CyberConnect Rebrands To Cyber And Releases the First L2 for Social on Mainnet! 

CyberConnect Rebrands To Cyber And Releases the First L2 for Social on Mainnet! 

In partnership with AltLayer, Optimism, and EigenLayer, Cyber, the first L2 for social, has been launched on Mainnet!  Cyber leverages leading modular solutions, such as Optimism’s OP Stack and customized infrastructure secured by EigenLayer’s Actively Validated Services (AVS). To meet the unique needs of social applications, Cyber expands on these by integrating purpose-built tools developed … Continued
The post CyberConnect Rebrands To...

RockTree Capital Unveils Cyberpunk Crypto Future In New Website

RockTree Capital Unveils Cyberpunk Crypto Future In New Website

RockTree Capital, a leading crypto-native fund and merchant bank headquartered in Beijing, announces the launch of its immersive website, showcasing a futuristic film-noir concept: the Cyberpunk Crypto City. The website’s cutting-edge interactive cityscape represents RockTree’s vision where Web3 has become pervasive, fusing technology, finance, and culture. The site, set in the future near the 11th … Continued
The post RockTree Capital Unveils...

New Crypto Listings Recently | Today’s Viral Level= DeepSkyBlue 2024-05-16

New Crypto Listings Recently | Today's Viral Level= DeepSkyBlue 2024-05-16
2 SocialPal's logoSocialPal (SPL) $0.007408 0.60% 0.60 % -- $57,147
0.8655BTC -- Today

3 NVIDIA's logoNVIDIA (NVDA) $0.000857 0.00% 1.04 % -- $120,411
1.82BTC -- Today

4 Fofar's logoFofar (FOFAR) $0.00001482 3.13% 5.03 % -- $916,607
13.88BTC -- Today

5 Chambs's logoChambs (CHAMBS) -- -- -- -- -- -- Today

6 YBCoin's logoYBCoin (YBC) -- -- -- -- -- -- 1 Day Ago

7 WIF on ETH's logoWIF on ETH (WIF) $0.000438 8.62% 43.06 % -- $959,816
14.54BTC -- 1 Day Ago

8 Wellchain's logoWellchain (WELLCHAIN) -- -- -- -- -- -- 1 Day Ago

9 VAD Token's logoVAD Token (VAD) $0.0749 57.06% 49.80 % -- $154,736
2.34BTC -- 1 Day Ago

10 TAXEM 2 TOKENS 's logoTAXEM 2 TOKENS (TAX) -- -- -- -- -- -- 1 Day Ago

11 TAXEM 1 TOKENS's logoTAXEM 1 TOKENS (TAX) -- -- -- -- -- -- 1 Day Ago

12 Stage's logoStage (STAGE) -- -- -- -- -- -- 1 Day Ago

13 Shiba Armstrong's logoShiba Armstrong (SHIBA) $0.001535 3.30% 15.59 % -- $111,782
1.69BTC -- 1 Day Ago

14 PoolUp's logoPoolUp (PLUP) $0.00584 10.88% 5.80 % -- $181,081
2.74BTC -- 1 Day Ago

15 kith gil's logokith gil (GIL) $0.000425 1.84% 66.87 % -- $503,816
7.63BTC -- 1 Day Ago

16 Glyph's logoGlyph (G) -- -- -- -- -- -- 1 Day Ago

17 GameStop's logoGameStop (GME) $0.00000467 1.87% -- -- $6,006,563
90.97BTC -- 1 Day Ago

18 GameBuild's logoGameBuild (GAME) $0.006583 1.03% 13.28 % $102,800,884 $5,267,564
79.79BTC 15,616,114,935 GAME 1 Day Ago

19 FluidTokens's logoFluidTokens (FLDT) $0.1707 7.33% 4.21 % -- $92,345
1.4BTC -- 1 Day Ago

20 FANTOWN's logoFANTOWN (FANTOWN) -- -- -- -- -- -- 1 Day Ago

21 Dog wif pixels's logoDog wif pixels (DWP) $0.000234 7.50% 24.11 % -- $314,103
4.76BTC -- 1 Day Ago

22 Core Keeper's logoCore Keeper (COKE) -- -- -- -- -- -- 1 Day Ago

23 Betfin's logoBetfin (BET) $0.000467 0.25% 5.07 % -- $93,357
1.41BTC -- 1 Day Ago

24 BaseAlpha's logoBaseAlpha (BAA) -- -- -- -- -- -- 1 Day Ago

25 Artfi's logoArtfi (ARTFI) -- -- -- -- -- -- 1 Day Ago

26 AMC's logoAMC (AMC) $0.007506 3.97% 68.20 % -- $148,783
2.25BTC -- 1 Day Ago

27 Thetanuts Finance's logoThetanuts Finance (NUTS) -- -- -- -- -- -- 2 Days Ago

28 TG20's logoTG20 (TGRAM) $0.00001804 2.44% 19.68 % -- $221,078
3.35BTC -- 2 Days Ago

29 Solar's logoSolar (SOLAR) -- -- -- -- -- 30,000,000 SOLAR 2 Days Ago

30 SINSO V2 FILX Token's logoSINSO V2 FILX Token (FILX) $2.22 0.13% 1.77 % -- $233,703
3.54BTC -- 2 Days Ago

Rated, Home of the Industry’s Leading Network Explorer, Launches on Solana

Rated, Home of the Industry’s Leading Network Explorer, Launches on Solana

Rated monitors node and node operator performance and risk on Proof of Stake networks, where node operators and validators steward billions in value. Rated is pleased to introduce the Solana Network Explorer, offering a detailed, real-time overview of Solana’s network performance, allowing users to delve into the specifics of consensus data and validators that secure … Continued
The post Rated, Home of...

All Roads Lead to NFT Rome 2024: A Showcase of Digital Art and Web3 Innovation

All Roads Lead to NFT Rome 2024: A Showcase of Digital Art and Web3 Innovation

BeInCrypto is thrilled to announce its partnership with NFT Rome, the premier event dedicated to the exploration of digital art and Web3 innovations, set to take place on June 7-8, 2024, at La Lanterna in Rome. This event promises to gather the brightest minds in the Web3 economy, including sectors like gaming, arts, luxury, fashion, … Continued
The post All Roads Lead...

The Sandbox Vietnam Partners with AI.Society to Propel the Web3 Frontier and Enrich the Metaverse Experience

The Sandbox Vietnam Partners with AI.Society to Propel the Web3 Frontier and Enrich the Metaverse Experience

The Sandbox, a leading platform in the virtual world and blockchain-based metaverse, is excited to announce an exclusive partnership with AI.Society, an innovative AI platform that combines the metaverse and AI offering users customized digital experience where AI NPCs assist users in various services. This strategic alliance is set to redefine the boundaries of the … Continued
The post The Sandbox Vietnam...

Glassnode: A New Metric for Identifying Sellers Exhaustion across Multiple Timeframes

Glassnode: A New Metric for Identifying Sellers Exhaustion across Multiple Timeframes

Understanding Seller Exhaustion

Glassnode Insights, a crypto market analytics company, has developed a framework to assess seller exhaustion over multiple timeframes. The framework, based on Glassnode’s Breakdown Metrics allows for the isolation of specific points of unrealized losses and investor capitulation.

Long-term investors tend to be highly profitable during a bull market. The short-term holders are the main source of losses realized. They can also provide valuable information about inflection points when there is a sell-off.

The new framework is able to identify seller exhaustion in day traders and weekly-monthly investors. It uses both unrealized losses and realized losses to gauge the response of targeted investor classes to market downturns.

Setting up a framework for seller exhaustion

The framework was designed to identify the inflection point during corrections or consolidations that occur within a bullish trend. Seller Exhaustion can be defined as an oversold condition where the majority of sellers are likely to sell. This can be used to establish a local bottom.

The framework utilizes three metrics to determine the level of pressure that investors are under: MVRV ratio, which measures the unrealized profits or losses held by investors in the cohort, SOPR, which measures the average magnitudes of profit or losses locked in by cohort, and Realized Loss which is the USD denominated magnitude of loss locked in the cohort.

Weekly-Monthly and Daily Traders

Daily traders are the most active and sensitive group, responding almost instantly to all price changes. Weekly-Monthly traders are less sensitive to price than Day Traders, but also more likely experience volatility, as the spot price fluctuates near their cost basis.

The new metrics provide a comprehensive overview of the different cohorts. This allows for valuable insights into the market dynamics, and helps to identify periods of exhaustion of sellers.

Conclusions

On-chain data offers analysts and investors a high degree of transparency regarding the actions, incentives and positioning of different market participants. Glassnode's new breakdown metrics allow investors to isolate subsets, allowing them to pinpoint micro-capitulation points that are often associated with local market lows. This allows investors to better predict and understand market movements.


Disclaimer: This article is not intended to provide investment advice. The data provided is for educational and informational purposes only. You are responsible for making your own decisions about investing and should not base any investment decisions on this information.



Image Source: Shutterstock

. . .

Tags

New Crypto Listings Recently | Price 2024-05-15

New Crypto Listings Recently | Price 2024-05-15
4 SINSO V2 FILX Token's logoSINSO V2 FILX Token (FILX) $2.25 1.88% 1.35 % -- $281,699
4.59BTC -- 1 Day Ago

5 Roost V2's logoRoost V2 (ROOST) -- -- -- -- -- -- 1 Day Ago

6 Roaring Kitty's logoRoaring Kitty (KITTY) $0.0316 16.38% 2.74 % -- $10,461,654
170.38BTC -- 1 Day Ago

7 real fast's logoreal fast (SPEED) $0.009241 19.04% 19.88 % -- $1,835,996
29.9BTC -- 1 Day Ago

8 Promodex's logoPromodex (PROMO) -- -- -- -- -- -- 1 Day Ago

9 PigCoin Hero V2's logoPigCoin Hero V2 (PCH) -- -- -- -- -- -- 1 Day Ago

10 MBA Protocol's logoMBA Protocol (MBA) -- -- -- -- -- -- 1 Day Ago

11 Little Manyu's logoLittle Manyu (MANYU) $0.0000002161 8.12% 67.76 % -- $73,373
1.2BTC -- 1 Day Ago

12 KIP Protocol's logoKIP Protocol (KIP) -- -- -- -- -- -- 1 Day Ago

13 Juicybet's logoJuicybet (JSP) -- -- -- -- -- -- 1 Day Ago

14 Hybrid's logoHybrid (HYB) -- -- -- -- -- -- 1 Day Ago

15 Holograph's logoHolograph (HLG) -- -- -- -- -- -- 1 Day Ago

16 HIPPOP's logoHIPPOP (HIP) $0.0247 5.01% 33.00 % -- $101,849
1.66BTC -- 1 Day Ago

17 EhaQuest's logoEhaQuest (EHQ) $0.00162 35.20% 96.76 % -- $28,599
0.4658BTC -- 1 Day Ago

18 DCCAI's logoDCCAI (DCC) -- -- -- -- -- -- 1 Day Ago

19 CloudVerse's logoCloudVerse (CLOUD) -- -- -- -- -- -- 1 Day Ago

20 CARV's logoCARV (CARV) -- -- -- -- -- -- 1 Day Ago

21 BEBE's logoBEBE (BEBE) -- -- -- -- -- -- 1 Day Ago

22 Tokuda's logoTokuda (TKD) $0.00001358 3.55% 12.84 % $748,566 $23,956
0.3902BTC 55,122,690,000 TKD 2 Days Ago

23 SSGA's logoSSGA (SSGA) $0.000644 24.24% 99.98 % -- $9,821.12
0.16BTC -- 2 Days Ago

24 Solerium's logoSolerium (SOLE) $0.2576 0.43% 36.79 % -- $10,323
0.1681BTC -- 2 Days Ago

25 Roger's logoRoger (ROGER) $0.001164 16.96% 35.38 % -- $440,388
7.17BTC -- 2 Days Ago

26 Pinede's logoPinede (PNE) $0.002 0.00% 99.20 % -- $21,253
0.3462BTC -- 2 Days Ago

27 PEPE FLOKI's logo PEPE FLOKI (PEPEFLOKI) $0.0...0249 0.00% 16.26 % -- $235.68
0.0038BTC -- 2 Days Ago

28 PEPE FLOKI (BSC)'s logoPEPE FLOKI (BSC) (PEPEFLOKI) $0.0000000604 0.60% 5.32 % -- $3,568.25
0.0581BTC -- 2 Days Ago

29 Penomo's logoPenomo (PENOMO) -- -- -- -- -- -- 2 Days Ago

30 PEKA's logoPEKA (PEKA) $0.00000338 0.00% 28.24 % -- $49,865
0.8121BTC -- 2 Days Ago

Meet TON-Margined Trading at Storm Trade

Meet TON-Margined Trading at Storm Trade

Storm Trade is the first decentralised derivatives trading platform on Telegram, built on the TON blockchain and allowing trading with leverage up to x50. Keeping up with the times and providing all the best technologies to its users, Storm is releasing a major update – TON-Margin, which will change the way you trade! What is … Continued
The post Meet TON-Margined Trading...