📢 Exclusive on Gate Square — #PROVE Creative Contest# is Now Live!
CandyDrop × Succinct (PROVE) — Trade to share 200,000 PROVE 👉 https://www.gate.com/announcements/article/46469
Futures Lucky Draw Challenge: Guaranteed 1 PROVE Airdrop per User 👉 https://www.gate.com/announcements/article/46491
🎁 Endless creativity · Rewards keep coming — Post to share 300 PROVE!
📅 Event PeriodAugust 12, 2025, 04:00 – August 17, 2025, 16:00 UTC
📌 How to Participate
1.Publish original content on Gate Square related to PROVE or the above activities (minimum 100 words; any format: analysis, tutorial, creativ
💱 BTC On-Chain Metrics – Whales, Miners & Market Trends 📊🐋⛏
Bitcoin’s on-chain data offers a real-time x-ray into the health and behavior of the market. By tracking whale activity, miner flows, and overall network trends, traders can gain insights into potential price moves before they hit the headlines. Let’s dive into the latest signals from the blockchain.
---
🐋 Whale Activity – Big Money Moves
Accumulation Surge – Addresses holding over 1,000 BTC have increased holdings by 2.5% in the past 30 days, signaling long-term bullish confidence.
Exchange Outflows – Whale transfers to cold storage hit a 6-month high, reducing sell pressure on spot markets.
Strategic Buying Zones – Large inflows occurred during BTC dips below $118K, suggesting whales are “buying the fear.”
📌 Historical Note: Whale accumulation spikes have often preceded major bull legs — as seen in late 2020 and early 2021.
---
⛏ Miner Behavior – Supply & Selling Pressure
Hash Rate Strength – Network hash rate remains near all-time highs, reflecting miner confidence in future price stability.
Reduced Selling – Miner-to-exchange flows are down 15% this month, indicating miners are holding rather than liquidating.
Pre-Halving Impact – With the 2025 halving approaching, miners may strategically hold BTC, anticipating higher post-halving prices.
⚠ Risk Watch: If BTC drops sharply, miners may increase selling to cover operational costs, adding short-term supply pressure.
---
📊 Market Trends & On-Chain Health
Active Addresses – Daily active Bitcoin addresses surpassed 1.2M, reflecting robust network usage.
Dormant Supply Revival – Coins dormant for 5+ years are moving at a slightly higher rate — historically a cautionary sign of possible profit-taking.
MVRV Ratio – Currently in a mid-cycle range, suggesting room for upward price movement without extreme overvaluation.
---
🔍 Key Takeaways for Traders
Bullish Signals: Whale accumulation, exchange outflows, strong hash rate.
Neutral Signals: MVRV mid-range, stable active addresses.
Caution Flags: Dormant supply awakening, possible miner selling if prices dip sharply.
---
🏆 Bottom Line
On-chain metrics show smart money accumulating and miners holding tight, painting a generally bullish mid-term outlook for Bitcoin. However, revived dormant supply and potential miner sell-offs remain risk factors.
For traders, monitoring these metrics alongside macroeconomic trends could provide a decisive edge in the months ahead.
Verdict: Bitcoin’s on-chain pulse remains strong — and the whales are still swimming in the same bullish waters. 🐋🚀
#ETH Breaks $4700# #CPI Data Coming# #Show My Alpha Points#
---
I