Analysts: now there are no prerequisites for “whale” sales BTC

At the moment, the Binary CDD metric has not reached critical levels that in the past coincided with the beginning of the wave of profit for long -term investors. This was noticed in Cryptoquant.

The indicator monitors the consumption of “retention time” in the market, when the owners of the “old offer” make large volumes of transactions.

If the Binary CDD grows against the background of ATH, this may indicate the transition of coins from long -term holders to short -term participants.

Currently, 30 DMA metrics have grown to 0.6, while during the last phase of bull growth 2021 and amid the establishment of historical maximums in March and December 2024, the sliding average exceeded the mark of 0.8.

1-1561

What about options?

On May 16 at 5:00, Kyiv/Moscow on Deribit will be exposed to Bitcoin and Ethereum options with a nominal volume of $ 2.66 billion and $ 525 million, respectively.

The levels of “maximum pain” are located at $ 100,000 and $ 2200.

In the contracts for digital gold, a balanced situation is observed; On the second cryptocurrency in capitalization, there is a small advantage of Putov.

BitWise was offered not to put everything on bitcoin and also consider other assets.

So, Amberdata recorded large purchases of SOLANA calls with repayment on June 27 and $ 200.

On May 9, Ethereum quotes increased by 18.8% in the moment, to marks above $ 2300. The driver could be the activation of the Pectra hardfort.

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Source: Cryptocurrency

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