Apparently, the crypto universe just can’t decide if it’s thriving or just chilling out. On-chain data shows Bitcoin and Solana are hitting the brakes-like when you realize you shouldn’t have had that third donut-but Ethereum? Still sprinting like it’s got a Elon Musk-sized caffeine buzz. ☕🚀
Realized Cap Shows Ethereum & Bitcoin Playing Tug of War 🎯
So, there’s this fancy thing called the “Realized Cap” that basically tells you how much crypto money is actually sitting around, waiting for its next move. Think of it as your crypto portfolio’s mood ring-when it goes up, investors are feeling bullish; when it dips, maybe it’s time to hide under the desk. 🕵️♂️
Glassnode, the Sherlock Holmes of blockchain analytics, recently spilled the tea on how this cap has been changing for different coins. Spoiler alert: it’s a mixed bag, with some winners and some losers in the last month.
Here’s the chart that everyone is talking about-because nothing says excitement like a graph with numbers going up and down. (Yawn? Nope, just crypto things.)
Turns out, everyone’s throwing money into the market-at least for the last 30 days. Bitcoin, Ethereum, Solana, and the meme coins are all “favored”-for now. But wait for the plot twist.
Bitcoin and Solana have been slipping slightly lately-like when you glance at your bank account after a shopping spree. Their Realized Cap change shrank from about 6.7% to around 5.5%. Still positive, just not as wild as last week, which may or may not be the universe telling us to chill. 🎈
Meanwhile, Ethereum is like, “Hold my beer,” and keeps growing-its Realized Cap jumped from 5.3% to 6.4%. Looks like folks are rotating their crypto love from Bitcoin and Solana into ETH. Seems logical-fewer memecoins, more serious investor energy. 🤓
The meme coins, those legendary playground bullies of crypto, are totally flatlining-like they’ve lost their mojo. The analytics say this signals a “cooling risk appetite,” which is a fancy way of saying people are maybe not so excited anymore. 🥶
Oh, and in the latest episode of “Crypto Family Drama,” both the big whales and the tiny fish are stacking up Bitcoin like it’s going out of style. Glassnode’s chart shows their “Accumulation Trend Score” is basically close to 1-buying like there’s no tomorrow. Meanwhile, the small guys and the whales are both just creeping into Bitcoin additions. Looks like everyone’s trying to catch that knight-in-shining-armor moment. 🏰
Here’s the scene: the Bitcoin price is currently hanging around $115,100-down over 2% in the last week. Basically, Bitcoin’s mood is “meh,” but with a chance of rebounding like a spring-loaded bunny. 🐰
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2025-08-07 08:23