Cryptocurrency
Bitcoin speculators send 35K BTC to exchanges in new ‘elation inflow’

Bitcoin (BTC) short-term holders are feeling the need to sell BTC at $30,000, data shows.
In research released on June 28, on-chain analytics firm Glassnode flagged tens of thousands of coins being sent to exchanges.
Bitcoin speculative exchange moves “intensifying”
BTC price action stalling at $30,000 is prompting a rethink when it comes to buyers who have turned a profit this month.
In particular, short-term holders (STHs) — those entities hodling funds for 155 days or less — are becoming increasingly keen sellers.
Monitoring inflows to exchange wallets, Glassnode revealed a clear spike in funds being put up for trade originating from STHs, which correspond to Bitcoin’s more speculative investor cohorts.
“The recent elation in Bitcoin price action has enticed an increase in Short-Term Holder interaction with exchanges,” it commented.
“Currently, STH exchange inflows are intensifying, with a significant 1.28% (+35.4K BTC) of the STH Supply sent to exchanges.”
An accompanying chart makes a distinction between current inflows and those seen during the 2022 bear market.
STHs, it shows, are more inclined to sell en masse during periods of BTC price suppression to limit losses. Profit-taking, on the other hand — as seen now and in March, when BTC/USD first returned to the $30,000 mark — has resulted in overall lower exchange volumes.

Realizing 10% gains
The figures indicate that speculative interest in Bitcoin remains fickle and highly sensitive to even smaller price movements.
Related: Bitcoin price clings to $30K as Fed’s Powell stresses more rate hikes
Nonetheless, STHs have become an important market force in 2023.
As Glassnode and Cointelegraph previously noted, their aggregate cost basis — around $26,500 earlier this month — has remained intact as a support level.
Meanwhile, on-chain analysis has predicted that should BTC price upside return, the urge to take profit could quickly become overpowering.
Historical data has shown that once STH profitability reaches an aggregate 20%, selling begins, and against their current $26,500 breakeven point, anything much above $33,000 could spark a significant shift in hodler composition.
Current data shows STH profitability at around 10%, with their realized price — the price at which STH coins last moved — now above $27,000.

Magazine: How smart people invest in dumb memecoins: 3-point plan for success
This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.
Cryptocurrency
Bitcoin Stalls, Altcoins Move: This Week’s Top Gainers and Losers (Weekend Watch)

Although it went through some volatility in the past seven days, bitcoin’s price actually stands at the same spot as it did last Sunday.
Many altcoins have produced bigger moves, as ETH has bounced above $2,000 once again, while DOGE is close to breaking below $0.17.
BTC Stalls at $84K
As the chart on the bottom of this article will show, BTC’s price stood at $84,000 last Sunday before it headed south on Monday and later on Tuesday. The weekly bottom came at just over $81,000 at the time as traders were preparing for the conclusion of the FOMC meeting on Wednesday.
Once it became known that the Fed will not change the interest rates again, BTC faced some volatility but ultimately shot up to a multi-week peak of over $87,000 during Thursday morning’s Asian trading session.
However, this was short-lived, and the bears pushed the asset south later on Thursday and Friday. The biggest drop at the time came with a slide to $83,000. Nevertheless, BTC managed to defend that level and has returned to just over $84,000, as mentioned above. The weekend has been quite dull, with little to no movements.
Its market cap has remained still at $1.670 trillion, while its dominance over the alts has been reduced this week to 58.3%.
ETH Above $2K
The market moves over the past day have been lacking, so we will focus on the weekly performances. Ethereum is actually up by over 4%, which has helped it jump past the coveted $2,000 mark. Tron and Toncoin have popped up as the top gainers from the larger-cap alts, surging by 9% and 6.5%, respectively.
UNI, APT, KBT, AAVE, GT, and HYPE lead the way from the mid-cap alts. In contrast, Pi Network’s PI token has plummeted by over 32% since last Sunday to $1.
Solana, Cardnao, and Dogecoin are also in the red from the larger-cap alts, with losses of up to 4%.
The total crypto market cap is essentially at the same spot as yesterday at $2.870 trillion on CG.
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Cryptocurrency charts by TradingView.
Cryptocurrency
Good News for Ripple (XRP) and Cardano (ADA) Investors: Details

TL;DR
- Although both ADA and XRP are down on a weekly scale, their performance could reverse in the short term, as suggested by a popular metric that has flashed a buy signal.
- Interestingly, the projects behind both assets have been linked in the past and are expected to announce a joint venture soon.
The metric in question, brought by popular crypto analyst Ali Martinez, is the TD Sequential, which showcases whether an asset has reached an exhaustion point in either direction.
For XRP, the indicator has flashed a buy signal on the 4-hour chart, which could suggest “the start of a short-term rebound,” said Martinez.
$XRP just flashed a TD Sequential buy signal on the 4-hour chart. This could be the start of a short-term rebound pic.twitter.com/PXERVCxbPI
— Ali (@ali_charts) March 22, 2025
Ripple’s cross-border token experienced a sharp and brief uptick earlier this week when company CEO Brad Garlinghouse announced a victory in the legal case against the SEC. XRP went from $2.3 to $2.6 within an hour or so but failed to keep the momentum up and has retraced to under $2.4 now.
The same indicator posted a similar buy signal when it came down to ADA, according to the 4-hour chart, showing that a rebound could be on the horizon.
#Cardano $ADA just got a buy signal from the TD Sequential on the 4-hour chart. A rebound could be on the horizon!
Join me in this trade by signing up to @coinexcom using my referral link https://t.co/73n8mWavUX pic.twitter.com/6HxRlkWhWV
— Ali (@ali_charts) March 21, 2025
ADA has struggled in the past month or so, losing over 10% of its value and currently struggling to remain above $0.7. Previously, Martinez said the asset could skyrocket to $2, but it has to close above $1.2 on the daily chart, which seems like a distant dream now.
XRP and ADA have been linked on numerous occasions in the past several months. US President Trump mentioned them, alongside SOL, ETH, and BTC, in regard to the suggested strategic crypto reserve in the country.
Additionally, Charles Hoskinson and Ripple execs have been exchanging kind words since the US elections, hinting on multiple occasions about a potential collaboration between the two parties. However, nothing official has been made public yet.
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Cryptocurrency
Ripple News Today

Woes of insider trading, some technical warnings for XRP’s price, amid a number of other interesting developments for Ripple – news that you can’t miss.
Was there XRP insider trading prior to CEO announement of SEC victory?
According to a recent research by Santiment, large XRP wallets inccreased their holdings by around 6.5% in the two months leading up to the announcement that the SEC had dropped its appeal against the company.
In addition to that, this period also saw a sixfold increase in unique wallet activity on the Ripple network, which contrasts wit user outflows on other blockchains.
However, it’s a stretch to say that there was insider trading, because the news was widely anticipated as some experts even said that it was priced in ever since Donald Trump won the elections in November last year.
Time to short XRP?
Some are of the opinion that the XRP token might as well be overvalued, given that a lot of the catalysts for a positive price move have already happened, begging the question if it’s time to short it.
Ripple essentially “won” the lawsuit against the US Securities and Exchange Commission, although they still have to pay a hefty fine and they’ve stated that they will be contesting that. However, the Commission won’t carry the motion further, which is good enough.
At the same time, hightened social media activity around XRP has prompted some analysts to believe that it might be a good opportunity for contrarian investors to consider shorting the cryptocurrency.
XRP price to drop by 50%?
Ali Martinez, a well-known crypto analyst with hundreds of thousnads of followers on X, recently posted a controversial take on the XRP price, predicting a substantial crash.
According to him, the recent pump and dump in XRP has essentially created a very popular technical pattern known as head-and-shoulders. If it plays out, this could result in a 50% dump in the asset’s price, driving it down toward $1.25.
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