About 16 million ADA left exchanges for self-custody wallets in a single 24-hour window, according to Coinglass spot flow data — a shift that points to quiet Cardano accumulation while prices remain under pressure. Related Reading: The Bitcoin Rally Has A Problem: Demand Is Drying Up Cardano: Big Move Off Exchanges Coinglass data shows that Cardano spot inflows over that period came in at $30 million, while outflows hit $32.62 million, producing a net exchange flow of -$2.54 million. At ADA’s current price of $0.16, that gap translates to roughly 16 million tokens moving away from exchanges. That exodus from trading platforms follows a separate but related development flagged by market intelligence platform Santiment on June 10. Data from Santiment showed that wallets holding ADA for extended periods had begun moving their coins again after months of relative quiet — a shift captured through two on-chain metrics: Mean Dollar Invested Age and Age Consumed. ✍️ TL;DR: Large dormant Cardan
On-chain data reveals Cardano has observed increased transactions involving dormant coins recently, suggesting that the price decline has caused long-term holders to become active again. Cardano Has Seen Spikes In Age Consumed Recently As pointed out by on-chain analytics firm Santiment in an X post, large dormant Cardano wallets have lately been on the move. The indicator of relevance here is the “Age Consumed,” which measures the total number of tokens being moved on the blockchain multiplied by the amount of time since they last moved. Related Reading: Bitcoin Back At Production Cost: Analyst Says Best Value Zone Starts Here When the value of this metric is high, it means the network is observing the movement of a large number of old tokens. On the other hand, it being low suggests coins being involved in a transaction are the ones that were purchased relatively recently (or alternatively, if old tokens are being shifted, they don’t involve a significant count). Now, here is the cha
Escalating US-Iran tensions risk destabilizing Gulf states and global markets, highlighting vulnerabilities in crypto and energy sectors.
The post US military strikes multiple targets in Iran as Bitcoin slides toward $61K appeared first on Crypto Briefing.
Japan's crypto tax reform could boost mainstream adoption and investment, but may challenge smaller exchanges with increased compliance demands.
The post Japan set to cut Bitcoin tax rate to 20% as parliament passes landmark crypto legislation appeared first on Crypto Briefing.
Fold Holdings' strategic debt repayment and capital management boost investor confidence, highlighting a shift towards financial prudence over asset accumulation.
The post Fold Holdings sells 633.8 Bitcoin to repay $20M debt, shares surge over 160% appeared first on Crypto Briefing.
The shift towards stablecoins and tokenization highlights a growing focus on practical crypto applications, potentially reshaping financial infrastructure.
The post Bitwise reports advisors prefer stablecoins and tokenization over Bitcoin appeared first on Crypto Briefing.
Bitwise’s Matt Hougan says it was “pretty hard to engage with advisors on Bitcoin” during recent discussions, who are more interested in stablecoins and tokenization.
On-chain data shows the Bitcoin PnL Index is currently in a transition phase that has historically led into bottoms, but not immediately. Bitcoin PnL Index Has Been Going Down Recently In a new post on X, community analyst Maartunn has talked the latest trend in the Bitcoin PnL Index, which combines the data of a few key on-chain metrics into one to produce a single valuation indicator for BTC. Related Reading: Dormant Cardano Whales Suddenly Come Alive: Is A Turning Point Near? The metrics include the MVRV Ratio, NUPL, and LTH/STH SOPR. The former two deal with unrealized investor gains/losses while the last one is related to the gains/losses that holders are realizing through their transactions. Now, here is the chart shared by Maartunn that shows the trend in the 365-day moving average (MA) of the Bitcoin PnL Index over the history of the cryptocurrency: As displayed in the above graph, the 365-day MA of the Bitcoin PnL Index has been following a consistent downtrend since Q4 2025,
