Current on-chain sentiment for #Bitcoin is similar to October 2021 (on a smaller price scale).

Estimated Leverage Ratio Highest since December 2021 (USD-margined BTC Futures) chart cryptoquant.com/quicktake/643d… via CryptoQuant.com

Peak in Whale Spot Exchange Inflow Ratio cryptoquant.com/quicktake/643d… via CryptoQuant.com

Whale's share of BTC Inflow on spot exchanges peaking. cryptoquant.com/insights/quick… via CryptoQuant.com

Estimated leverage ratio for USD margined BTC Futures at late 2021 level.

Update of Bitcoin vs Global M2 YOY. #Bitcoin

Increase in BTC Spot Exchange Reserve chart cryptoquant.com/quicktake/648d… via CryptoQuant.com

Bearish On-chain Sentiment chart cryptoquant.com/quicktake/648c… via CryptoQuant.com

Estimated Leverage Ratio Remains High chart cryptoquant.com/quicktake/648c… via CryptoQuant.com

Selling Pressure Decreasing cryptoquant.com/quicktake/64b4… via CryptoQuant.com

High Leverage + Negative Funding chart cryptoquant.com/quicktake/64b4… -Negative-Funding via CryptoQuant.com

Huobi Global Solvency Risk - is this the next FTX? cryptoquant.com/quicktake/64dc… via CryptoQuant.com

BTC Estimated Leverage Ratio Cooling Off chart cryptoquant.com/insights/quick… via CryptoQuant.com

Bitcoin: More Derivative Cool Down Needed chart cryptoquant.com/quicktake/652d… via CryptoQuant.com

Bitcoin exchange whale ratio for spot exchanges just closed at a peak on Oct. 14th. This tends to lead to short-term market corrections. Bitcoin: Higher Whale Deposits chart cryptoquant.com/quicktake/652d… via CryptoQuant.com

Cash-margined BTC futures over-leveraged. More stablecoin deposits are needed to fuel this market upwards. The funding rate has been the highest since late 2021 with CME open interest surging. Reminds me of late 2021 conditions. cryptoquant.com/quicktake/6555… via CryptoQuant.com

Huobi Global's Bitcoin Reserve Decline chart cryptoquant.com/insights/quick… via CryptoQuant.com

Bitcoin: Surge in Miner Selling Pressure chart cryptoquant.com/quicktake/65a6… via CryptoQuant.com

Bitcoin: Short-term SOPR and aSOPR at Support via CryptoQuant.com cryptoquant.com/insights/quick…

Bitcoin: Surge in Stablecoin Deposits via CryptoQuant.com cryptoquant.com/quicktake/664b…