume to reach a value of $10 trillion.   Related Reading: Market Analyst Accuses XRP Of Being The Biggest Crypto Scam, What’s Going On? The pundit noted that XRP is an institutional bridge asset and a liquidity tool specifically engineered to settle large cross-border value transfers without slippage. He also mentioned that market cap is a metric for stocks, not for institutional bridge assets or liquidity tools like XRP. Charusan further explained how the market is getting it wrong by focusing on the market cap metric.  He said that traditional financiers make a mistake when they say an $8 to $10 trillion market cap is too big. CharuSan noted that market cap doesn’t mean all circulating coins will be cashed out at that current price. Instead, it is simply the unit price of the last executed transaction multiplied by the supply.  CharuSan had earlier predicted that XRP would rally to $300 as it gains adoption by banks for settling cross-border transactions. He explained that the token needs to have a high price to avoid bottlenecks or massive slippage when banks are using it for settlements. The analyst also mentioned that the CLARITY Act will boost banks’ adoption of XRP.  Why XRP Could Be Undervalued On-chain analytics platform Santiment has explained why XRP could soon see a rebound. In an X post, they noted that the average XRP trader that has been active in the past 30 days is down around 47%, with many selling at the bottom. Santiment stated that, historically, the market value-to-realized value ratio (MVRV) will always average out to 0%, making the current period an “extreme” zone for XRP.  Related Reading: XRP Primary Elliot Wave Remains Intact And It’s Pointing Above $8 Santiment noted that XRP’s 30-day MVRV has fallen to its lowest level since December 2020, suggesting that fear and frustration among traders have reached rare extremes. This has historically preceded strong rebounds, indicating that a rebound for XRP may be on the horizon. The platform added that this deeply negative MVRV zone creates conditions where even small positive catalysts can trigger strong recoveries.   At the time of writing, the XRP price is trading at around $1.32, down in the last 24 hours, according to data from CoinMarketCap. Featured image from Adobe Stock, chart from Tradingview.com

XRP crowd sentiment has deteriorated to its weakest level in three weeks, according to a Santiment Intelligence chart shared on X, putting the token back in what the analytics firm described as a historically relevant “FUD zone.” Santiment said the ratio of positive to negative social media commentary around XRP has dropped to just 1.1 bullish comments for every bearish comment. In the chart, the positive-to-negative sentiment ratio sits near 1.104 on May 25, close to the lower fear threshold marked by Santiment, while XRP’s price line hovered around the mid-$1.30 area. Related Reading: Why Questions Are Being Raised about The XRP Ledger’s 300,000 Milestone “XRP’s crowd sentiment has swung sharply negative again, with the ratio of positive to negative commentary dropping to just 1.1 bullish comments for every 1 bearish comment,” Santiment wrote. “Historically, this kind of fear and skepticism has often acted as a contrarian signal for XRP’s price.” What This Means For XRP Price The point of the signal is not that bearish commentary has overtaken bullish commentary outright. Rather, it shows that the balance of social discussion has compressed sharply toward parity. For a token that often trades heavily on retail sentiment, legal narratives, exchange-flow speculation and broader altcoin risk appetite, a sharp decline in crowd confidence can matter because it may indicate that bullish positioning has already been flushed out. Santiment framed the move as a potential contrarian setup. The firm argued that when traders become unusually fearful, weaker holders may have already exited, reducing marginal selling pressure and creating conditions for stabilization. “When traders across social media become overly fearful, many weak hands have already sold, reducing selling pressure and creating conditions for a rebound,” Santiment said. “The below chart shows that previous dips into the ‘FUD zone’ were frequently followed by price stabilization or bounces shortly afterward.” Related Reading: XRP Channel Pattern Points To $5, Says Korean Analyst The chart contrasts that lower fear band with a higher “FOMO zone,” where crowd optimism becomes stretched. Santiment’s historical framing is straightforward: extreme pessimism can coincide with exhaustion in selling, while extreme enthusiasm can appear near local tops because too many market participants are already positioned for upside. “The opposite effect can happen during periods of extreme excitement and hype,” Santiment wrote. “When the positive-to-negative sentiment ratio rises deep into the ‘FOMO zone,’ it usually means traders are becoming overly confident and aggressively buying based on fear of missing out. Those moments often occur close to local tops because too many traders are already positioned bullishly, leaving fewer new buyers available to keep prices rising.” Notably, Santiment is not saying that a rebound is guaranteed. The data instead suggests that the current sentiment backdrop has historically been more constructive for short-term recovery attempts than periods of elevated crowd optimism. Santiment told traders to monitor XRP’s “elevated fear level,” saying the current zone has historically increased the probability of a short-term bounce or recovery. At press time, XRP traded at $1.34. Featured image created with DALL.E, chart from TradingView.com

Dogecoin’s price action looks bare on the surface, but the wallets that often matter most are making interesting moves. Notably, on-chain data shows that large DOGE holders have returned to accumulation at a time when the meme coin is trading below its most important technical price zones of the year. Dogecoin Whales Are Buying Into Weakness DOGE has spent much of 2026 under pressure, with rallies repeatedly struggling to turn into upside above $0.10. That has made whale behavior more important because large holders tend to accumulate during periods when smaller traders are either selling, waiting, or losing interest. Related Reading: Dogecoin Adoption Is Back In The Cards, But Why Is DOGE Price Still Crashing? On-chain data tracked by crypto analyst Ali Martinez and sourced from Santiment shows that large DOGE holders purchased more than 525 million tokens in a 96-hour window. At the time the accumulation was recorded, Dogecoin’s price action was locked in a tight squeeze directly below the 200-day moving average, a long-term trend line currently around $0.12. For context, that level has acted as a ceiling for most of 2026. Interestingly, the 525 million DOGE purchase reported by Ali Martinez is especially notable because it happened within only four days. This shows that large wallets were actively absorbing supply during a compressed trading window. This kind of buying can reduce immediate sell pressure on Dogecoin.  Another interesting thing is that the large wallet inflows do not appear to be coming from Spot Dogecoin ETFs. These funds have recorded only $860,960 in inflows over the past week, a relatively small figure compared to the whale accumulation. Based on Dogecoin’s current price, the 525 million DOGE bought by large holders is worth more than $52 million. The 200-Day Moving Average DOGE Must Beat The main technical issue for Dogecoin is the 200-day moving average. At the time of writing, Dogecoin’s 200-day MA is at $0.12. Dogecoin is also trading at $0.1025, which places it just 15% below the moving average. Related Reading: How To Time The Dogecoin Bottom And When The Price Will Reach $2 A Dogecoin price breakout above the 200-day moving average would give bulls their first major technical confirmation in months. It would show that the whale accumulation is starting to affect the chart, and it could also force short-term traders to reassess Dogecoin’s position. According to a crypto analyst that goes by the name Cryptollica on X, Dogecoin is now facing a kind of opportunity that has appeared only a handful of times in the last 12 years, pointing to previous cycle bottoms in 2015, 2020, and 2022. In each case, DOGE spent a long period looking inactive. As it stands, the Dogecoin Cycle Score has dropped back to the rebuild zone, which is a level that has always appeared when attention to the meme coin is very low. All that needs to happen now is for Dogecoin to break above the 200 MA, and a rally could start to make sense. Featured image from Pixabay, chart from Tradingview.com

Six straight days of outflows from US spot Bitcoin ETFs — totaling $1.26 billion — are drawing attention not for the losses they represent, but for what history suggests might come next. What The Data Shows Blockchain analytics firm Santiment says these outflows should be read as a counter-signal rather than a warning. According to the firm, ETF flows reflect retail investor behavior more than institutional positioning, which means sustained outflows tend to mark bottoms rather than the start of deeper slides. Related Reading: New Bitcoin Lows? Analysts Say Chances Are ‘Extremely Slim’ Santiment pointed to a consistent pattern: large inflow spikes have historically landed near price tops, while heavy outflow periods have lined up with buying opportunities. The numbers support the argument. On July 10, 2025, spot Bitcoin ETFs recorded $1.18 billion in inflows — a period that coincided with a local price top. October 6, 2025 brought $1.21 billion in inflows, and prices peaked around the same time. On the other side, $903 million in outflows hit on November 20, 2025, a moment that proved well-timed for buyers. Based on this track record, Santiment says the current outflow streak fits the same mold — retail investors cutting exposure after Bitcoin failed to hold $80,000 in May, hitting a high of $79,050 on May 16 before pulling back. Retail Fear, Not Institutional Exit Bitcoin was trading at $75,400 when Santiment published its report on Friday, May 22. The firm described the current climate as the highest level of market fear seen in more than 3.5 months. Rather than treating that as cause for alarm, Santiment framed it as a familiar setup — retail capitulation that has historically reset conditions ahead of recoveries. Spot Bitcoin ETFs recorded outflows across each of the six trading sessions from May 15 through May 22, according to Farside Investors data. The 11 funds tracked collectively posted $1.26 billion in net outflows during just five of those sessions. On May 22 alone, total net outflows came to $105 million, according to SoSoValue data, extending the outflow streak to six consecutive days. Related Reading: Bitcoin Treasury Company Nakamoto Takes Action To Prevent Stock Slide ETF Analyst Sees Recovery Ahead ETF analyst James Seyffart offered a separate reason for optimism. Speaking on a podcast, Seyffart noted that total Bitcoin ETF inflows are approaching their all-time high of $60 billion and that most of the $9 billion in outflows recorded between October and February has since been recouped. He expects the all-time inflow record to break in the near term. Featured image from Unsplash, chart from TradingView

As Ethereum (ETH) remains trapped below crucial resistance levels, the altcoin seems to be experiencing “one of the most dramatic sentiment reversals in crypto,” with recent data revealing that traders have gone from patience to frustration in recent weeks. Related Reading: Zcash (ZEC) Soars To Six-Month Highs After 110% Rally – Can It Break The $700 Barrier? Ethereum Sentiment Takes A Hit According to data from analytics firm Santiment, Ethereum has taken a hit not only in market value but also in the number of “patient holders” over the past few months, with the King of Altcoin’s sentiment plummeting as the price struggles under crucial levels. The cryptocurrency had been trading between $2,200 and $2,400 since early April, attempting to break out of this price range on multiple occasions. After another failed breakout earlier this month, ETH has declined 11.5%, potentially risking a drop below $2,000 for the first time since March. Amid its recent decline, Ethereum’s social dominance continued to climb, raising concerns about traders’ sentiment. As Santiment explained, rising social dominance is usually a healthy sign when there’s strong bullish momentum. However, ETH’s social discussion volume exploded after the April 17 local top and continued as the altcoin’s price slid. “This is often what happens when traders become emotionally locked onto an asset for negative reasons rather than optimistic ones. Instead of excitement about new highs, the conversation shifted toward frustration, disappointment, and fear of further downside,” the post read. In addition, the ratio between Ethereum bullish and bearish comments collapsed since April, falling from a relatively healthy 2:1 sentiment ratio, with bullish comments outnumbering bearish ones, to roughly 1:1, a sign that positive views have largely faded and negative views now match the positive ones. This kind of deterioration has historically occurred when traders lose confidence in short-term direction, Santiment stated, adding that for Ethereum, the sentiment collapse didn’t come from a catastrophic event, but “several negative narratives piling up simultaneously over a relatively short period of time.” What’s Behind The Negative Sentiment? Santiment outlined several narratives pushing Ethereum sentiment down, starting with the cryptocurrency’s performance. Notably, ETH has struggled to reclaim the leading role it held in previous cycles, with more traders seeing it as “dead money” compared to assets with much stronger momentum this year. Ethereum ETF performance has also intensified concerns, as retail traders often interpret massive withdrawals as proof that institutions are “abandoning” the asset. “That creates a psychological feedback loop where falling prices generate fear, fear causes outflows, and then those outflows generate even more fear. Ethereum’s bearish sentiment has increasingly reflected this cycle throughout the month,” the firm detailed. Moreover, reports of multiple departures from the Ethereum Foundation, prominent ETH advocates publicly distancing themselves from the ecosystem, and major ETH figures allegedly reducing or exiting their holdings have significantly amplified the negativity. At the same time, Ethereum has been facing criticism related to competition from faster-growing ecosystems, with retail traders caring less about developer strength and more about short-term price acceleration. On-chain activity has also noticeably weakened compared to previous ETH rallies, with fewer new wallets interacting with the network, and overall participation slowing alongside price momentum. Related Reading: European Commission Launches Crypto Rules Review As Euro Stablecoin Project Gains Support Nonetheless, Santiment suggested that ETH’s growing bearishness “may eventually become constructive from a contrarian perspective” as markets historically punish the crowd “when consensus becomes too one-sided.” The firm concluded that Ethereum is reaching a point where social media discussion has become overwhelmingly negative, which, from a behavioral standpoint, is “often what forms near major turning points.” Featured Image from Unsplash.com, Chart from TradingView.com

Failed transactions on the XRP Ledger climbed sharply this week alongside a burst of new user activity, as on-chain data pointed to a wave of participation that accompanied the token’s latest price recovery. Wallets Running Toward 8 Million Total activated accounts on the XRP Ledger reached 7,856,080, putting the network within striking distance of a milestone that has been building for months. Related Reading: Bitcoin Faces Major Test As 37% Recovery Collides With Bear Resistance That figure was pushed higher by a surge in new wallet creation — 3,317 fresh wallets were added in a single day, the strongest reading since March 19. New wallet activity had been relatively quiet for much of May, dipping to around 2,200 on May 10 before climbing back up in the days that followed. Active addresses on the network also jumped. According to Santiment, 48,453 unique addresses were active within a 24-hour window — the highest count since March 30. XRP’s price had climbed above $1.54 during that period, a level it had not reached in roughly two months, before pulling back below $1.50. ???? The $XRP price surge above $1.54 for the first time in 2 months was enough to help the network erupt to its highest level of on-chain activity since March. The XRP Ledger just had its highest 24-hour period of: ???? Active Addresses (48,453: Highest Since March 30) ???? Network… pic.twitter.com/iInHHdei5P — Santiment Intelligence (@SantimentData) May 15, 2026 Santiment attributed much of the activity surge to investor response to the price move. Data shows that wider participation across a blockchain network is generally seen as a positive indicator for medium- and long-term valuation, even when the initial trigger is price-driven excitement. Errors Spike Alongside Activity Separate data from XRPScan added another layer to the picture. The number of active users tracked through source tags and destination tags moved above 184,000 on May 15, the second-highest reading since early April. At the same time, failed transaction errors rose sharply. Attempts returning a “tecNO_PERMISSION” result — which occurs when a sender lacks authorization for an operation — reached 1,332 on May 19, the highest since March 31. Transactions failing due to “tecINSUFFICIENT_FUNDS,” meaning the sender did not hold enough of the required asset, climbed to 656 on the same date, a peak not seen since April 19. Price Recovery Drives The Numbers XRP joined a broader market rebound this week, briefly touching $1.54 before resistance slowed the move. That short-term rally was enough to pull several network metrics to their best levels in weeks. Related Reading: Is Zcash The Next Bitcoin? Investors Rush Into The Privacy Coin Narrative According to Santiment, the daily active address count and new wallet figures had shown no consistent direction for most of the month. The jump recorded this week broke from that pattern. Whether the uptick in usage holds beyond the immediate price action remains to be seen, but for now, the XRP Ledger posted its most active stretch since late March. Featured image from Pexels, chart from TradingView

On-chain data from Santiment shows the number of XRP Ledger wallets holding at least 10,000 XRP tokens has reached a new all-time high. The milestone comes at a time when XRP is still trading 60% below its all-time high, showing how much disconnect there is between price and holder activity. It also raises a major question: are larger holders positioning early before the price catches up? XRP Ledger Hits Record High In 10,000+ XRP Wallets XRP has spent much of 2026 fighting to regain stronger bullish momentum, but its on-chain picture is telling a different story from the price chart. Many large wallets are not leaving the network. They are adding to it. Related Reading: Market Analyst Outlines How The XRP Price Will Reach $300 And What Everyone Is Missing Particularly, data from the on-chain analytics platform Santiment shows that the number of XRP Ledger wallets holding at least 10,000 XRP has climbed to a record 332,230. Santiment noted that this continues a steady growth trend that has been building since June 2024, despite the price volatility that has followed XRP across several phases of the crypto industry. The chart shared by Santiment shows the 10,000+ XRP wallet cohort rising almost consistently from late 2025 into May 2026. However, the most severe test of that trend came in early February.  Between February 6 and 8, 2026, over 4,500 wallets in the 10,000+ XRP bracket disappeared during a broader crypto market selloff. During that time, the Bitcoin price fell 12.6% on February 5 to $63,500, its lowest level since October 2024, as the wider crypto market suffered heavy losses and over $1 billion in liquidations. However, the wallet count subsequently recovered in the second half of February and has been on an uptrend since then. Now, the number of large XRP holders has broken past its January peak and is at a new high of 332,230 addresses. Will The XRP Price Follow The Holder Growth? The question now is whether this wallet growth can translate into price momentum. According to Santiment, the rising numbers of mid-to-large wallets suggest increasing conviction from investors who are less focused on short-term price swings and more interested in long-term positioning. This means that many XRP traders believe in ultra-bullish price targets for the long term.  Related Reading: XRP Is Quietly Taking Over And These Are The Things That Investors Keep Missing Interestingly, there are also other pieces of market data that support the idea that XRP is attracting capital. The five US-listed spot XRP exchange-traded funds reported a combined $25.8 million in net inflows on May 11, the largest single-day haul since January 5, when they drew $46 million in their first week of trading, according to SoSoValue data. On-chain accumulation does not automatically lead to an immediate rally, and XRP’s price chart still has work to do. Buyers need to turn accumulation into visible bullish pressure. The first sign would be a stronger move away from the current $1.40 to $1.50 range. The current most important breakout zones are around $1.52 and $1.54. A successful daily close above $1.54 could validate a bullish breakout on the shorter timeframes, while a close above $1.60 will validate a bullish breakout on larger timeframes. Featured image from Adobe Stock, chart from Tradingview.com

Ethereum is showing a notable shift in on-chain behavior, as the network records its strongest wave of profit realization in weeks. After a period of steady accumulation and price recovery, a growing number of holders are now locking in gains. The spike reflects a meaningful shift in on-chain behavior as more investors move into profitable territory once again. What Rising Realized Profits Reveal About Ethereum Market Sentiment In a recent X post, Santiment Intelligence revealed that Ethereum has recorded its highest level of network realized profit in the past three weeks, with approximately $74.58 million in gains locked in. This surge in profit-taking comes as ETH’s price has declined 5.5% over the last three days, creating a seemingly counterintuitive market dynamic. Related Reading: Ethereum Sees Sharp Decline In High-Leverage Long Positions — See What Happens Next Currently, holders with a much lower cost are selling into the dip. A significant number of investors accumulated ETH when it traded below $2,000 during February and March, a period when savvy traders also accumulated, despite war fears and macro uncertainty across the crypto market. Traders who bought aggressively during those weaker conditions are still holding strong unrealized gains even after the current mid-May correction. As a result, some of those wallets are now choosing to secure profits while market conditions remain relatively favorable. At the same time, the data showed a significant increase in on-chain movement, and the 4-hour candles reveal a notable price action compression around the $2,241 level, suggesting a high on-chain activity distribution. Higher transaction volume results in more realized profit-and-loss events, meaning even relatively modest profits from individual wallets can collectively generate large realized profit totals at the network level when volume intensifies. Santiment noted that, based on current ETH trader behavior, caution should be exercised, but this doesn’t mean the market will be bearish. Watch out for deeper realized losses as a potential bottoming signal, and don’t position too aggressively until stronger signs emerge that the current distribution phase is nearing completion. Fidelity Brings Institutional Liquidity Fund To Ethereum The Etherealize has reported on X that Fidelity International has officially launched FILQ, a tokenized money market fund issued as an ERC-20 token on Ethereum, marking another major step in the institutional shift toward on-chain finance. Related Reading: Ethereum Lands JPMorgan’s New Tokenized Money Market Fund FILQ represents an on-chain version of Fidelity’s $7 billion institutional liquidity fund, maintaining the same core strategy and a Moody’s AAA-mf rating, with a key upgrade to 24/7 subscription and redemption. Meanwhile, some of the world’s largest asset managers are increasingly tokenizing cash and choosing ETH as the settlement layer. This shift aligns with comments from Larry Fink, CEO of BlackRock, who recently emphasized the pace of this transformation, stating that the market is underestimating how quickly all financial assets could become tokenized. Featured image from Getty Images, chart from Tradingview.com

As the market reacts to the latest crypto legislation, Ethereum (ETH) is flashing warning signs after a fresh technical sell signal emerged for the first time in months and a spike in on‑chain realized profits. Related Reading: DEF Warns ‘Anti‑DeFi’ Amendments To CLARITY Act Could Threaten Users, Developer Protections Ethereum Risks New Leg Down After Key Sell Signal On Thursday, Ethereum jumped 3.5 % intraday before hitting its three-day $2,320 resistance area. The move follows the advancement of the crypto market structure bill, known as the CLARITY Act, to a full Senate vote after a 15-9 bipartisan vote during the Senate Banking Committee’s long-awaited markup session. The King of altcoins has been moving sideways between $2,200 and $2,400 over the past month, which some have called a “no-trade zone.” While many analysts suggest that a breakout above the upper boundary is coming, analyst Ali Martinez has warned that Ethereum may be close to a major correction. In an X post, the market observer highlighted that a new sell signal has emerged on ETH’s weekly chart for the first time in nine months. He explained that the TD Sequential indicator has been highly precise in anticipating the altcoin’s trends since April 2025, with every signal on the weekly timeframe validated by significant price action over the past year. In mid-April and mid-June 2025, the key indicator flashed two buy signals, resulting in multi-week rallies of 87% and 134%, respectively. Meanwhile, it flashed a sell signal in late August 2025, which accurately timed a 63% correction from its all-time high (ATH) levels toward the February lows. Now, the latest weekly signal “suggests Ethereum is entering another corrective phase,” which could push the price to new local lows. If selling pressure accelerates, Martinez shared an initial target of $1,900, followed by potential mid- and long-term targets of $1,565 and $1,090. Time To Turn Cautious Or Bearish? Blockchain analytics firm Santiment highlighted that Ethereum realized profits rose to $74.58 million, its highest level in three weeks, even as the price fell 5.5% over the past three days. It noted that although this setup may seem “counterintuitive” given the recent pullback, it does not necessarily mean investors should turn completely bearish. As the firm explained, holders with a much lower cost basis are the ones taking profit during the mid-May dip. These traders accumulated back in February and March when Ethereum was below $2,000 amid market uncertainty and geopolitical risks. As a result, those who purchased during that period are still in profit despite the recent decline and may “have decided to sell while they feel they still have the opportunity to enjoy a profit.” Related Reading: Bitcoin Rally At Risk: This Critical Resistance Could End BTC’s Bullish Run Meanwhile, on-chain activity volume increased, with 4-hour candles showing notable price compression around the $2,241 level. Santiment emphasized that more transactions generate more Profit and Loss (P&L) realization events and that even modest individual profits elevate network-level total volumes. Based on the current Ethereum trader behavior, the firm told investors they do not necessarily need to turn bearish, but should instead “lean cautious” while waiting for clearer signals. “Watch for deeper realized losses as a potential bottoming signal, and don’t position aggressively until the distribution phase shows clear signs of ending,” it concluded. Featured Image from Unsplash.com, Chart from TradingView.com

According to the latest on-chain data, the Ethereum-native iteration of USDT, the world’s largest stablecoin, has just witnessed its largest exchange outflow in recent months. 1.29 Billion USDT Flow Out Of Crypto Exchanges In a May 9th post on the X platform, blockchain analytics firm Santiment revealed that USDT on the Ethereum network recently recorded its largest flow out of exchanges in months. Around 1.29 billion stablecoins (the highest since February) were transferred out of exchanges on Friday, May 8th. This on-chain observation is based on the change in the Exchange Flow Balance indicator, which measures the net amount of tokens moving into and out of centralized exchange addresses. Related Reading: This 1 Chart Explains Why Bitcoin Is Winning And Ethereum Is Losing Right Now A spike in the Exchange Flow Balance metric indicates that more tokens (USDT, in this case) are flowing to centralized exchanges. On the other hand, when the indicator declines, it suggests that investors are withdrawing assets from these trading platforms. Santiment explained the significance of investors moving their USDT away from exchanges, noting that this would ordinarily mean they are withdrawing their buying power from trading platforms where they can use it for instant cryptocurrency purchases. On the surface, this reduction of buying power (or capital) on exchanges is a bearish signal for crypto markets. However, the analytics firm believes that the significant USDT outflows (of this reported magnitude) suggest that institutional investors are moving capital to self-custody wallets, DeFi protocols, or OTC (over-the-counter) desks ahead of larger planned transactions. Therefore, capital is believed to be flowing out of the ecosystem, not entirely, but being repositioned for even larger purposes. Santiment also highlighted the pattern often surrounding exchange outflow spikes of this magnitude. For instance, as observed in the chart below, the Bitcoin price witnessed a mini-pullback over the subsequent two weeks following the 3.72 billion USDT outflow on February 9. What’s more interesting is that this pullback birthed the buying opportunity that has seen the Bitcoin price jump by more than 30% in the past few months. Santiment concluded in the social media post: Whether this current capital re-enters exchanges as buying pressure in the near term is the key variable to monitor. If USDT begins flowing back onto exchanges in the coming days, it would signal that deployment into crypto assets is imminent. Crypto Market Capitalization As of this writing, the total cryptocurrency market capitalization stands at around $2.66 trillion, up nearly 4% over the past week. Related Reading: 14,600 Bitcoin Sold in Profit in One Day: Here Is How BTC’s Own Structure Broke It Below $80K Featured image from iStock, chart from TradingView

The cryptocurrency market has seen increased commentary about the imminence of an altcoin season over the past week, with the Chainlink price performance a major contributor to the conversation. The LINK token, which has had a rough ride this year, seems to have roared back to life over the last few days. Despite facing rejection around the $10 mark earlier in the week, the Chainlink price appears to have finally broken the psychological resistance after strong action on Friday, May 8th. A prominent crypto analytics firm has pinpointed potential catalysts behind LINK’s recent price resurgence. LINK Exchange Supply Drops By 10% Since Early April: Santiment In a recent post on the social media platform X, Santiment identified the drivers for Chainlink’s price to reach $10.48, its highest market value since January. According to the market intelligence firm, the price jump in the past day has pushed the LINK token into the top 15 largest cryptocurrencies by market capitalization. Related Reading: Bitcoin Faces Massive Long Liquidation Imbalance As $15 Billion Sits Below Price Santiment revealed that a spike in Chainlink mentions in social media discussions over the past week might have played a role in the altcoin’s price resurgence. The analytics firm noted that Chainlink’s social volume reached a three-month high during the week. Indeed, an increase in social media comments and volume can signal improving investor sentiment for a cryptocurrency. However, investors might want to watch for extreme levels of social commentary, which could signal a local top, as the market tends to move in the opposite direction of the crowd. Furthermore, Santiment highlighted the recent decline in the Chainlink supply on centralized exchanges as another catalyst for its price breakout. According to the latest on-chain data, approximately 13.5 million LINK tokens have flowed out of cryptocurrency exchanges in the past five weeks, bringing down the exchange supply by more than 10.5% since early April. Typically, increased outflows from cryptocurrency exchanges are considered a bullish indicator, which could signal fresh accumulation or a shift in investor holding strategy (as investors with long-term horizons often hold their assets in non-custodial wallets). Hence, the Chainlink price could return to higher levels if the exchange outflow trend continues. Chainlink Price Overview As of this writing, the price of LINK stands at around $10.38, reflecting a more than 5% surge in the past 24 hours. Meanwhile, the altcoin has been one of the best-performing cryptocurrencies in the past week. Data from CoinGecko shows that the Chainlink price is up by nearly 14% on the weekly timeframe. Related Reading: Samourai Wallet Founder Writes From Prison Asking Bitcoin Community For Help — Family Is Out Of Options Featured image from iStock, chart from TradingView

Solana is showing a mixed outlook as it stabilizes around a key technical level while underlying network activity continues to soften. Price action has found a firm footing near the $84 support zone, helping to preserve the broader bullish structure and limit downside pressure for now. Market Structure Remains Strong Despite Engagement Drop Solana is holding a critical level that could define its next major move. An analyst known as Venture on X highlighted that SOL is currently at the support-resistance (SR) level around $84, and the structure suggests there is little reason for the price to break below it. Once momentum shifts, price could quickly move through nearby value areas, and the structure below has effectively turned into a defensive base. Related Reading: Solana (SOL) Hits Key Support, Will Bulls Hold the Line? Looking at the broader macro, this structure aligns with a major SR level that previously held firm, even as calls for a deeper 70% correction circulated. The current structure on the chart shows that the SOL price will not go lower until it loses its current level, and the money flow data will shift back to negative. In this context, SOL is behaving similarly to other cryptocurrencies that form a positive daily phase, often associated with mid-cycle pivots. With multiple technical factors aligning, the current setup is being viewed as a low-risk, high-reward long opportunity, as long as key levels continue to hold. What This Downtrend Means For Solana’s Market Position Solana is showing a striking divergence between network activity and market sentiment. Santiment Intelligence on X has noted that the SOL weekly active addresses have fallen sharply from around 5.01 million in early February to approximately 2.89 million in the latest data. Fewer wallets are actively transferring SOL, suggesting reduced usage at a time when the asset has largely stagnated in price. Related Reading: Solana Ecosystem Boom: Network Sees Massive Growth In Stablecoin Active Users At the same time, sentiment toward SOL platforms has surged to its highest level since January. Bullish commentary now significantly outweighs bearish views, with roughly 3.2 positive mentions for every negative one across X, Reddit, Telegram, and other platforms. The narrative gaining traction is that SOL may be primed for a breakout, especially after underperforming Bitcoin and other major assets, potentially benefiting from a mean reversion. However, the key question remains whether SOL can validate the bullish outlook, which will likely depend on its network’s ability to reverse the current decline in activity and reestablish meaningful on-chain utility. The founders of morecryptoonlv, known as MCO Global on X, have also pointed out that Solana is attempting to track the upward momentum of Bitcoin, with its broader wave structure still intact. From a technical standpoint, the current setup remains constructive, and the price needs to hold the signal line at $85.50 to maintain bullish momentum. Featured image from Freepik, chart from Tradingview.com

The latest holder data from Santiment shows that crypto adoption is still increasing, even as prices are without a clear bullish trend across the market. Bitcoin is approaching a major wallet milestone, XRP has continued to grow its user base, and Ethereum is dominating the field by a wide margin. Numbers Reveal A Surge In Adoption New figures from on-chain analytics platform Santiment show that cryptocurrencies are witnessing intense adoption across the board. This data is particularly gotten from the holder count from Santiment, which looks at the number of addresses with non-empty balances. Of the bunch, Bitcoin, XRP, and Ethereum are posting numbers that are noteworthy. Related Reading: Here’s Why The Bitcoin And Ethereum Prices Have Been Rising And Falling Sharply Bitcoin’s holder count is now one of the clearest signs of adoption across the crypto industry. Santiment’s latest data shows Bitcoin is currently at about 59.08 million non-empty wallets, bringing the network close to the 60 million mark. This means Bitcoin has built one of the largest ownership bases in crypto despite several months of difficult price action and correction from its 2025 price peak. The timing of Bitcoin’s wallet growth is important because it is coming at the same time institutional demand is starting to improve again. Data from SoSoValue shows that Spot Bitcoin ETF flows witnessed positive flows in March and April, after four straight months of net outflows from late November 2025 through February 2026 that totaled about $4 billion. Santiment’s data places XRP’s non-empty wallet count at 7.8 million. That figure, when viewed in isolation, is somewhat modest against Bitcoin’s tally. However, when viewed in context, it reflects a network that has increased in adoption with unusual consistency over the past 18 months since it started trading in the US again. This growth is also notable because XRP has not had the kind of price performance that would usually be expected to accompany a rising holder base. A Broader Market In Expansion The Santiment snapshot is not limited to only Bitcoin and XRP, and it places the cryptocurrencies in context compared to the rest of the market. According to Santiment, Ethereum is nearing 190 million non-empty wallets for the first time in its history, putting it far ahead of every other large-cap crypto asset tracked in the dataset. Ethereum’s 189.5 million non-empty wallets is itself a headline number, one that places it at 3.2 times Bitcoin’s holder count. Related Reading: Analyst Says High XRP Price Targets Are Dangerous, Here’s Why XRP’s 7.8 million non-empty wallets place it below Dogecoin’s 8.25 million and Tether’s 13.61 million on Ethereum, but above USDC’s 6.76 million, Cardano’s 4.63 million, and Chainlink’s 870,720 non-empty wallets. These holder numbers show how far crypto adoption has grown. Research estimates that about 559 million people now own cryptocurrency in 2026, representing a 9.9% global adoption rate, with further growth expected when clearer regulations take shape in the US and other major jurisdictions. Featured image from Pixabay, chart from Tradingview.com

Crypto market sentiment shifted from “extreme pessimism” to “ultra FOMO mode” in just three days — and analysts say that kind of rapid swing is exactly what makes the current Bitcoin moment worth watching closely. Related Reading: Stablecoins Go Institutional As Morgan Stanley Rolls Out New Portfolio Bitcoin Whales Load Up As Price Pushes Higher Data from crypto analytics firm Santiment shows Bitcoin wallets holding between 10 and 10,000 BTC have added roughly 41,000 coins since April 10 — a haul worth approximately $3.17 billion. The buying has come as Bitcoin climbed toward $80,000, a price level the asset hasn’t touched since late January. On Wednesday, BTC briefly hit $79,330 before pulling back to around $77,350. ???? The Bitcoin crowd has swung from extreme pessimism (on Monday) to ultra FOMO mode (on Thursday). Just as $BTC looked like it was going to freefall after an $80K rejection and FUD trickled in (a clear buy signal), prices quickly rallied to above $78.7K today. Now that $80K is… pic.twitter.com/AsDSovpA95 — Santiment (@santimentfeed) April 23, 2026 Santiment flagged the accumulation trend on X, saying Bitcoin’s key stakeholders are “accumulating rapidly.” The firm also noted that smaller holders — those with less than 0.1 BTC — picked up about 46 coins over the same stretch, valued at roughly $3.56 million. The gap between those two figures tells a story: the big players are moving in size while retail activity stays comparatively quiet. ???? Bitcoin’s key stakeholders are accumulating rapidly with $BTC currently up to $78.3K and crypto’s top cap up +15% in April. ???? According to our on-chain data: ???????? 10-10K BTC Wallets have collectively accumulated 40,967 more $BTC in the past 2 weeks (+0.3%) ???????? Less Than… pic.twitter.com/ViffTAQg4Q — Santiment (@santimentfeed) April 23, 2026 The Setup Analysts Are Watching According to Santiment, the most encouraging scenario would be one where large holders keep buying while smaller investors start cashing out. Reports from the firm describe that pattern as one of the strongest indicators that a prolonged price rally could be taking shape. Analysts have historically tracked this kind of divergence between whale behavior and retail activity as a potential precursor to sustained price gains. On the institutional side, Andre Dragosch, head of European research at Bitwise, said demand from large professional investors is “clearly accelerating.” His comments, posted on X Friday, line up with a broader trend of institutional money flowing back into Bitcoin after months of uncertainty. GM from Switzerland! US spot bitcoin ETFs have purchased 18,991 $BTC over the past 5 trading days. *checks numbers* That’s 9 x times the new supply in that period. Institutional demand for #bitcoin is clearly accelerating. pic.twitter.com/VtzVyjQAJu — André Dragosch, PhD⚡ (@Andre_Dragosch) April 24, 2026 Fear Still Grips The Wider Market Despite the whale activity and the burst of optimism among Bitcoin holders, the broader crypto market hasn’t caught up. The Crypto Fear & Greed Index — a widely followed measure of overall market sentiment — posted a score of 39 on Friday, placing it squarely in “Fear” territory. That reading suggests most investors are still holding back, even as Bitcoin inches toward a psychologically significant price point. Related Reading: Consistent XRP Buys Could Deliver Outsized Gains By 2030: Finance Expert Santiment says a move above $80,000 would carry weight in pulling more traders back into the market. But the firm also cautioned that the breakout would carry more meaning if it happens after optimism cools slightly. A surge built on peak excitement, reports indicate, tends to be less stable than one that forms more gradually. Bitcoin is up 2% over the past week, based on Coingecko data. Featured image from MetaAI, chart from TradingView

The US-Iran war continues to affect Bitcoin, Ethereum, and Dogecoin prices, with volatility at high levels. However, risk-on sentiment also appears to be returning, with open interest rising as BTC rises to a new multi-month high.  How The US-Iran War Affects The Bitcoin, Ethereum, and Dogecoin Prices In an X post, crypto analyst Michaël van de Poppe noted that the US-Iran war continues to drive market volatility. He further remarked that there won’t be a path forward where the Bitcoin, Ethereum, and Dogecoin prices will do well if this continues to be the consensus. However, he added that the U.S. economy is “sufficiently weak” and that the Fed has no choice but to start printing money again, which is a positive for these risk assets.  Related Reading: Bitcoin Is Playing Out The Same Cycle Again On A Bigger Scale Bitcoin, Ethereum, and Dogecoin prices have so far held up amid the US-Iran war, with BTC rallying to a multi-month high of $76,000 yesterday. This comes as market participants continue to price in an imminent end to the war despite the fragile two-week ceasefire. US President Donald Trump recently mentioned that another round of peace talks could happen within the next two days, which has also sparked bullish sentiments.  Interestingly, risk-on sentiment has increased amid the US-Iran war, which is also contributing to the rally for Bitcoin, Ethereum, and Dogecoin prices. On-chain analytics platform Santiment noted that BTC and ETH’s rally to their highest levels since the start of February comes with increased optimism, as margin and leveraged positions are being created rapidly.  Santiment revealed that Bitcoin’s open interest has surged 59% over seven weeks, while Ethereum’s has climbed 45% over the same period. The platform noted that this reflects growing trader conviction but also introduces higher risk as crowded leveraged trades can quickly unwind. They added that when open interest climbs alongside prices, markets often become more volatile, with sudden squeezes in either direction more likely.  Analyst Warns That BTC Has Yet To Form A Bottom Crypto analyst Colin has warned that a bear market bottom has unlikely formed despite the rebound in the Bitcoin, Ethereum, and Dogecoin prices amid the US-Iran war. He noted that the $60,000 February bottom for BTC was only four months into a typical 12-month cycle, which is why he believes that the $60,000 price level isn’t the bear market bottom.  Related Reading: Ethereum Is About To Go ‘Parabolic’ – Analyst Signals Golden Triangle Formation The analyst acknowledged that the bear market could be shorter this time around, but not by 2/3 of the normal bear cycle. He also noted that Bitcoin’s drop so far from its October 2025 peak is only 53%, compared to the 77% crashes recorded in prior cycles. In line with this, Colin said, “The $60k bottom is *statistically unlikely* to be the bottom.” Featured image from Pixabay, chart from Tradingview.com

Crypto analyst Stephanie has stated that XRP is at a critical decision point, noting that the altcoin could still rally to $2. She also outlined the bearish scenario, in which XRP could still drop below the psychological $1 level.  How XRP Could Rally To $2 As Price Is At A Decision Point In an X post, Stephanie stated that XRP is a decision point, with a multi-timeframe breakdown forming. She noted tight consolidation, with pressure building on the 4-hour timeframe. Meanwhile, there is a descending wedge on the daily chart, while on the weekly, the price is sitting at major support with an RSI reset underway.  Related Reading: Why XRP Price Is About To Stage The Breakout Of The Decade The analyst stated that this is compression before expansion, which could trigger a bullish move. For the bullish trigger, XRP needs to break and hold $1.42, $1.45, and $1.60, which could then lead to a ‘fast’ rally to $2. However, there is also a bearish risk, as a liquidity sweep toward $1 and $0.90 could occur if XRP loses the range between $1.30 and $1.25.  Commenting on the current XRP price action, Stephanie noted that the altcoin has been stuck in chop for months. However, she said that this setup is tighter than before, signaling that a big move is on the horizon. As such, the analyst remarked that it is not a matter of if, but of when and in what direction the altcoin will go.  She alluded to the CLARITY Act, which she suggested could be a catalyst for XRP’s next move, as this week could prove pivotal for the crypto bill. Stephanie added that the market will not wait for the bill to pass before it reacts and that it could do so as soon as the bill’s markup is scheduled.  Now May Be A Good Entry Point On-chain analytics platform Santiment suggested that now may be a good low-risk entry point for those looking to invest in XRP. This came as the platform cited its weekly social data, which shows that FUD for XRP is at its third-highest level in the past two years. The altcoin notably rebounded at its first and second-highest points of this FUD over the last two years.  Related Reading: Crypto Expert Predicts A New XRP All-Time High Is In Sight As These 3 Technicals Align Santiment noted that, historically, when this level of bearish commentary replaces bullish comments, the probability of a relief rally increases significantly. They added that price moves in the opposite direction of the crowd’s expectations. As such, with retail investors currently bearish on XRP after a 63% price drop over the last 9 months, this may be the kind of signal that helps investors capitalize on their bearishness.  At the time of writing, the XRP price is trading at around $1.36, up over 2% in the last 24 hours, according to data from CoinMarketCap. Featured image from Pixabay, chart from Tradingview.com

Bitcoin is sitting just below $70,000, but the sharper signal may be in the derivatives market: roughly $6 billion in short positions would be forced out if the price climbs to $72,500, according to data from Santiment. Related Reading: XRP Eyes $8.30 Target As Rare Chart Pattern Emerges From Prolonged Decline That comes as Bitcoin keeps testing the same ceiling again and again, with the market showing signs of strain rather than conviction. Sentiment Turns Sharply Sour Social chatter around Bitcoin has weakened fast. Data from Santiment shows the bullish-to-bearish ratio has slipped to 0.81 to 1.00, its lowest reading since February 28. ????️ According to social data across X, Reddit, Telegram, and other platforms, Bitcoin is seeing the highest ratio of bearish discussions (fear) since February 28th. With crypto’s #1 market cap sitting at $66.8K, FUD has crept back in with the community showing a key lack of… pic.twitter.com/Ym7SbUC22I — Santiment (@santimentfeed) April 4, 2026 The drop reflects a market that has grown tired of sideways trading and more nervous about what comes next. Bitcoin has spent much of 2026 moving without much follow-through, and that has worn down confidence across X, Reddit and Telegram. That shift matters because sentiment often bends before price does. The report points out that Bitcoin has repeatedly moved opposite the crowd when fear gets loud enough. Even with the mood turning darker, the coin has not broken down sharply. It has simply kept circling the same level. Bitcoin’s latest struggle is not a small one. It is making a seventh attempt since early February to break above $70,000. The price was around $69,550 at the time of publication, after briefly falling to $60,000 on February 5. The report also says Bitcoin remains about 45% below its record high of $126,080, set on October 6, 2025. Traders Watch The Liquidation Map The futures market adds another layer. Coinglass data cited in the report shows that short positions are heavily packed near $72,500, while about $2 billion in long positions sit closer to $65,000. That gap leaves the market leaning one way. If price pushes higher, some traders could be squeezed out fast, which may add fuel to the move. The report also ties part of the weakness to outside pressures. Geopolitical tension, including the US-Iran conflict, and uncertainty around the Clarity Act are both being framed as drag on sentiment. Those issues do not move Bitcoin on their own, but they can keep buyers cautious when the market is already stuck. Related Reading: Strategy Signals Fresh Bitcoin Buy As Saylor Tweets ‘Back To Work’ On-Chain Data Says The Market Has Not Fully Reset Longer-term signals are less comforting. CryptoQuant data cited in the report shows Bitcoin still trading above its realized price of $54,279. That figure is often treated as a rough dividing line between normal market conditions and deeper stress. The coin has usually had to fall below that level before a stronger accumulation phase takes hold. Featured image from Unsplash, chart from TradingView

As Cardano (ADA) retests a key multi-year level that previously led to significant price increases, some analysts point to on-chain and derivative signals suggesting a potential price recovery for the altcoin. Related Reading: Ethereum Tops $2,100 As BitMine Ramps Up ETH Bet With $137M Purchase Cardano Retests Key Macro Support On Tuesday, Cardano dropped 3% to retest a crucial macro support level. The altcoin has been trading between $0.25-$0.30 since the early February market crash, failing to break out of the range’s upper boundary over the past two months. ADA’s price has retraced to the lower levels of its one-month accumulation zone, hovering between $0.25-$0.27 during recent market volatility. Market observer Ali Martinez pointed out that the cryptocurrency has been retesting a key multi-year level amid this performance. According to the post, Cardano is retesting the $0.25 area, a major support zone since 2022, in the weekly timeframe. This level marked the bottom of the previous bear market and served as a key area at the start of the latest bull run. As Martinez noted, the last two times ADA traded around and held this level, back in 2023, it bounced 85% and 200%. The first bounce led to a retest of the $0.46 area, while the second drove the price toward the $0.80 level between October 2023 and March 2024. The analyst also highlighted that ADA recently printed a buy signal, signaling a potential recovery soon. “The TD Sequential indicator has flashed a ‘black 9’ on the weekly chart, suggesting the recent downtrend has exhausted,” he wrote, adding that this setup typically anticipates one to four weeks of expansion. As a result, ADA could target $0.32-$0.37 by late April if it holds above its current price levels. “We’ve survived the 6-month grind; now we watch for a potential price recovery,” Martinez asserted. ADA Flashes Bottom Signals Adding to the momentum, analytics firm Santiment has underscored multiple on-chain and derivative signals that could indicate a reversal is nearby for Cardano. According to the post, Cardano’s average active wallets have experienced a 43% negative return on their investments over the past year, suggesting a price rebound is more likely than usual. Despite the 71% price decline since September, this extremely negative MVRV value generally indicates that ADA is in an “opportunity” or “buy” zone, Santiment affirmed, further explaining that when average returns are significantly negative, it signals an impending turnaround: On a zero-sum game, when average returns are severely negative, this is an indication of a looming turnaround with coins always averaging 0% on MVRV’s (average trading returns) across any timeframe. So when other traders are in severe pain, key stakeholders and professional traders are intrigued by this due to the lowered risk of buying or adding on to their positions. In addition, the firm stated that Cardano’s funding rate on Binance is experiencing the largest imbalance toward shorts since June 2023, suggesting traders are heavily inclined toward further downside. Related Reading: Bitcoin Holds $70K – Is The High‑Beta Era Over? “Traders are clearly expecting that the #12 market cap will continue to decline in value,” the firm pointed out, noting that “this historically is another bottom signal, as funding rates are always prone to liquidate and send prices in the direction that traders are expecting the least.” Featured Image from Unsplash.com, Chart from TradingView.com

After a poor performance in the first two months of the year, the XRP price appears to have steadied its movement, rousing the hopes of relief among investors. However, the latest on-chain analysis suggests that the altcoin might not have hit its true local price bottom yet.  Number Of Days Spent At A Profit Still Quite Low — Analyst  In a recent post on the social media platform X, on-chain analyst Joao Wedson offered insights into the XRP market, saying the cryptocurrency is yet to enter the early phases of a price rebound, contrary to popular expectations. This on-chain hypothesis is based on data from the Number of Days Spent At A Profit metric.  For context, this metric indicates how long current XRP holders have been in profit, relative to past price levels. As the name suggests, the indicator measures how many days have passed since XRP was last at a higher price.  Related Reading: Solana Flashing Mixed Signals: $105 Breakout Or Double-Pair Collapse Ahead? According to Wedson, this metric has historically reached extreme levels at periods when the Number of Days At A Profit climbed to high levels. Notably, the case is quite different from the usual historical context, as the XRP price still trades significantly below these ‘hallmark’ zones.  The market expert explained that this historical context suggests that the XRP price could see more downside movement in the near to mid-term. Furthermore, the analyst pointed out that this is the major prerequisite for the formation of historical patterns, which in turn precedes the formation of previous bottoms. XRP Ledger Records Expansion Across Multiple Wallet Sizes At the same time, blockchain analytics firm Santiment revealed that there has recently been a considerable amount of growth recorded in the XRP Ledger. Interestingly, much of this expansion is driven by a considerable increase in the number of small wallets holding XRP. The most notable growth has been from a cohort of investors typically referred to as ‘shrimps’ (with less than 100 XRP in their wallets). According to Santiment, these shrimp-wallets have added up to a total of about 5.66 million separate addresses, hence reflecting the widespread adoption of XRP by retailers and everyday users. Related Reading: Crypto Adoption No Longer Optional, Survey Finds As 72% Of Finance Leaders Signal Commitment At the same time, wallets containing between 100 and 100,000 XRP have also expanded in number, reaching an approximated amount of 2.01 million wallets. Because this group represents a mid-tier level of investors who make up a significant part of the network, this could mean that the XRP market has seen an inflow of more serious accumulators.  While the amount of small wallets have displayed impressive expansions, the number of large-holder wallets have comparatively only recorded miniscule growth. Santiment revealed that these wallets with more than 100,000 XRP are capped at around 32,054. From this, it appears that this investor group has been involved mostly in distributions or repositioning events. With little influence from the whales driving XRP prices, it becomes more apparent that a local bottom may still be at lower prices. As of this writing, the XRP price stands at approximately $1.44, reflecting a 0.4% loss in the past day. Featured image by DALL-E, chart from TradingView

Bitcoin’s fear gauge plunged back into “Extreme Fear” on Wednesday — the same day traders flooded social media with bullish calls following the US Federal Reserve’s decision to hold interest rates steady. Related Reading: Ripple’s $500M Raise And Institutional Ties Keep XRP Firmly In Place Sentiment Shoots Up Despite Grim Market Signals The Crypto Fear & Greed Index, a widely tracked measure of overall market mood, had briefly climbed into plain “Fear” territory the day before, only to reverse course hours later. Yet traders appeared unfazed. According to sentiment platform Santiment, bullish chatter on social media spiked hard after the Fed announced it would keep rates unchanged at 3.5–3.75%. The platform’s social media discussion score shot from roughly nine to 71 within hours of the announcement. Bitcoin itself told a different story. It was trading at around $70,150 at the time of the Fed’s announcement, down more than 4% in the prior 24 hours. ???????? Today’s FOMC meeting has resulted in the expected outcome of interest rates holding steady at 3.50-3.75%. There is an expectation that there will be one further cut sometime in 2026, and one in 2027. ???? For now, traders are expecting a bullish relief rally in spite of no… pic.twitter.com/oBqLTcv3Ni — Santiment (@santimentfeed) March 18, 2026 Traders See Rate Hold As A Window For Gains Santiment attributed the surge in positive sentiment to a simple shift in trader thinking. The bearish price action tied to the absence of rate cuts had already played out a day earlier, the platform said, leaving room for traders to reframe the unchanged rate decision as a net positive. Holding rates steady, the logic goes, at least keeps the door open for cuts down the road. Fed policy has long shaped how crypto market participants read the broader economic environment. Rate cuts, in particular, are seen as fuel for risk assets like Bitcoin. Reports indicate traders had been watching the Fed’s moves closely throughout 2025 as a potential trigger for a bull run that never fully materialized. The S&P 500 has shed 3.70% over the past 30 days, according to Google Finance data, adding pressure to an already skittish crypto market. Analysts Warn A False Rally Could Be Taking Shape Not everyone is buying the optimism. Onchain analysts warned that what looks like an uptrend could be a bull trap — a false signal that draws buyers in before prices reverse lower. Related Reading: XRP Moves Into ‘Scarce Zone’ As Exchange Supply Dries Up Some market observers expect Bitcoin and the broader market to stage a sharp rally once equities find a floor. Others made a similar call earlier this week, saying on X that a “massive rally” is coming in the months ahead. The divide among analysts reflects how unsettled conditions remain. Social media buzz has spiked, but the fear index says something else entirely. Whether the rally traders are counting on shows up — or fades before it starts — remains an open question. Featured image from Unsplash, chart from TradingView

A crypto analyst has predicted that Dogecoin’s price action will pump very hard soon if on-chain data is any indication. The meme coin has been trading around $0.10, but a set of network metrics is beginning to provide a constructive outlook.  Despite the lackluster price action, some analysts believe a recovery may be closer than the price chart suggests. These predictions are based on different factors, but one notable one is the increase in the number of active addresses that are interacting with the Dogecoin network. Dogecoin Active Addresses Jump 176% In One Week Recent data from the on-chain analytics platform Santiment points to a significant rise in participation on the Dogecoin network. According to information shared by Ali Martinez, the number of active DOGE addresses increased from 41,557 to 114,662 within the past week, representing a 176% jump. Related Reading: Dogecoin Price Can Still Cross $1: Historical Cycle Performance Points To 750% Rally The chart data of active Dogecoin addresses shows that activity increased at the end of the previous week. Earlier readings were around the 40,000 to 70,000 range before an activity run pushed the number of active addresses above 100,000. The final bar on the chart shows the figure reaching above 114,000 addresses, the highest level in months. Active addresses are one of the measures of real network engagement. A rise in this metric usually indicates that more users are sending, receiving, or interacting with the asset. In the case of Dogecoin, which is known for its waves of retail participation, a sudden increase in address activity can be a sign that attention is returning to the meme coin. Commentator Says DOGE Could Pump Hard The jump in network activity quickly led to reactions among market observers. Crypto commentator Myles G. responded to the data by stating that Dogecoin will “pump hard soon,” linking the increase in active addresses to the possibility of a stronger price move ahead. Such reactions are not unusual in crypto markets. Therefore, it isn’t surprising that the analyst would be anticipating a hard pump for the Dogecoin price. Related Reading: Why The Dogecoin EMA Is The Level That Will Determine The Next Price Move Arguably, the most consequential development for the possibility of Dogecoin pumping hard is what appears to be coordinated accumulation by large wallet holders. Another update shared by Ali Martinez adds a different dimension to the recent activity surrounding Dogecoin. According to the analyst, whales purchased approximately 470 million DOGE over the past 72 hours. The chart attached to that post shows the amount of Dogecoin held by large holders climbing from March 12 to March 14. Technical analysis of the Dogecoin price action shows that strength is already building for the meme coin. All it needs is to hold above $0.105 before the end of the week. If history is any precedent, the increase in whale holdings could be the first step in a repricing to the upside. Featured image from Pixabay, chart from Tradingview.com

The crypto market’s fear gauge hit 15 — deep inside “Extreme Fear” territory — yet the biggest Bitcoin holders quietly moved in the opposite direction. Related Reading: Strategy’s Bitcoin Bet Now $3.35 Billion In The Red As Saylor Tells Investors To Wait Whale Wallets Grow Their Share Of Total Bitcoin Supply According to crypto analytics platform Santiment, wallets holding between 10 and 10,000 BTC increased their collective share of total supply to 68% last week, up from 68% seven days prior. Whales were not buying blindly. Santiment disclosed the accumulation happened as Bitcoin held steady around $71,000 — a price level that large holders appear to have treated as an entry point worth acting on. While that shift may look small on paper, Santiment flagged it as a meaningful directional change after weeks of selling pressure. Bitcoin was trading around $71,470 at the time of the report, up about 6% over the prior week. Source: Santiment The timing stands out. Just over a week earlier, whale behavior told a very different story. Reports indicate that in the two days leading up to March 6, large wallet holders had offloaded 65% of the Bitcoin they accumulated between February 23 and March 3 — a mass exit that coincided with Bitcoin briefly touching $74,000 before pulling back. A Bottom Signal That Depends On What Retail Does Next Santiment says the renewed accumulation by large holders is encouraging, but the picture isn’t complete yet. What analysts are watching now is whether everyday investors — those with smaller wallets — start trimming their holdings. Data shows that historically, Bitcoin has tended to hit its floor not when big money walks away, but when ordinary buyers give up and sell. “Markets rarely reward the majority consensus immediately,” Santiment said in its weekly report. If retail participation stays elevated or keeps climbing, analysts say that could signal more downside ahead rather than a recovery. That caution is reinforced by on-chain analyst Willy Woo, who recently said Bitcoin remains “solidly in the middle of its bear market” when viewed through a long-range liquidity lens — a read that cuts against any near-term optimism. Related Reading: Bitcoin Climbs Back To $73,000 As Short Squeeze Wipes Out $246M In Futures Bets ETF Inflows Offer A Counterpoint To Bearish Sentiment Not everything in the market is pointing down. US spot Bitcoin ETFs posted their first five-day inflow streak of 2026, pulling in roughly $767 million across the week. That kind of sustained institutional interest is harder to dismiss, and it adds a layer of complexity to what is otherwise a cloudy short-term outlook. Whether whale accumulation marks the start of a sustained recovery or just a brief pause in a longer slide will likely depend on how retail investors behave in the days ahead. Santiment says it wants to see small wallet holdings decline while large wallet positions continue rising — the classic pattern of coins moving from uncertain hands into more committed ones. For now, that shift has started. Whether it holds is another question. Featured image from Shutterstock, chart from TradingView

As market participants focus on short-term price movements, Bitcoin is approaching a notable on-chain milestone, with the number of wallets holding at least 100 BTC climbing toward record levels. This growing concentration of high-value holdings reflects increasing accumulation by large investors, and is viewed as a sign of strong long-term confidence in the world’s leading cryptocurrency. How Large Holders Influence Bitcoin’s Market Cycles Bitcoin is approaching a major milestone, with the number of wallet addresses holding at least 100 BTC set to surpass 20,000. An on-chain analytics firm, Santiment, highlighted on X that at current market valuations, a wallet holding 100 BTC or more is valued at roughly $6.78 million, indicating these addresses are largely controlled by high-net-worth individuals, funds, long-term holders, and institutional participants. Related Reading: Bitcoin Holders Underwater As Supply In Loss Spikes, Reaching Historic Extremes When the number of 100+ BTC wallets increases during or shortly after price declines, as it has been recently, it can be considered a bullish signal. While the number of whale wallets is rising, the overall percentage of BTC supply held by key stakeholders has not meaningfully increased. This helps explain why prices have remained suppressed. However, the growth in 100+ BTC wallets indicates broader distribution among large holders rather than a small group controlling the consolidation. In that sense, it points to less extreme consolidation at the very top. At the same time, it also shows that wealth is clearly migrating from smaller retail wallets into stronger hands. This does not signal decentralization at the smallest ownership level, but it does show that more separate entities are reaching the whale status. Historically, expanding whale wallet counts have often appeared during accumulation phases that later support the price recoveries. For a stronger structural shift to occur, the increase in wallet numbers would need to be matched by a rise in the overall supply they control. That dynamic typically unfolds as retail participants slowly sell off their coins to larger wallets. Meanwhile, history has shown that if retail traders eventually panic-sell or take profit too early, it might lead to the absorption stage. Is This A True Rebound Or A Dead Bounce? Bitcoin adoption is picking up pace across the sector. According to ETF analyst Eric Balchunas, Bitcoin Spot Exchange-Traded Funds (ETFs) just recorded their strongest day, pulling in roughly $500 million in a single day, reaching $750 million over the past two days combined at the time the report was published. Related Reading: Engine Stalled: How The $8 Billion ‘October Shock’ Left Bitcoin’s Spot Market In A Liquidity Trap Balchunas views the inflows as “a hitter in a slump going yard,” suggesting the market had been in urgent need of a catalyst after a prolonged period of weak performance. The strong back-to-back inflows have helped ease pressure on the sector, pushing year-to-date ETF outflows to under $2 billion. Despite the sharp turnaround, uncertainty remains about whether the inflow spike represents the beginning of a sustained recovery or merely a temporary bounce. Featured image from Pngtree, chart from Tradingview.com

Panic is rising at $1.39, but the bigger picture hasn’t broken. XRP remains within a broader bullish structure, with price testing key support after a sharp correction. Unless critical levels fail, the setup still favors a larger upside rotation rather than a trend reversal. 69% Drop Sparks Panic Across The Market XRP has plunged 69%, sparking widespread panic across the market, but history suggests this may not be the first time such fear has marked a major turning point. The last time XRP experienced a similar deep correction, it eventually followed up with an explosive 835% rally, leaving traders wondering whether a comparable setup is forming again. Related Reading: XRP Maintains Macro Bullish Structure Despite Deeper Correction According to Crypto Patel, XRP is trading around $1.39 after breaking down from the key $2 support zone. Price is now retesting a higher-timeframe demand level that previously acted as the upper boundary of a multi-year accumulation range, placing the asset at a technically significant area. The token has already corrected 69% from its recent $3.66 high, forming what some analysts view as a classic breakout-and-retest structure. After surging 835% from its prior accumulation phase, XRP is now testing a critical support zone. On-chain data adds another layer to the narrative. Ripple just recorded its largest realized loss spike since November 2022, attracting $1.93 billion in weekly losses as holders capitulate, according to Santiment. Historically, periods of extreme capitulation have often coincided with local bottoms, raising the question of whether this sharp correction could ultimately set the stage for the next major move. Key XRP Bullish Accumulation Zone: $0.86–$0.66 Crypto Patel further outlined XRP’s current technical structure, highlighting a key bullish support zone between $0.86 and $0.66. Maintaining a price above $0.66 is critical for preserving the broader bullish outlook. This area represents a confluence of a multi-year breakout retest and a historical accumulation range, reinforcing it as a strong demand zone. Related Reading: Analyst Predicts XRP Price Will Reach $13 In 3 Months As Accumulation Ends The analyst emphasized that the combination of a major capitulation event and price testing a key higher-timeframe support level creates a high-probability reversal area. However, he made it clear that a weekly close below $0.66 would invalidate the bullish thesis and signal a structural breakdown. Looking at upside projections, Patel outlined a series of potential targets at $2, $3, $5, and ultimately $10+, suggesting the possibility of a near 10x move from the accumulation zone if the structure holds and momentum returns. In his view, XRP is currently trading within what he describes as a generational re-accumulation zone following a breakout retest. He noted that the recent $1.93 billion capitulation event often marks market bottoms, arguing that while weaker hands exit during panic, larger players may be quietly accumulating at these levels. Featured image from Getty Images, chart from Tradingview.com

The XRP price may be approaching a decisive turning point after fresh on-chain data revealed one of the most extreme capitulation events in years. According to Santiment analysis, XRP has just recorded its largest realized loss spike since 2022, a development that has previously preceded a major price recovery. The data is now fueling expectations that a bottom could be in, with a move back above $2 increasingly within reach if history repeats.  XRP Price Bottom Signals Emerge After Historic Loss Spike Santiment’s weekly Network Realized Profit/Loss chart, which tracks five years of XRP alongside price action, has revealed a dramatic spike in on-chain realized losses. The latest readings came in at roughly -908 million XRP, marking the largest capitulation event since November 2022, when weekly realized losses hit nearly -1.93 billion.  Related Reading: Cup And Handle Pattern Puts XRP Price At $60 After Hitting Resistance Notably, the 2022 capitulation event occurred after a period of compression and decline. At the time, XRP’s price had been trending downward for months before the -1.93 billion reading printed. This showed that investors were selling at heavy losses near what later proved to be a price bottom. After that point, the trend reversed, and over the next eight months, the XRP price rose more than 114%.  Based on Santiment’s analysis, XRP’s current structure is mirroring this 2022 setup. The cryptocurrency recently fell from above $3 to the mid-$1 range, with the chart showing price hovering around $1.45 to $1.65 as the realized loss spike emerged. This sharp increase in losses suggests widespread capitulation, as many holders appear to have sold at a loss out of fear and panic rather than waiting for a potential rebound.   Historically, this type of extreme loss spike tends to appear near price floors, suggesting that the recent -908 million reading in the current cycle could be a major bottom signal for XRP. The chart shows that the most negative readings cluster around key inflection points, where selling pressure peaks and then begins to fade. In both 2022 and the current setup, the realized loss spike came after a prolonged downtrend, reinforcing the idea that an XRP price bottom could be in. A Possible Recovery Toward $2 While the comparison to the 2022 capitulation event suggests a potential bottom for XRP, it also points to a potential bullish recovery. After the -1.93 billion realized loss spike in 2022, XRP did not rebound immediately. Instead, it gradually shifted structure and produced a 114% rally over the next eight months.  Related Reading: XRP Funding Levels Drop To Extreme Negative Levels, What This Means For Price From the current price range near $1.35, a similar gain would push XRP well above the $2 threshold. The chart shows that past capitulation phases were followed by expanding candles and stronger upward momentum once selling pressure eased. If the recent -908 million realized loss spike represents a similar emotional extreme to the one observed in 2022, it could indicate that downside pressure is diminishing and a recovery may be approaching. Featured image from Adobe Stock, chart from Tradingview.com

CoinShares researcher Luke Nolan says the 50% figure is ‘inaccurate, or at least materially misleading’ and staked ether is closer to 30% of supply. Ethplorer.io’s Aleksandr Vat agrees.