Large holder deposits have hit exchanges and realized losses are climbing, according to CryptoQuant and Glassnode, indicating the market’s rally is being built on thin liquidity.

bitcoinBitcoin
$ 86,182.00
$ 86,182.00
1.04%
ethereumEthereum
$ 2,717.57
$ 2,717.57
0.66%
tetherTether
$ 0.999744
$ 0.999744
0.01%
xrpXRP
$ 1.52
$ 1.52
1.32%
bnbBNB
$ 790.77
$ 790.77
0.29%
usd-coinUSDC
$ 0.999839
$ 0.999839
0.01%

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bitcoin
Bitcoin (BTC) $ 86,182.00
ethereum
Ethereum (ETH) $ 2,717.57
tether
Tether (USDT) $ 0.999744
xrp
XRP (XRP) $ 1.52
bnb
BNB (BNB) $ 790.77
staked-ether
Lido Staked Ether (STETH) $ 2,265.05
usd-coin
USDC (USDC) $ 0.999839