Author: Andjela Radmilac

On April 8, Bitcoin’s net unrealized loss (NUP) ratio spiked to 0.0578, the highest level since November 2023. Meanwhile, the net unrealized profit/loss ratio dropped to 0.4253 on the same day, its lowest point since September 2024. This followed Bitcoin’s drop to $76,000 amid a sharp and aggressive retracement from the mid-$80,000 range it traded

With Bitcoin’s price indicating that capital inflows are softening and investors are stepping back from large-scale buying, on-chain data provides clues about how Bitcoin holders react to market conditions. The sell-side risk ratio (SSR) is an important predictor of holder behavior. The Sell-side Risk Ratio (SSR) measures the potential “risk” of sell-side pressure entering the

CEXs Centralized exchanges are dominated by a few big players, with Binance far outpacing all others in trading volume. With around $17 billion in 24-hour volume recorded on March 25, Binance’s trading volume is an order of magnitude higher than any other exchange. Binance offers roughly 1,868 markets (479 coins) and captures an outsized share

Bitcoin saw a drop in trading volume across both the spot and futures markets over the past five days. The decline, which followed a sharp drop in Bitcoin’s price after a week of extreme volatility, was likely driven by a combination of disappointing political developments, macroeconomic tensions…

Realized volatility measures how much an asset’s price fluctuated over a past period and is typically calculated by taking the standard deviation of daily (often log) returns and annualizing it. It differs from implied volatility, which reflects market expectations for future price swings. Realized volatility is crucial because it captures actual market risk and helps