On Chain
The latest On Chain news, analysis, and updates.
Eight-Year-Dormant Whale Moves 5,908 Bitcoin to a New Wallet
A wallet dormant since Bitcoin traded near $16,865 sent 5,908 BTC, worth about $382.67 million, to a fresh address that has not moved since.
Bitcoin's RHODL Ratio Slips Below 6 as Old Coins Move to New Buyers
Glassnode's RHODL Ratio peaked at 6.5 in early July and has since fallen under 6, a sign long-term holders are handing bitcoin to new buyers near $62,000.
XRP Demand Cools on Three Fronts as Funding Flashes a Contrarian Signal
On-chain wallets, futures open interest, and ETF flows all fell in early July, but XRP's deeply negative funding rates have analysts eyeing a rebound.
Analyst Puts 65% Odds on a Bitcoin Bottom Below $58,000
The DeFi Report's Mike says peak buyers haven't capitulated yet, and puts 65% odds on a lower low under $58,000 before the cycle turns.
Bitcoin Holds $60K Through Middle East Tension After $850M Wipeout
Bitcoin is steady near $60,000, its lowest since late 2024, shrugging off renewed US-Iran tension while Strategy's capital structure keeps sentiment fragile.