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Balthasar Becker
@BalthasarBecker
The main points of the Glassnode newsletter of 5 June: Image
1/9 🧵@glassnode Insights: Stagnant digital asset prices and underlying indicators suggest a shift towards risk-off capital rotation, with an increasing preference for stablecoin capital. #CryptoMarket #RiskOff #Glassnode
2/9 Despite flat $ETH price since mid-March, beneath the surface, growing divergences hint at a risk-off environment, with depressed trade volumes and automated DeFi usage. #Ethereum #DeFi
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#Ethereum #ETH #CryptoTrends #Arbitrage #GeographicalShift #CapitalInflows #Bitcoin #MarketCorrection #RiskOffRotation #EndThread #RiskOff #Glassnode #USDC #DeFi #Uniswap #CryptoMarket #EthereumValidators #BTC #USDT

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