cryptd.in

另类 LinkedIn 适合加密人才

Dormant Cardano Whales Suddenly Come Alive: Is A Turning Point Near?

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 邮寄, 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.

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 chart shared by Santiment that shows the trend in the Age Consumed for Cardano over the past month:

Cardano Age Consumed

As displayed in the above graph, the Cardano Age Consumed stayed at relatively low levels during May, but the price plunge in June has been accompanied by a few spikes in the indicator. Interestingly, the spikes only started halfway through the drawdown, meaning that they likely came as a reaction to the bearish action, rather than something that kicked off the decline itself.

These spikes naturally imply that some long-term holders have decided to become active again. This could reflect panic selling from resolute hands, or it may correspond to activity of some other kind; the exact intent is hard to gauge from the Age Consumed metric alone.

In the chart, Santiment has also attached the data of another indicator called the Mean Dollar Invested Age. This indicator calculates the age of the average dollar invested in the cryptocurrency.

As is visible in the graph, the Mean Dollar Invested Age rose steadily through May, implying that the market cap of Cardano was consistently getting older. As the recent spikes in the Age Consumed have appeared, however, the metric’s trajectory has been disturbed.

While there hasn’t been an outright reversal in course, the Mean Dollar Invested Age has still witnessed a slowdown in growth, indicating that the movement of dormant coins has been significant enough to have an impact.

A particularly strong pause in the indicator came alongside June 9th’s Age Consumed spike, which was the largest one on the Cardano network since April. “Historically, clusters of Age Consumed spikes paired with a pause (or downturn) in Mean Dollar Invested Age have often appeared around key market turning points,” explained the analytics firm.

ADA Price

At the time of writing, Cardano is trading around $0.16, down more than 26% over the past week.

Cardano Price Chart


评论

發佈留言

發佈留言必須填寫的電子郵件地址不會公開。 必填欄位標示為 *

最新信息

热门类别

搜索网站

热门故事

标签

#AlexeyPertsev (1) #BidenCryptoBan (1) #BidenElection (1) #BinanceVsCoinbase (1) #Bitcoin (448) #BitcoinETF (3) #itcoinFundamentals (1) # 比特币处理 (1) # 比特币价格 (5) # 比特币价格水平 (1) #BitcoinPump (1) #BitcoinReserve (1) #BitcoinSurge (1) #itcoinTop (1) #Bitfinex (1) #Bitwise (1) #BracebridgeCapital (1) #BRC20Tokens (1) #BTC 收购 (1) 1TP5 看涨预测 (1) #BullishSentiment (1) #C 中国矿业 (1) #CPIPreview (1) #CryptoAsset (2) #CryptoBattle (1) #CryptoBoom (1) #CryptoExpert (1) #CryptoInsights (1) #CryptoMania (1) #CryptoMarket (4) #CryptoPrediction (1) #CryptoPredictions (1) #CryptoRegulation (2) #CryptoTakeoff (1) #CryptoTiming (1) #CryptoTips (1) #CryptoTreasury (1) #CryptoUncertainty (1) #DerivativeJump (1) #Dogecoin (74) #ogecoinGains (1) #ogecoinVolume (1) #DutchCourt (2) #ECommerce (1) #El萨尔瓦多比特币 (1) #E以太坊 (73) #EthereumPain (1) #E以太坊价格 (1) #ExpertOpinion (1) #FedRateCut (1) #FiatCurrency (1) #F 财务影响 (1) #F 财务隐私 (1) #FirmShutdown (1) #FrozenAccounts (1) #IllicitFunds (1) #InflationData (1) #Investment (1) #InvestmentLoss (1) #JapaneseFirm (1) #L LegalAction (1) #L 法律影响 (1) #Legislation (1) #LightningNetwork (1) #M 市场分析 (3) #M 市场监测 (1) #M 市场预测 (1) #M 市场预测 (1) #M 市场投影 (1) #M 市场支持 (1) #M 市场波动性 (1) #M 婚姻 (1) #MemeCoin (5) #MemeCoins (2) #Miner 盈利能力 (1) #M 洗钱 (2) #MtGox (4) #朝鲜加密货币 (1) #诺沃格拉茨预测 (1) 1TP5价格里程碑 (1) #P 价格预测 (2) 1TP5价格问题 (1) #PriceSurge (1) #PrisonSentence (1) # 量化分析 (1) #R 监管压力 (1) #SECA Anti-Crypto (1) #ShibaInu (6) #SocialBuzz (1) #T 技术分析 (1) #Toncoin (3) #T 龙卷风现金 (3) #T 龙卷风现金发展项目 (1) #T 龙卷风现金开发者 (1) #UKCrypto (1) #UpsidePotential (1) #USCongress (1) #WyomingLand (1) #XRPPrice (1) #XRPupswing (1)

实用链接

我发现了一些有用的链接,希望与大家分享。