The Week On-chain: BTC Exchange Balance Deep Dive - Binance, FTX - Week 10 2022 (Onchain Analysis)

The Bitcoin market is in a delicate equilibrium, with limited incoming demand, alongside a slowing sell-side. In this edition, we analyse exchange flows specifically to assess the characteristics of Bitcoin sales.

Topics for Discussion:
- Bitcoin market enters a delicate equilibrium balance.
- Deep dive into exchange inflows and balances.
- The market share growth of Binance and FTX.
- Statistical signals of bottom formation.

Written Newsletter: https://glassno.de/3CjowEd
Live Dashboard: https://glassno.de/3KtH7QP

Follow us and reach out on Twitter:   / glassnode  
Join our Telegram channel: https://t.me/glassnode
For on-chain metrics and charts, visit Glassnode Studio: https://glassno.de/3oRNXaf
Join the discussion on Glassnode Forum: https://glassno.de/3y1lCl5

Timestamps
0:00 Introduction
2:50 Price Action
5:10 Exchange Balance and Net-flows
6:10 Short-Term Holder Profit/Loss to Exchanges
9:34 Long-Term Holder Profit/Loss to Exchanges
11:30 On-chain Realized Prices
14:10 FTX and Binance Exchanges
15:40 Exchanges in Net Inflows
1645 Exchanges with Net Outflows
18:00 Workbench Tutorial: FTX Exchange Growth
22:20 Summary and Conclusions

About:
The Glassnode video report provides a weekly analysis update of the trends, performance, and onchain metrics for Bitcoin and the crypto market.

Disclaimer:
This report does not provide any investment advice. All data is provided for information purposes only. No investment decision shall be based on the information provided here and you are solely responsible for your own investment decisions.