Category: News

Solana (SOL) is gaining significant momentum again, both on-chain and in price action. The network is nearing a major milestone of 400 billion total transactions. In the last seven days, SOL has surged over 12% and reclaimed the $150 level for the first time since early March.

From its cycle low of $9.98 in January 2023, Solana has soared over 1400%, backed by growing adoption across its ecosystem. With bullish technical signals, thriving apps like PumpFun and Jito, and talk of a potential run toward $500 in 2025, Solana is once again cementing its place as a top performer in the market.

Solana Network Nears 400 Billion Transactions

Solana is nearing a major milestone. It is less than 2 billion transactions from hitting the 400 billion mark.

This comes as SOL’s price gains fresh momentum, rising over 12% in the past week and breaking above $150 for the first time since March 2, with its DEX trading volume reaching almost $16 billion in the last seven days, more than any other chain.

Since bottoming at $9.98 on January 1, 2023, Solana has skyrocketed by an incredible 1412%, becoming one of the top performers of the current cycle.

But it’s not just price action—this cycle has also brought an explosion of real adoption to the Solana ecosystem. Apps like PumpFun, launched just last year, have quickly become among the most profitable in crypto.

Meanwhile, core protocols like Raydium, Meteora, and Jito continue to generate millions in monthly fees, highlighting the network’s growing utility and economic strength.

Solana RSI Dips but Bullish Momentum Holds

Solana’s Relative Strength Index (RSI) is currently at 64.51, cooling off from a recent high of 77 just a day ago. Interestingly, it has rebounded from an intraday dip to 58.64, signaling a potential shift in short-term momentum.

This fluctuation suggests that while the recent rally may have briefly overheated, buyers are still active, keeping the momentum in bullish territory.

The RSI is a momentum oscillator ranging from 0 to 100, used to evaluate whether an asset is overbought or oversold. Readings above 70 typically suggest overbought conditions, often preceding a pullback, while values below 30 indicate oversold levels and potential buying opportunities.

With SOL’s RSI now sitting at 64.51, it points to continued bullish sentiment without being overstretched.

This level allows for further upside if momentum builds again, but traders will be watching closely to see if the RSI can climb back toward the overbought zone—or if selling pressure starts to mount.

Will Solana Reach $500 in 2025?

The Solana price is trading within a tight range. It faces resistance at $152 and holds support at $147.60.

Its EMA lines remain bullish, with short-term averages above long-term ones, signaling that the broader uptrend is still intact.

If the $152 resistance is broken, SOL could climb toward $160, and with sustained momentum, even target $180.

Looking further ahead, if Solana regains the momentum it had at the end of 2023 and throughout early 2024, it could retest its all-time high of $256 and potentially push toward $300 in the first half of 2025.

Should the overall crypto market recover in the second half and Solana continue leading in DEX volume and developer activity, the $500 mark becomes a realistic long-term target.

However, on the bearish side, a loss of the $147.60 support could open the door for a correction toward $124 or even $112 if the downtrend accelerates.

The post Solana Nears 400 Billion Transactions as SOL Reclaims $150 appeared first on BeInCrypto.

The CME is launching futures trading on XRP on May 19, pending regulatory review. It will allow both micro and large contracts, from 2,500 to 50,000 XRP, prioritizing flexibility and precision.

This development could provide several key advantages for the asset. In addition to substantial liquidity, the CME will treat the asset as a commodity like Bitcoin and Ethereum. This could potentially boost the chances of an XRP ETF approval.

CME to Launch XRP Futures

XRP futures are financial contracts that let traders speculate on the future price of XRP without owning the actual XRP coins. It will allow institutional and professional traders to hedge risk or speculate on XRP prices using regulated instruments.

CME’s involvement is significant—it’s the world’s largest derivatives exchange, and adding XRP gives more legitimacy and market depth.

The CME has been interested in crypto futures trading over the past few months. It hinted at launching Solana and XRP futures in January but couldn’t officially commit to the strategy until approval.

The CME first began Solana futures trading last month and is set to open XRP futures on May 19:

“While overdue in a bunch of ways, this is an incredibly important and exciting step in the continued growth of the XRP market!” Ripple CEO Brad Garlinghouse claimed via social media.

Meanwhile, futures trading in the institutional market could potentially aid the chances of an XRP ETF. Additionally, it potentially opens a huge window of new liquidity for the token. The recognition of CME’s brand will guarantee product quality in the eyes of institutional investors.

Coinbase added XRP futures trading earlier this week after receiving official CFTC approval. The CME is also a CFTC-regulated institution, but it will take a few weeks to offer its own XRP futures.

Still, it began offering Bitcoin and Ethereum futures this year, and this development suggests it’s treating Ripple’s altcoin like a commodity, too.

The announcement acknowledges that it still requires regulatory approval, possibly explaining the long wait. These futures will be cash-settled and based on the CME’s XRP-Dollar reference rate, which is calculated daily.

XRP’s demand hit a five-month low this week, and the CME won’t offer futures for nearly a month. This news is undoubtedly bullish, but it may take some time to materialize fully in the market.

The post XRP Futures Set to Launch on CME Group, Boosting Liquidity and ETF Chances appeared first on BeInCrypto.

Changpeng “CZ” Zhao is having another public dispute with Bloomberg over his recent efforts to advise various governments on crypto policy.

The Binance founder once again called out the publication for negatively framing his advisory efforts. CZ continues to stress that several media outlets take his remarks out of context to drive breaking news.

CZ Continues to Face Media Scrutiny

Changpeng “CZ” Zhao, former CEO of Binance, has recently been involved in a few spats with major publications. Three years ago, he sued one of the Bloomberg subsidiaries for defamation.

Most recently, several US-based publications circulated allegations about a potential deal with the Trump family. After denying those claims, Bloomberg again published an article centered on CZ’s work advising various governments, prompting a harsh response.

4. Another hit piece from Bloomberg.

Instead of writing an issue with evidence, they pick a person and write fictional attacks with zero evidence.

I heard that Bloomberg may cancel its entire investigative journalism division soon, due to its low ethical standards.

— CZ BNB (@cz_binance) April 24, 2025

In recent months, CZ has been actively advising the government on crypto policies and digital asset regulations. This month alone, he advised Kyrgyzstan on building its crypto hub and joined the Pakistan crypto council.

Earlier this week, he met with the Prime Minister of Malaysia to “discuss [the country’s] potential to become a major hub” for crypto.

This particular meeting was the center of Bloomberg’s report today, framing the regulatory efforts in a negative context.

Specifically, the article repeatedly called attention to his prison stint for money laundering charges, which he pleaded guilty to. It mentioned his criminal past several times in addition to previous reprimands from regulators.

In other words, several US-based media outlets find it ironic that CZ influences crypto laws due to his struggles with the legal system.

However, his actual advice is pretty standard. As a major crypto leader, it’s unsurprising that CZ advocates for balanced or even loose regulation.

Bloomberg also quoted a few of CZ’s comments at various public appearances, which he claims were taken out of context. For example, it referred to a Q&A about Giggle Academy.

Giggle is a non-profit online education platform that helps youths in emerging markets find employment. When asked about concerns of promoting child labor, he responded:

“I’ve got to be careful on this one. We don’t want to violate any laws about working age. Giggle doesn’t offer a job market on the platform today, but it plans to in the future. We are also willing to work with labor ministries to review or at least explore what’s the right working age for kids,” CZ said.

CZ called this quote a joke, chiding the publication for focusing on it instead of the talk’s main points. Giggle has enrolled over 28,000 children, he claimed.

The article paints his activities in a dark light by constantly referring to his criminal conviction and pairing this remark about “working with labor ministries” with his efforts advising government policy.

The post Binance’s CZ and Bloomberg Continue to Clash Over Crypto Advisory Reports appeared first on BeInCrypto.

PumpFun tokens show renewed strength after a prolonged correction, with activity on the platform accelerating again. Daily token launches have consistently held above 30,000 per day over the past few weeks, and weekly volume has surged back above $1 billion since April 7.

In the last few weeks, three tokens—Alchemist AI (ALCH), FARTCOIN, and AI Rig Complex (ARC)—have emerged as standout performers. Each is riding a wave of momentum into the end of April, backed by strong narratives, technical setups, and growing investor attention.

Alchemist AI (ALCH)

Alchemist AI, a no-code development platform allowing users to build software applications through natural language commands and simple descriptions, has gained significant traction in the market.

Over the past week, ALCH has surged nearly 40%, pushing its market capitalization to $177 million, and is currently one of the biggest PumpFun tokens.

This rally highlights growing interest in user-friendly AI tools and low-code/no-code infrastructure, which are increasingly viewed as the future of accessible software development.

From a technical perspective, ALCH is approaching a key resistance level around $0.229.

If the current momentum continues, a breakout above that zone could propel the token past $0.25 and into new all-time highs.

However, if buying pressure fades and the $0.173 support is lost, a downward move toward $0.132 could follow, potentially extending as low as $0.099 in the event of a sharper correction.

FARTCOIN

FARTCOIN has become the undisputed king of the coins launched on PumpFun, boasting a market cap of $1.08 billion and a 20% price increase over the past seven days.

What makes FARTCOIN especially notable is its resilience—since early March, the coin has steadily climbed despite broader market corrections impacting most of the crypto space.

In fact, its price has surged 329% since March 1, making it one of the strongest performers among meme-driven tokens.

From a technical standpoint, FARTCOIN’s chart remains bullish, with its EMA lines confirming upward momentum as short-term averages stay above the long-term ones.

The token is approaching a critical resistance at $1.20, and a breakout there could lead to a rally toward $1.60.

However, if momentum fades, the first support sits at $0.965, potentially sliding to $0.717 if that level fails to hold.

AI Rig Complex (ARC)

ARC has experienced intense volatility recently, crashing 91% between February and April as part of the broader correction that hit AI agent tokens across the crypto space.

However, momentum has recently shifted, with ARC rebounding nearly 31% in the past seven days.

The project is uniquely positioned at the intersection of two powerful narratives—artificial intelligence and PumpFun tokens—both regaining investor interest. If positive sentiment continues to build, this dual exposure could serve as a strong tailwind for the token.

ARC drives Rig, an open-source framework that allows developers to build modular, portable, and lightweight crypto AI agents.

If the current bullish momentum holds, ARC could soon test the resistance at $0.056 and potentially target $0.071 and $0.083 in extension.

However, the $0.048 and $0.043 levels will be key supports if buying interest fades. A breakdown below those could trigger a deeper pullback, with $0.034 as the next major downside target.

The post Top 3 Pump.Fun Tokens to Watch For The End of April appeared first on BeInCrypto.

Solana-based meme coin Official Trump (TRUMP) is today’s top gainer in the crypto market, surging nearly 30% in the past 24 hours. 

The rally follows a major announcement that the US president will host an exclusive “gala dinner” for the token’s top 220 holders, sparking renewed investor interest.

TRUMP Token Dominates Charts 

The Donald Trump-inspired meme coin TRUMP has surged 29% in the past 24 hours, fueled by news of an exclusive incentive tied directly to the U.S. president. 

According to the project’s official website, the top 220 holders of the TRUMP token will receive invitations to a private gala dinner with the president on May 22. The website touts the event as “the most EXCLUSIVE INVITATION in the world.”

Since the announcement, the market sentiment around the token has shifted dramatically. Trading volume has skyrocketed by over 500%, reaching $5.11 billion, marking the meme coin’s highest single-day volume since February 14. 

When an asset’s price and trading volume spike simultaneously, it signals strong market interest and growing momentum behind the move. This trend indicates that new investors are entering the TRUMP market, fueling the continuation of its current uptrend.

On the daily chart, readings from TRUMP’s Parabolic Stop and Reverse (SAR) indicator support this bullish outlook. At press time, the dots of this indicator rest below TRUMP’s price, forming dynamic support at $7.85.

An asset’s Parabolic SAR indicator identifies potential trend direction and reversals. When its dots are placed under an asset’s price, the market is in an uptrend. This confirms TRUMP’s current rally and also hints at the likelihood of sustained growth in the short term. 

TRUMP Faces Make-or-Break Moment

As of this writing, TRUMP trades at $11.82. If the bulls hold on to control and demand strengthens ahead of the private gala dinner, the meme coin could extend its rally and climb toward  $22.14. 

However, if profit-taking resumes, TRUMP could shed its recent gains and plummet to $7.14.

The post Official Trump (TRUMP) Dominates Crypto Market as US President Rewards Top Bagholders appeared first on BeInCrypto.

Gate.io officially launched the brand-new airdrop platform CandyDrop. CandyDrop adopts a task-incentive mechanism, aiming to lower the entry barrier and enhance interaction between users and quality projects, creating a more convenient and efficient way for users to acquire cryptocurrencies.

Task-Driven Airdrops: Bridging Users with Quality Projects

CandyDrop is a token airdrop platform built by Gate.io, with its core mechanism being task-driven participation. Users can complete various tasks such as reaching a certain trading volume, depositing specific tokens, and inviting new users to register to earn candy points, which can be exchanged for project token airdrops.

Gate.io maintains its consistent professional standards in project selection, strictly controlling project quality, and selecting mature or high-potential tokens to ensure that users receive real and reliable rewards. This helps users access more quality assets while participating in the activities.

Easy Participation: Join CandyDrop Seamlessly

Participating in CandyDrop activities is very simple. On the web platform, users simply need to click “Startup” on the navigation bar and scroll to expand the “CandyDrop” page to easily join. On the app, click profile picture in the top left corner, scroll down to the “Earn” section, and open “CandyDrop” to quickly join the event as well.

After completing specified tasks, the system will award a corresponding amount of candy based on the task type. The more candy a user collects, the more tokens they will receive after the activity ends. After the activity ends, the platform will distribute the corresponding tokens to the user’s wallet based on the total amount of candy accumulated. Users can then choose to trade immediately to realize gains or hold the tokens long-term and wait for value appreciation.

CandyDrop Explained: Helping Users Participate with Confidence

CandyDrop activities have virtually no entry barrier, and all verified Gate.io users can participate. In addition to the aforementioned deposit, trading, and referral tasks, more innovative tasks will be introduced in the future.

CandyDrop’s candy distribution mechanism is closely tied to user engagement. The more tasks users complete, the more candy they receive, and the more likely they are to reach the required candy threshold to earn substantial rewards in each round. It is important to note that each CandyDrop event has an independent candy system, and candy from one event will not carry over to the next.

Each CandyDrop activity has its own rules and task requirements, which serve as the foundation for fair and orderly execution. Users must carefully read the detailed terms on the activity page before participating, to understand the rule specifics and better plan their participation strategy, allowing them to fully enjoy the event and its potential rewards.

CandyDrop: A New Model for Unlocking Asset Growth Opportunities

As the cryptocurrency market continues to develop, the CandyDrop platform, with its innovative, transparent, and user-friendly features, is expected to attract more users and inject new vitality into the industry. In the future, CandyDrop will continue to optimize platform functions, expand task types and incentive mechanisms, and provide users with diversified paths for asset appreciation, contributing to the prosperity of the crypto ecosystem.

Disclaimer: This content does not constitute an offer, solicitation, or recommendation. You should always seek independent professional advice before making investment decisions. Gate.io may restrict or prohibit certain services in specific jurisdictions. For more details, please read the User Agreement.

The post Major Debut: Gate.io Introduces CandyDrop Airdrop Platform with Free Tokens Up for Grabs appeared first on BeInCrypto.

The crypto market had a rather bullish week and a positive 24 hours, as PolitiFi coins noted a surge. Led by the Official Trump token, the PolitiFi market grew by 29% and is collectively worth over $2.80 billion.

BeInCrypto has analyzed two other Political meme coins for investors to watch as they piggyback on TRUMP’s growth.

Official Trump (TRUMP)

• Launch Date – January 2025
• Total Circulating Supply – 199.99 Million TRUMP
• Maximum Supply – 1 Billion TRUMP
• Fully Diluted Valuation (FDV) – $12.46 Billion

TRUMP price has surged by 34% over the last 24 hours following the announcement of a Gala Dinner with the US president for the top 220 holders. The top 25 holders will also receive a private White House tour, boosting investor sentiment and driving demand for the token.

Currently trading at $12.40, TRUMP is nearing the resistance of $12.57. If the positive momentum persists, it could flip this resistance into support and continue its rise. A successful breach of $12.57 may lead TRUMP to the next resistance level at $14.53, attracting further investment.

However, if investors decide to sell and lock in profits, TRUMP could experience a decline. If the token fails to hold above the $12.57 resistance, it could drop to $11.44 and potentially fall further to $10.29, invalidating the bullish outlook and erasing recent gains.

ConstitutionDAO (PEOPLE)

• Launch Date – December 2021
• Total Circulating Supply – 5.06 Billion PEOPLE
• Maximum Supply – 5.06 Billion PEOPLE
• Fully Diluted Valuation (FDV) – $72.80 Million

PEOPLE price has surged 12% over the last 24 hours, adding to its 40% growth over the week. This rally follows TRUMP’s gains, and PEOPLE is now trading at $0.0144. The recent surge signals a potential continuation of the bullish trend, supported by market optimism.

If the momentum persists, PEOPLE could breach the $0.0152 resistance level. Successfully flipping it into support would propel the meme coin to new heights, targeting $0.0184. This would solidify the recovery and potentially bring further investor interest in the altcoin, boosting its market performance.

However, a pullback is likely if PEOPLE fails to break through $0.0152. Falling below this resistance would send the price back to $0.0128, which could invalidate the bullish outlook. This scenario would erase recent gains, potentially increasing investors’ selling pressure.

Doland Tremp (TREMP)

• Launch Date – November 2024
• Total Circulating Supply – 99.95 Million TREMP
• Maximum Supply – 100 Million TREMP
• Fully Diluted Valuation (FDV) – $3.30 Million

TREMP, a meme coin that benefited from TRUMP’s rally, surged by 33% in the past day despite a 14% dip today. The token, often seen as a mockery of Donald Trump, is currently stuck in a volatile market. This fluctuation indicates ongoing investor interest in the meme coin.

If TREMP can hold its current support at $0.0319, the altcoin could bounce back. With the right investor backing, it may push towards $0.0389 in the coming days, furthering its recovery. This would be essential to maintaining bullish sentiment and securing a more sustained rise in the future.

However, if investor confidence falters, the meme coin may struggle. A failure to maintain the $0.0319 support would likely push TREMP down to $0.0290, invalidating the current bullish outlook.

This could lead to further price declines, especially if selling pressure intensifies.

The post TRUMP’s Rally Sparks Rise in These PoltiFi Tokens | Meme Coins To Watch Today appeared first on BeInCrypto.

A recent announcement for the Private Dinner event for the top 220 holders of the TRUMP meme coin stated that if former President Trump does not attend, attendees may receive a limited NFT.

This has sparked speculation about the event’s true purpose. Could it ignite a new market wave?

New NFT Collection Launch at the TRUMP Gala Dinner?

According to official details from the TRUMP meme coin team, the Trump Gala Dinner is an exclusive event for the top 220 holders of the meme coin. It will be held at Trump National Golf Club in Washington on May 22, 2025.

However, organizers have noted they reserve the right to change the date and venue, raising questions about the event’s certainty.

More intriguingly, there’s uncertainty about Trump’s participation. Despite the event bearing his brand, terms state that Trump may not attend. If the dinner is canceled or Trump is absent, eligible TRUMP holders will receive a limited-edition NFT as compensation.

This has fueled speculation that Trump may use the event to launch a new NFT collection, building on his previous NFT ventures.

“President Trump may not be able to attend the TRUMP Gala Dinner. In the event President Trump is unable to attend the TRUMP Gala Dinner, or if the Gala Dinner does take place, then in our sole discretion, it may be rescheduled to another date, or TRUMP Meme holders who are qualified for the Gala Dinner and/or reception will receive a limited edition TRUMP NFT in lieu thereof,” the terms and coditions wrote.

Donald Trump’s NFT Journey

Trump is no stranger to the NFT market. In early 2025, Donald Trump’s NFT collection, “Trump Bitcoin Digital Trading Cards,” debuts with 160 pieces on the Bitcoin network.

He debuted his Trump Digital Trading Cards in December 2022, marking his entry into the crypto space. The first collection, featuring 45,000 NFTs, quickly gained traction due to Trump’s brand. It raised approximately 648 ETH, roughly $785,000 as per the ETH rate during the sale.

After that, Trump launched Series 2 of the Trump Digital Trading Cards. Trump’s second round of ‘Digital Trading Cards’ sold out quickly. However, not everything went smoothly.

The value of the original Series 1 collection took a significant hit. The rapid release of new collections raised concerns in the community about “value dilution,” diminishing the appeal of earlier NFTs.

According to OpenSea data, the total trading volume for Trump Digital Trading Cards reached 17,167 ETH, equivalent to tens of millions of USD—an impressive figure for an NFT collection.

By April 2025, CryptoSlam data shows the trading volume for Trump Digital Trading Cards dropped to just $2,000, a stark contrast to its peak.

The Trump Gala Dinner could have implications beyond TRUMP holders, potentially influencing meme coin and NFT markets. If Trump launches a new NFT collection and succeeds, it could reignite interest in celebrity-driven NFT projects.

Conversely, if the event flops or the new NFT fails to gain traction, it may deepen skepticism about the sustainability of meme coin and NFT ventures.

The post Is the TRUMP Gala Dinner an NFT Promotion Stunt? appeared first on BeInCrypto.

PI’s price has climbed 7% over the last seven days, signaling modest upward momentum. It currently trades at $0.65. 

However, technical readings reveal that the rally largely lacks conviction from bullish traders, suggesting the price growth is more reflective of overall market growth than demand for PI.

PI Climbs, But Momentum Stalls

A key indicator supporting this outlook is the Relative Strength Index (RSI), which has remained largely flat despite the price uptick. This indicates a balance between PI’s buying and selling pressure, rather than a surge in bullish sentiment that typically accompanies sustainable rallies.

The RSI indicator measures an asset’s overbought and oversold market conditions. It ranges between 0 and 100. Values above 70 suggest that the asset is overbought and due for a price decline, while values under 30 indicate that the asset is oversold and may witness a rebound.

When it is flat like this, there is a balance between buying and selling pressure, with no clear momentum in either direction. This signals market indecision or consolidation, rather than a strong trend, despite PI’s price hike. 

Further, PI’s Super Trend indicator, which continues to act as dynamic resistance above the token’s price, adds to the cautious outlook. This is currently at $0.85

The indicator helps traders identify the market’s direction by placing a line above or below the price chart based on the asset’s volatility. 

As with PI, when an asset’s price trades below the Super Trend line, it signals a bearish trend, indicating that the market is in a downtrend and selling pressure is dominant.

As PI struggles to break above this level, the trend line reinforces bearish sentiment and suggests pushing the asset higher in the short term will be difficult.

PI Risks Drop to $0.40 Without Renewed Demand

PI currently trades at $0.65, resting below its 20-day exponential moving average (EMA). This indicator measures an asset’s average price over the past 20 trading days, giving more weight to recent prices. 

When the EMA is positioned above the asset’s current price, it signals a short-term downtrend, indicating that recent prices are lower than the average of the past 20 days. If demand wanes further, PI could extend its losses and revisit its all-time low of $0.40. 

On the other hand, if the bulls regain market dominance, they could drive PI’s value above its 20-day EMA and toward $1.01.

The post Pi Network (PI) Inches Up 7%, Yet Bulls Struggle to Take Control appeared first on BeInCrypto.

According to an on-chain analyst, the movement of dormant Bitcoins (BTC) increased by 121% in Q1 2025 compared to Q1 2024.

This shift may signal that long-term investors are reacting to broader economic trends or anticipating market changes.

Dormant Bitcoin on the Move: What’s Driving the Trend?

In a recent post on CryptoQuant, the analyst revealed that investors moved around 28,000 dormant Bitcoins in Q1 2024. March was particularly noteworthy, with approximately 19,296 BTC moved. This was in contrast to the lower figures in January (approximately 3,034 BTC) and February (approximately 5,678 BTC).

“In the first three months of 2025, more than twice the amount of long-dormant Bitcoin has been moved compared to the same period in 2024,” the post read.

Comparing this to the first quarter of 2025, the total amount of Bitcoin moved was notably higher. Over 62,00 BTC, dormant for over seven years, was transferred. Specifically, investors moved 24,595 BTC in January, 21,820 BTC in February, and 16,456 BTC in March.

The analyst suggested that this surge in activity reflects a shift in sentiment among long-term Bitcoin holders. This shift could be driven by macroeconomic factors, evolving price expectations, or institutional liquidity demands. 

Notably, 2025 has proven to be a turbulent year for Bitcoin. Geopolitical shifts, rising trade tensions, and growing economic concerns have significantly impacted the market. 

Recently, Glassnode pointed out that Bitcoin has experienced its deepest drawdown of the cycle. In its weekly newsletter, the firm emphasized that investors are facing intense pressure. Furthermore, many are currently experiencing their largest unrealized losses ever.

“Current unrealized losses are largely concentrated among newer investors, while long-term holders remain in a position of unilateral profitability. However, an important nuance is emerging, as recent top buyers age into long-term holder status, as noted, the level of unrealized loss within this cohort is likely to increase,” the newsletter read.

However, Glassnode noted that BTC’s dip remains within the typical range of previous corrections seen in bull markets. Importantly, Bitcoin has also been on a recovery rally lately. 

Over the past week, its value has appreciated by 8.9%. Yet, daily losses stood at 2.2%. At the time of writing, BTC was trading at $92,164. The decline wasn’t isolated, as the broader crypto market also experienced a correction. 

Meanwhile, the increased movement of dormant assets is not limited to Bitcoin. A parallel trend has emerged in the Ethereum (ETH) market. Data from Lookonchain showed that in early February, a whale deposited its entire holdings of 77,736 ETH into Bitfinex after being inactive for six years.

In early April, Onchain Lens posted about an eight-year dormant whale moving 11,104 ETH worth 19.97 million.

“Of this, 247.93 ETH was sent to Coinbase and 10,856 ETH to a new wallet. The whale initially withdrew ETH for $2.51 million from Kraken and Gemini, 8 years ago,” Onchain Lens added.

This asset movement reflects investors’ strategic repositioning amid economic uncertainty.

The post Dormant Bitcoin Movements Surge by 121% in Q1 2025 Amid Sentiment Shifts appeared first on BeInCrypto.