# On-chain İlgili Makaleler

HTX Haber Merkezi, kripto endüstrisindeki piyasa trendleri, proje güncellemeleri, teknoloji gelişmeleri ve düzenleyici politikaları kapsayan "On-chain" hakkında en son makaleleri ve derinlemesine analizleri sunmaktadır.

Bitcoin short-term holders hit 30-day profit streak as bull-market odds improve: CryptoQuant

According to CryptoQuant analysis, Bitcoin short-term holders (STHs) have maintained a profit streak for 30 consecutive days as of mid-September 2026, marking the longest such period of the year. STHs, defined as wallets holding Bitcoin for less than six months, currently hold $168.2 billion in profit versus $102.6 billion in loss. Analysts view this sustained profitability as a key historical indicator for a potential bull-market reversal, similar to patterns seen at the end of the 2022 bear market. The broader Bitcoin investor base has also been in net profit since August 19. Data shows the cost basis for newer STHs (1-3 month holders) is $63,372, while for more mature STHs (3-6 month holders) it is $73,190, suggesting investor confidence is clustering above the $70,000 level as Bitcoin retains most of its gains from a 25% August rally.

cointelegraph19 dk önce

Bitcoin short-term holders hit 30-day profit streak as bull-market odds improve: CryptoQuant

cointelegraph19 dk önce

Is There a Trap for Bitcoin (BTC) Growth? Analysts Warn!

Analysts warn of a potential "bull trap" for Bitcoin (BTC) as it approaches the $85,000-86,000 range. According to crypto analyst Sherlock, this level is a major cost basis where approximately 1.07 million BTC was purchased by long-term investors, many of whom are currently at a loss. Data indicates U.S. spot Bitcoin ETFs have been trading below their aggregate breakeven point near $86,000 for 228 trading sessions. While Bitcoin has rallied 23% in 21 sessions, about $3.9 billion in unrealized ETF losses remain unrecovered. Sherlock notes that net outflows from these ETFs occurred over four recent sessions, totaling $462.7 million. With Bitcoin trading around $77,600, a roughly 11% rise is needed for ETF investors to reach breakeven. The analyst warns that until Bitcoin decisively closes above $86,000, absorbing the supply in this zone, any perceived bullish breakout could instead trigger selling pressure from institutional investors looking to exit unprofitable positions.

cryptonews.ru15 saat önce

Is There a Trap for Bitcoin (BTC) Growth? Analysts Warn!

cryptonews.ru15 saat önce

Blockchain data analytics firm CryptoQuant reveals the level Bitcoin needs to break to start a new bull market! Here are the details

Blockchain analytics firm CryptoQuant states that Bitcoin maintains a bullish bias but needs to break through a key resistance level of $81,700 to confirm the start of a new bull market. According to Julio Moreno, head of research, Bitcoin's recent 24% two-week rally has stalled, with the price now trading between $76,000 and $82,000. The first significant supply resistance zone is between $77,100 and $80,200, where long-term investors sold up to 539,000 BTC over the past 30 days. The critical technical level is the 365-day moving average around $81,700. Historically, Bitcoin's bull markets officially began after a weekly close above this average. A clear breakout above it could confirm a new bull cycle, while failure may lead to prolonged sideways trading. Further resistance levels are identified at $83,600 and the upper bound of the realized price pattern at $88,700. On the downside, the $70,000 level is noted as key support, with long-term investors having purchased approximately 476,000 BTC in the $62,000-$65,000 range. The overall outlook remains bullish, but Bitcoin must overcome the current supply pressure to initiate the next upward wave.

cryptonews.ruDün 08:28

Blockchain data analytics firm CryptoQuant reveals the level Bitcoin needs to break to start a new bull market! Here are the details

cryptonews.ruDün 08:28

Number of Tokenized Shareholders on Solana Crosses 800,000

The number of tokenized equity holders on Solana has surged past 800,000, reaching 801,439 addresses as of September 12. This represents an 88% increase from 424,894 at the beginning of the month, a growth that took just under two weeks. A significant driver of this rapid expansion is the recent launch of custom trading pairs on platforms like Pump.fun, where new meme coins are paired with tokenized stocks. Trading fees from these coins are paid in the stock tokens (e.g., from Nvidia or S&P 500), automatically adding wallets to the holder count without an active investment decision. Consequently, while the total value of tokenized equities on the network grew 47% to a record $684 million, the average holding per address is estimated at only around $850, indicating small-scale distributions and speculative activity. The holder count reflects widespread token distribution through launchpad mechanisms and new wallet creation rather than the number of unique users. This growth coincides with real-world developments, including Nike's tokenized stock launch and Galaxy Digital enabling shareholders to tokenize their holdings on Solana.

cryptonews.ruDün 07:11

Number of Tokenized Shareholders on Solana Crosses 800,000

cryptonews.ruDün 07:11

$86,000 Is a Thick Wall. Can Bitcoin Break Through This Time?

Bitcoin has risen 23% over 21 trading days, significantly outperforming flat equities, though it remains down 10% year-to-date. The rally has stalled just below a significant resistance ceiling between $83,000 and $86,000, identified by three converging metrics: the Long-Term Holder cost basis, futures liquidation heatmaps, and the breakeven point for US spot ETFs. Seller pressure has notably diminished, with the Sell-Side Risk Ratio at less than half its August peak, indicating limited supply at current prices. Long-term holders are not participating in selling, while altcoins, though rising, are not gaining market share against Bitcoin—a pattern divergent from previous cycle tops. Strong bottom signals that persisted for months have now faded, leaving the market between a repaired floor and an untested ceiling. A sustained break above $86,000 on low selling pressure would confirm absorption of this resistance, while a return of sellers or a break below the $62k-$65k support zone would invalidate the bullish structure.

marsbit09/11 10:21

$86,000 Is a Thick Wall. Can Bitcoin Break Through This Time?

marsbit09/11 10:21

The Evolution of On-Chain RWA Trading: The Arrival of Variational Swaps, Leaving Behind the Funding Rate Torment of Traditional Perpetual Contracts

This article discusses the evolution of on-chain Real-World Asset (RWA) trading, highlighting the significant growth of RWA perpetual contracts (120x in under a year) and their dominance (up to 20% of total on-chain perpetual volume). However, it identifies key pain points in RWA perps: unpredictable funding rates and the challenge of bootstrapping liquidity for new markets. The report then introduces Variational's newly launched "Swap" product as a novel solution. Unlike traditional perps whose funding rates are driven by on-chain supply/demand, Swaps are designed to track an asset's total return over time. They feature a predictable daily holding cost, anchored to real-world financing rates (e.g., SOFR for USD), and incorporate dividend payments. A core differentiator is liquidity sourcing. Variational uses its proprietary Omni Liquidity Provider (OLP) to aggregate liquidity directly from traditional finance (TradFi) venues via a Request-for-Quote (RFQ) system, bypassing the need to build order books from scratch for each new market. An execution cost analysis compares Variational Swaps (for US100, US500, XAU, XAG) against major RWA perpetual platforms like TradeXYZ and Lighter. The findings show that for most markets and larger trade sizes (e.g., $1M), Variational offers significantly lower execution costs—often 8-12 times cheaper—due to its TradFi-linked liquidity and zero fees. In conclusion, Swaps present a compelling alternative for on-chain RWA exposure, offering institutions and traders predictable costs, better execution for large sizes, and access to assets without the liquidity bootstrapping hurdle, though reliance on the OLP's hedging and pricing capabilities remains a key consideration.

marsbit09/11 07:26

The Evolution of On-Chain RWA Trading: The Arrival of Variational Swaps, Leaving Behind the Funding Rate Torment of Traditional Perpetual Contracts

marsbit09/11 07:26

Experts Warn of Bitcoin Correction Risk Amid Retail Euphoria

Bitcoin approached $80,000 amid growing optimism among retail investors, but on-chain data from CryptoQuant shows a divergence between retail and large market participants. Retail investors are actively buying with leverage, as indicated by a Fear & Greed Index in the "greed" zone and positive funding rates. Analysts warn this behavior could create liquidity for larger players taking opposite positions. However, key signals suggest a lack of strong institutional support. A negative Coinbase premium indicates weak spot demand from U.S. institutions, and a high Exchange Whale Ratio shows a significant share of large Bitcoin inflows to exchanges. This combination creates a risk that the price rally lacks sufficient spot capital backing and increases the potential for a long squeeze. Despite a spike in Bitcoin deposits to spot exchanges on September 8th, analysis shows the current recovery is not accompanied by abnormally high large deposit activity. The seven-day average inflow remains below peaks seen earlier in the year. Experts advise monitoring this average; a consistent rise alongside weakening prices could signal increased selling pressure. Currently, the deposit activity appears to be a return to recent levels rather than an anomalous surge.

cryptonews.ru09/10 09:33

Experts Warn of Bitcoin Correction Risk Amid Retail Euphoria

cryptonews.ru09/10 09:33

Major Institutional Investor Dumps Altcoin! Its Market Cap Plunges 99% Today

A major institutional investor has sold off a meme coin, causing its market value to plummet by 99% today. The altcoin, $LAPTOP, themed around Hunter Biden's laptop, crashed drastically just hours after its launch. Blockchain data shows that market maker Wintermute, which received 2.5 million $LAPTOP tokens from the project team, began selling them. So far, Wintermute has sold 466,255 tokens for approximately $2.08 million at an average price of $4.47 per token. The token's fully diluted valuation (FDV) collapsed from a brief peak of over $300 billion to around $1.8 billion within the first two hours, marking a drop of roughly 99.43%. Trading volume during this period was about $9.6 million. Separately, two new wallets earned over $647,000 by quickly selling 4,276 $LAPTOP tokens they received from an airdrop. Analytics firm Serenity commented that it was unsurprised by the more than 99% drop, stating such token launches generally do not benefit retail investors.

cryptonews.ru09/09 20:35

Major Institutional Investor Dumps Altcoin! Its Market Cap Plunges 99% Today

cryptonews.ru09/09 20:35

Bitcoin Records Longest Profit-Taking Streak Since 2026

Bitcoin has recorded its longest profit-taking streak in 2026, with the Spent Output Profit Ratio (SOPR) indicator remaining above 1 since August 19. A value above 1 signals investors are, on average, selling their coins at a profit. Both short-term and long-term holders are currently selling in the green. Analysts note this behavior from short-term holders is beginning to resemble early stages of a bull market recovery, complementing other recent positive on-chain signals. For instance, CryptoQuant's Bull/Bear Market Cycle Indicator turned positive in late August for the first time since October 2025. However, some experts, like ARK Invest's David Puell, caution that a sustained SOPR above 1 without new price lows is needed for a more confident signal. Additionally, while large investors continue accumulating Bitcoin, the market must absorb significant supply around $82,000-$83,000 to solidify the upward trend.

cryptonews.ru09/09 14:01

Bitcoin Records Longest Profit-Taking Streak Since 2026

cryptonews.ru09/09 14:01

BNC4 Surges 7x: 4Stock's "Early On-Chain" Experiment Brings New Gameplay to Meme Speculation

The article discusses the launch of BNC4, the first 4Stock product by Four.meme on BNB Chain, which experienced a dramatic price surge reaching seven times the value of its underlying stock, CEA Industries (ticker: BNC), trading on Nasdaq. 4Stock is positioned as a lighter, faster alternative to bStocks, allowing 1:1 backed tokenized stocks to go live on-chain ahead of formal bStocks listings, enabling meme trading ecosystems to form early. This mechanism addresses the lag in on-chain asset supply during periods of high traditional market or social media narrative hype. However, the case of BNC4 highlighted a significant price disconnect from its real-world asset, driven by trading hour mismatches, low liquidity, and speculative fervor. This created a substantial arbitrage opportunity, with one trader reportedly profiting $230,000 by minting BNC4 and selling it on-chain at a premium. To stimulate its ecosystem, Four.meme introduced a daily buyback-and-burn mechanism for the most active community meme token, using BNC4's transaction fees to create a reinforcing flywheel effect. Notably, the on-chain frenzy had a reverse impact, boosting the underlying BNC stock price by over 50% and multiplying its trading volume nearly 200-fold, demonstrating a novel "two-way" influence between crypto and traditional markets. The experiment underscores both the potential for agile, community-driven asset tokenization and the inherent speculative risks and price volatility in early-stage, low-liquidity on-chain markets. The key challenge remains whether such mechanisms can transform speculative inflows into sustainable, long-term on-chain stock liquidity.

marsbit09/09 10:51

BNC4 Surges 7x: 4Stock's "Early On-Chain" Experiment Brings New Gameplay to Meme Speculation

marsbit09/09 10:51

活动图片

Industry Newsright-arrow

Othersright-arrow