Aug 27
🤑 The Tether network quietly hit a 5-month high in new wallet creation, exceeding 31.3K wallets in a single day. Multi Collateral Dai has also seen rising network growth.
💸 Since these new wallets are being created after a market recovery, and without any notable declined in Bitcoin or Ethereum wallets, this may very well be a sign that new money is being injected into crypto on increasing trader confidence.
Jul 2
🐳 Bitcoin's key stakeholders project a long-term bullish picture, as 10+ coin wallets have now accumulated an all-time high 16.17M BTC.
Ideally, we see buying power (dry powder) increase from Tether and USD Coin holders to really open the floodgates for crypto's next bull run.
May 23
💸 Concerned about another #crypto market retrace? You may be comforted by the fact that the amount of non-empty #stablecoin wallets are rising. In 2024, the amount of #USDCoin non-empty wallets has grown by +13.9%, and #Tether wallets have grown +15.7%.
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May 16
May 3
Sorted by greatest growth in the past 6 months, here is the net change of non-empty wallets among top market caps in #crypto (apologies to #BinanceCoin and #Solana, not pictured in this study):
#Toncoin $TON 16.8K wallets (+110% growth)
#Dogecoin $DOGE 6.6M wallets (+27% growth)
#Tether $USDT 5.7M wallets (+23% growth)
#USDCoin $USDC 2.1M wallets (+16% growth)
#Ethereum $ETH 120.7M wallets (+11% growth)
#Bitcoin $BTC 53.9M wallets (+10% growth)
#XRPLedger $XRP 5.2M wallets (+7% growth)
#Chainlink $LINK 727K wallets (+6% growth)
#Cardano $ADA 4.5M wallets (+0% growth)
Track how each network continues to grow any time with this link.
Grab a free Sanbase PRO trial to see these metrics, and hundreds of others, in real time here!
Apr 22
Apr 17
The crowd's fear heading into the #halving may be just what we've needed to signal a recovery. With #FUD showing in #Bitcoin and #Ethereum, there is a solid chance this past weekend was the #bottom for #cryptocurrency markets. Enjoy our latest video as we look at many of Santiment's top metrics!
Apr 2
The supply of #stablecoins appear to have been rapidly accumulated by large wallets over the past 3 weeks. Wallets holding at least $5M in #crypto have added a collective 5.09% of the combined supplies of $USDT, $USDC, $BUSD, $DAI, $TUSD, and $USDP.
Mar 26
What is in store for #crypto after whales had one of the largest days of #Bitcoin accumulation ever? We had a wonderful chat with market analyst, Hashoshi, to discuss. Enjoy the show here as we discuss the #onchain & social picture, as it stands!