# On-Chain Related Articles

HTX News Center provides the latest articles and in-depth analysis on "On-Chain", covering market trends, project updates, tech developments, and regulatory policies in the crypto industry.

The Great XRP Exodus: Here’s How Much Is Left On Crypto Exchanges

XRP is undergoing a significant supply shift as large amounts are being withdrawn from cryptocurrency exchanges. On-chain data from CryptoQuant reveals that exchange reserves have dropped to multi-year lows, with Binance experiencing a sharp decline from 2.65 billion XRP at the end of 2025 to approximately 1.85 billion tokens in early 2026—a withdrawal of nearly 800 million XRP in just five days. Glassnode data, cited by BULLRUNNERS, suggests an even lower total exchange balance of only 1.44 billion XRP. This substantial reduction in available supply is generally considered a bullish indicator. Correspondingly, XRP’s price has risen, currently trading at $2.15. The ongoing exchange outflows coincide with consistent inflows into Spot XRP ETFs, which have not seen a single day of net outflows since their launch.

bitcoinist01/05 20:54

The Great XRP Exodus: Here’s How Much Is Left On Crypto Exchanges

bitcoinist01/05 20:54

Are Bitcoin Whales Really Back In The Market? CryptoQuant Researcher Says No

Despite Bitcoin's recent price surge above $90,000, on-chain analysis from CryptoQuant researcher Julio Moreno suggests that large investors, or "whales," are not driving the rally. Data indicates that the total holdings of addresses with over 1,000 BTC have actually declined when exchange wallet addresses are excluded. This is because recent whale activity has been skewed by exchanges consolidating funds into fewer, larger addresses. The shrinking whale balances signal waning demand, a potential precursor to a bear market. This is further supported by significant net outflows from US spot Bitcoin ETFs, including BlackRock's IBIT, which has seen withdrawals in 8 of the last 10 weeks.

bitcoinist01/04 03:03

Are Bitcoin Whales Really Back In The Market? CryptoQuant Researcher Says No

bitcoinist01/04 03:03

Bitcoin reclaims $90K – Is this BTC’s true 2026 price bottom?

Bitcoin has reclaimed the $90,000 level in early 2026, sparking debate over whether this marks the cycle's true bottom. While bullish momentum is supported by ETF inflows, whale activity, and significant short liquidations, on-chain data reveals a concerning disconnect. Whale balances are declining, and Bitcoin ETFs have seen assets under management drop to near June 2025 lows. Despite positive funding rates and rising optimism, the lack of structural support suggests the current rally may be a bull trap rather than a confirmed bottom.

ambcrypto01/03 09:41

Bitcoin reclaims $90K – Is this BTC’s true 2026 price bottom?

ambcrypto01/03 09:41

Filecoin Surges 11% in a Single Day After Breaking Downtrend— Is a Trend Reversal Forming?

Filecoin (FIL) surged nearly 11.76% in 24 hours, trading at $1.45 with a daily volume increase of 225%, reaching $326 million. The rally is largely attributed to the upcoming launch of Onchain Cloud this month, which aims to expand Filecoin’s utility from storage distribution to programmable storage and retrieval, strengthening its role in DePIN and AI infrastructure. Technically, FIL broke out of a downtrend, bouncing from the $1.20–$1.25 support zone and stabilizing around $1.45. If it holds above $1.35, further upside toward $1.50–$1.65 is possible. Key indicators like RSI above 50 and a bullish MACD crossover suggest growing momentum. However, a break below $1.25 could lead to further decline. Derivative interest also rose significantly, with open interest up 28.99% to $200.39 million, reflecting increased trader confidence.

TheNewsCrypto01/02 11:36

Filecoin Surges 11% in a Single Day After Breaking Downtrend— Is a Trend Reversal Forming?

TheNewsCrypto01/02 11:36

Arthur Hayes sells ETH, buys DeFi – What it means for altcoin leadership

Recent on-chain activity indicates whales are strategically rotating out of Ethereum and into DeFi altcoins. Large wallets withdrew nearly $15.9 million worth of tokens—including Solana-based assets like JTO, DRIFT, KMNO, and Ethereum DeFi tokens such as PENDLE and LDO—from exchanges, signaling accumulation for long-term holding rather than short-term speculation. Arthur Hayes publicly aligned with this move, selling $5.53M in ETH to buy into Pendle, Lido, Ethena, and EtherFi. This selective, cross-chain positioning suggests whales anticipate DeFi outperformance in improving liquidity conditions, though macro factors and sustained demand remain key to whether DeFi leads the next rally.

ambcrypto12/31 14:14

Arthur Hayes sells ETH, buys DeFi – What it means for altcoin leadership

ambcrypto12/31 14:14

Bitcoin Officially Enters Bear Market: On-Chain Evidence, Capital Flows, and How Investors Can Profit

Bitcoin has officially entered a bear market as 2025 concludes, marked by deteriorating demand, weakening capital inflows, and broken market structure. Key indicators confirm this shift: price has decisively broken below long-term moving averages, on-chain activity shows declining new addresses and transaction volumes, and institutional capital is reversing with Bitcoin ETFs seeing net outflows. The network exhibits reduced utility with empty mempools, lower fees, and declining active addresses, signaling a exodus of retail speculators. Miner profitability is under severe pressure, increasing sell-side risk. Macroeconomic factors, like high interest rates, make yield-bearing assets more attractive than non-yielding Bitcoin, driving a rotation into cash and stablecoins. Technically, the market structure shows a clear downtrend with lower highs and lower lows, and key psychological support levels have turned into resistance. However, bear markets present strategic opportunities. They offer asymmetric risk-reward for accumulation, enabling dollar-cost averaging and the identification of strong projects building during the downturn. History shows that bear markets eventually give way to new bull cycles, making this a period for patient investors to build positions for future gains.

marsbit12/31 04:39

Bitcoin Officially Enters Bear Market: On-Chain Evidence, Capital Flows, and How Investors Can Profit

marsbit12/31 04:39

From the Fringe to a 500x Surge: The Month White Whale Was 'Retold'

From obscurity to a staggering 500x surge, White Whale (a Solana-based meme coin) defied expectations after initially appearing destined to fail. Launched on October 13, 2025, as an unauthorized fan-made token parodying crypto influencer @TheWhiteWhaleV2, it quickly faded into near-zero trading activity. The dramatic turnaround began on December 7, 2025, when @TheWhiteWhaleV2 unexpectedly took control of the project to protect his reputation. He committed to transparent management, locking his own purchased tokens until 2063, reinvesting all creator revenue back into the community, and personally funding liquidity and incentives. Chain data revealed early signals of revival, including a sharp drop in top-holder supply and "smart money" inflows days before the official announcement. While initial gains were modest, the narrative of responsible stewardship fueled a viral community-driven rally, pushing its market cap from under $100,000 to $57 million in under a month. White Whale became an unlikely anti-rug success story in a high-risk ecosystem.

比推12/30 07:23

From the Fringe to a 500x Surge: The Month White Whale Was 'Retold'

比推12/30 07:23

Bitcoin Sees Post-Capitulation Conditions Align: Selling Pressure Falls 80%

Bitcoin remains below $90,000, with repeated rejections fueling bearish sentiment. However, on-chain analysis by Axel Adler indicates a significant reduction in selling pressure. The realized loss z-score, which peaked between 8.7–10.9 in November with over $5 billion in daily losses, fell sharply by late December to around 1.6. Weekly realized losses dropped from $2.4 billion to approximately $0.5 billion, signaling seller exhaustion. The Net Realized Profit/Loss metric, though still negative, improved markedly in late December, shrinking its negative value by nearly half. This improvement occurred without a strong price rebound, suggesting the change stems from structural selling exhaustion rather than speculative activity. Historically, such conditions precede market stabilization and potential recovery, positioning January as a possible inflection point if new demand emerges.

bitcoinist12/30 03:01

Bitcoin Sees Post-Capitulation Conditions Align: Selling Pressure Falls 80%

bitcoinist12/30 03:01

Top Validator Dismisses XRP Supply Shock Fears, Citing 16B XRP on Exchanges

Speculation about a potential XRP supply shock has grown due to declining exchange balances, with some arguing reduced availability could drive prices higher. However, Vet, an XRPL validator, dismisses these claims, pointing to nearly 16 billion XRP still accessible on exchanges. He emphasizes that holders can transfer self-custodied XRP to exchanges within seconds, preventing prolonged supply constraints. Vet also notes that liquidity fluctuates rapidly and order books adjust quickly. While community figure Zach Rector questioned the accuracy of exchange balance estimates, Vet clarified his figures represent minimum amounts, with actual holdings likely higher. Data from XRPScan shows major exchanges like Upbit, Binance, and Uphold collectively hold over 10 billion XRP in large wallets alone.

TheNewsCrypto12/29 13:28

Top Validator Dismisses XRP Supply Shock Fears, Citing 16B XRP on Exchanges