Bitcoin: Long/Short-term holder threshold data as seen on Glassnode Accumulation by long-term holders is bullish for the asset.
Bitcoin long-term holders have continued to accumulate BTC consistently in the last two months. Ethereum hovers around $3,100, struggles to make a comeback to resistance at $3,500. XRP sustains above $0.61 despite market-wide correction in crypto. Curve DAO token CRV makes headlines as whale pulls over 20 million tokens off exchanges in three days. Bitcoin , Ethereum , XRP updates Bitcoin hovers around $65,000 at the time of writing.
Early on Thursday, August 1, CRV extended gains by nearly 7%. The Moving Average Convergence Divergence indicator supports recent gains as the MACD line crosses above the signal line. Green histogram bars above the neutral line support the bullish thesis for the Curve DAO CRV token. Market updates Crypto data tracker Bubblemaps identified that a leading meme coin NEIRO allocated nearly 78% of tokens to insiders spread across 400 addresses.
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