The events highlight the vulnerability of regional stability to geopolitical tensions, impacting both aviation safety and financial market volatility.
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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
Ethereum's wallet growth highlights its expanding utility in DeFi and dApps, but sentiment and price performance remain disconnected.
The post Ethereum nears 200M wallets, surpasses Bitcoin by 230% in holders appeared first on Crypto Briefing.
Middle East tensions are escalating again as military strikes continue and Iran closes the Strait of Hormuz, further pressuring already fragile crypto markets.
Bitcoin is showing renewed signs of on-chain capitulation, according to Axel Adler Jr.’s latest Adler AM Bitcoin Morning Brief, as realized capitalization contracts and loss-taking sales dominate market activity. The setup matters because two independent measures: Realized Cap Net Position 30D Change and adjusted SOPR are now pointing to the same stress regime. In the June 10 brief, Adler said Bitcoin’s Realized Cap has declined by roughly $12 billion from its mid-May peak, falling from about $1.087 trillion to $1.075 trillion. The 30-day percentage change in Realized Cap has dropped to -1.1%, marking the first time since mid-March that capital outflows have reached that level. “Capital is leaving the Bitcoin network, and participant behavior confirms a capitulation regime – sales are being made at a loss,” Adler wrote. “This brief examines how close the current stress is to the March extremes and what needs to happen for the regime to change.” Bitcoin Realized Cap Outflows Accelerate
Bitcoin is struggling below $62,000 as selling pressure and fear continue to define the market environment. The uncertainty is real — but top analyst Woominkyu has published an on-chain analysis that reveals what was actually happening during the most intense phase of the decline. And the picture it paints looks considerably different from the panic narrative that dominated market commentary at the time. Related Reading: XRP Leverage Flush Hits Bybit While Binance Holds The Line – Analyst Explains Rare Setup The on-chain data tells a story in two distinct acts. The first act was the trigger. On June 2 and 3, older dormant wallets moved massive supply to exchanges — the Inflow Coin Days Destroyed metric peaked at 2.16 million, reflecting coins that had been held for extended periods suddenly being moved toward the sell side simultaneously. That supply shock forced the price down from $71,000, creating the conditions for the breakdown that followed. The second act is where the data becom
BTC has transitioned out of the accumulation phase that drove its rally earlier this year and entered a distribution regime driven by ETF outflows and macroeconomic conditions.
