📑Weekly Fud Buster Dashboard
- Pi is open for trade in @HuobiGlobal
- Ongoing noises with @FTX_Official and @SBF_FTX
- @cameron 's open letter to @BarrySilbert
- @BlackRock loaned to @Core_Scientific

Here's the wrap-up of the latest Crypto Issues.🧵
cryptoquant.com/dashboard/63b2…
/1 @PiCoreTeam is now open for trade in the #Huobi.

What can be the reasons behind Huobi listing $Pi in their service?
- To increase Huobi's Stablecoins Reserve
- To generate more revenue from trading fees

What are the potential dangers?

Link👇
cryptoquant.com/dashboard/63b2… Image
/2 Altcoin dump risk by #FTX, and #Alameda research.

- Bahamas regulators have taken custody of $3.5B in FTX customer assets.
- Alameda Research made many transactions for converting altcoins into $ETH / $USDT.

Live Dashboard👇
cryptoquant.com/dashboard/63b2… Image
/3 A bold flare from @Gemini to @DCGco

The ongoing suspension of redemptions from @GenesisTrading pushed Gemini into the corner, and now the gun has been fired.

Monitor @Grayscale and @Gemini data to secure your holdings

Live Dashboard👇
cryptoquant.com/dashboard/63b2… Image
/4 Will TradFi be the life tube for miners?

TradFi giants like BlackRock, Vanguard, and Fidelity have already invested heavily in various mining companies, with only a few aware of it.

Details👇
cryptoquant.com/dashboard/63b2… Image

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More from @cryptoquant_com

Jan 6
#Gemini Exchange on-chain analysis in the context of Genesis-
@Gemini Liquidity Issues 🧵👇 Image
From an on-chain perspective, Gemini has been experiencing declining exchange activity:

1- Cryptocurrency reserves (BTC, ETH, and stablecoins reserves are at multi-year lows), Image
2- BTC deposits from other exchanges into Gemini (a sign of users avoiding sending their money to Gemini) Image
Read 8 tweets
Jan 5
1/4
What do on-chain metrics show us about whale behaviors starting in 2023?

Whales have practically stopped selling their coins since early December. This puts less downward pressure on the price. ImageImage
2/4
However, we have yet to observe whales accumulating coins in any significant way.

The entire amount of whale ownership is still 10% below the peak it attained in June 2022.

For prices to rebound and surge, there has to be an increase in whale holdings. Image
3/4
Check out our Bitcoin Holding Behavior Dashboard if you want to keep track of metrics about whale activity and other valuation metrics:

cryptoquant.com/dashboard/638e…
Read 5 tweets
Dec 23, 2022
2 questions about #Tether #USDT FUD?

1- What are the sources?
2. What do on-chain metrics tell us about it, particularly in 2022 during LUNA and FTX events?

Assessing the @Tether_to risk 👇
Recently, a Wall Street Journal article pointed out that more and more of Tether's assets are secured loans, which led to more criticism of the quality of Tether's assets.

wsj.com/articles/risin…
The WSJ's argument was that secured loans represented 9% of Tether's total assets, up from 4% at the end of 2021.

Secured loans are considered a more risky asset to hold as a reserve compared to US Treasury Bills, which Tether reported as 58% of its total assets (September 2022)
Read 13 tweets
Dec 22, 2022
Since the FTX/Alameda collapse, the funding rates have been coming back faster than after two major capitulation events, COVID and the China ban.

By following this metric, investors can monitor market sentiment. How? 👇
Funding rates make the perpetual futures contract price close to the index price.

Derivatives exchanges use funding rates (%) for perpetual contracts.
How to interpret negative and positive funding rates?

Rates over ‘0’ (Positive rates): Dominant Long Sentiment

Positive funding rates indicate that long-position traders are prevalent and are willing to pay funding to short traders.

It implies that many traders are bullish.
Read 8 tweets
Dec 22, 2022
Are we seeing a change in bitcoin's trend right now?

We could be very close based on one measure 👇

The Inter-exchange Flow Pulse Metric
The Inter-exchange Flow Pulse Metric is a summary of how traders and investors act.

Traders and investors are more likely to take risks and send coins to derivatives exchanges if it is going up.
In the past, bear markets have been linked to less money moving from spot exchanges to derivative exchanges.

Bull markets have always been linked to more money moving from spot exchanges to derivative exchanges.
Read 6 tweets
Dec 20, 2022
📑Weekly Fud Buster Dashboard
- Ongoing FUDs on @binance
- @realDonaldTrump 's "Trump Digital Trading Cards" #NFT
- Classic old FUDs on @Tether_to

Here's the wrap-up on FUDs from Twitter.🧵
cryptoquant.com/dashboard/63a0…
/1 An ongoing FUD on #Binance

There are still ongoing conspiracies on how Binance will be the next FTX. You don't have to trust any crypto influencers' reliable secret sources.

Verify with on-chain data.👇
/2 #Trump Digital Trading Cards #NFT

Donald Trump was against crypto and was unlikely to issue the self-branded NFTs. Regardless, he did it, and the "Trump Digital Trading Cards" NFT is rocking in OpenSea, #Polygon chain.

Link👇
cryptoquant.com/dashboard/63a0… Image
Read 4 tweets

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