The number of $ETH HODLERS continues to climb.

A new all-time high has been set in July of this year. A total of 35.85m addresses are holding 48.71m ETH (41.7% of the circulating supply) — link

We're seeing some interesting signals flashing on our #crypto data platform, including:

📌 #Bitcoin’s active addresses doubling in a week
📌 $BTC exchange supply hitting a 6-month low
📌 Spike in ‘whale’ balances at the midweek bottom

— link

11% of reserve managers say they expect #bitcoin to replace gold in their foreign currency reserves, according to an annual UBS survey of 30 leading central banks.

U.S. Senator Patrick Toomey has become the second official to publicly disclose their bitcoin investment exposure. This comes only a few weeks after Cynthia Lummis announced her position of actual bitcoin.

“Gold is limited and you have to look for it. Bitcoin is the most amazing mathematical miracle. I do not invest in Bitcoin, but I believe it’s here to stay.” - Apple co-founder, Steve Wozniak.

Bitcoin bulls

Bitcoin miners have been accumulating for over a month now.

Over $2.5 Billion worth of #bitcoin left exchanges today, likely sent to cold storage for security.

Khazakstan is allowing people to buy and sell Bitcoin with bank accounts — link

Largest Bitcoin net outflow from exchanges yesterday since 2016

Binance will no longer offer crypto derivatives trading to users in three European countries: Germany, Italy, and the Netherlands.

Binance has plans to shut its crypto derivatives products offerings across the European region in the future.

— link

Over 110K BTC withdrawn from exchanges in the last 24h.

𝙴𝚃𝙷 𝚜𝚌𝚊𝚛𝚌𝚒𝚝𝚢

▦▦▤▤▤▤▤▤▤▤▤▤ 𝟷𝟾%

🥩 𝚜𝚝𝚊𝚔𝚎𝚍 – 𝟷𝟹.𝟻𝙼 𝙴𝚃𝙷
🔒 𝚍𝚎𝚏𝚒 – 𝟻.𝟾𝙼 𝙴𝚃𝙷
🔥 𝚋𝚞𝚛𝚗 – 𝟸.𝟼𝙼 𝙴𝚃𝙷

Jump Crypto still adding ~$25-30m in ETH per week to this address.

>2 million ETH (!) now in total worth over $3.1 billion.

https://etherscan.io/address/0x0716a17fbaee714f1e6ab0f9d59edbc5f09815c0

The Ethereum Merge is scheduled to take place on 13 September. Christmas season is here again.

ETH holders will soon be airdropped ETH PoW tokens. What should you do to best position yourself?

Here are 7 steps you may consider to fully take advantage of the Merge:

👉 https://twitter.com/bobbyong/status/1566616585015422976

The European Central Bank raised interest rates by 75 bps, the largest single rate hike since monetary policy began in 1999. According to CME, the probability of the U.S. Fed raising interest rates by 50 bps by September is 16%, and the probability of 75 bps is 84%.