ChainCatcher news, Santiment posted on X that in traceable wallets, there has been an average inflow of about 40 million USD in USDT to exchanges daily over the past 8 weeks. To drive this bull market rebound and many historic cryptocurrency surges, stablecoins will continue to flow in during the final stages of 2024.

ChainCatcher message, on-chain analysis platform Santiment's data shows that Ethereum whale wallets have reached an all-time high, with 104 whale wallets holding over 100,000 ETH, estimated to hold 57% of the existing total ETH supply.Meanwhile, the proportion of wallets holding between 10 and 100,000 ETH is at a historical low of 33.46%, while the supply proportion of wallets holding less than 100 ETH is only 9.19%, also marking the lowest level in nearly four years. This could be a long-term bullish signal, especially as whales continue to accumulate more ETH.Santiment states: "Although the second-largest market cap currency is increasingly composed of DeFi and staking wallets, it is still typically a bullish long-term signal when the key stakeholders of a currency continue to accumulate. Especially when it is an asset that has been around for 9 years, and the proportion of tokens held by large holders has reached an all-time high."

ChainCatcher news, Santiment posted on X: "Since January 8, 2018, XRP has risen to $2.49 for the first time, reaching a nearly 7-year high. Data shows that since November 9, wallets holding between 1 million and 10 million XRP have accumulated 679.1 million XRP (currently worth $1.66 billion) in just 3 weeks.Additionally, the total number of non-empty XRP wallets has surpassed 5.5 million for the first time in the token's over 8-year history."

ChainCatcher news, Santiment stated on the X platform that XRP has now broken through a 3-year high, reaching $1.2679 on Binance for the first time since November 11, 2021.This rebound is attributed to major whale wallets holding between 1 million and 100 million tokens. In just the past week, this group has accumulated a total of 453.3 million tokens (worth $526.3 million). Meanwhile, the tokens they accumulated mainly came from retail traders attempting to sell their tokens during a slight increase in XRP.Last week, wallets holding less than 1 million XRP sold a total of 75.7 million tokens (worth $8.79 million). Historically, when cryptocurrency traders increase their holdings and confidence, the market capitalization tends to show positive growth, while retail FUD further drives this growth. This is exactly the scenario presented by XRP.

ChainCatcher message, Santiment's post-analysis states that the current price of Ethereum is around $3120, finally showing signs of growth, maintaining its position as the second-largest cryptocurrency by market capitalization for the past eight years.Whale trading data indicates a significant increase in the activity of key stakeholders in Ethereum, and this activity has also helped ETH reach a recent 14-week high. Additionally, ETH trading volume has recently surged to $10.4 billion. It is expected that the growth during this Bitcoin bull market may redistribute profits back to Ethereum, potentially driving it to set a new all-time high, while its network activity appears to be very healthy.

ChainCatcher message, according to Santiment on X, as Bitcoin surged earlier this week and briefly jumped above $66,000, traders are looking for opportunities in the GameFi and Memecoin sectors. The discussion rates among these altcoin segments indicate a sustained rise in interest levels. Historically, this suggests that the crowd's sentiment towards the market is gradually becoming optimistic. Considering the market has risen for 5 consecutive weeks, a slight FOMO is expected to persist, leading to more speculative assets sparking increasing discussions until a pullback injects fear into the crowd's narrative again.

ChainCatcher message, the cryptocurrency market research firm Santiment posted on social media that Bitcoin reached $58,900 early this morning, marking the lowest point in three weeks. However, market data shows that traders view this decline as a buying opportunity, with the narrative turning bullish. Additionally, the U.S. CPI data met expectations, and the market still anticipates a 25 basis point rate cut in November.

ChainCatcher message, Santiment stated that the mentions of "October rally" have significantly decreased, indicating that traders' attitudes towards making profits in the market this month have become more pessimistic. The lack of optimism has opened the door for a short-term rebound (at least).

ChainCatcher news, according to Cointelegraph, cryptocurrency research company Santiment's market director Brian Quinlavin stated in a blog post that when five major "panic" words are frequently used on social media, it may indicate that the cryptocurrency market has bottomed out.These words are "FUD," "sell," "death," "crash," and "liquidation." Taking a "contrarian" approach to social media sentiment is often the right decision.

ChainCatcher message, Santiment published data on social media stating that after a 22% increase in Bitcoin price over the past 3 weeks, bullish sentiment has quickly replaced bearish sentiment, with traders expecting the price to reach $70,000 soon.If investors are waiting to see Bitcoin hit a new all-time high, they may need to wait until people lower their expectations. Currently, the number of bullish views significantly outweighs bearish views. However, historically, the market always moves in the opposite direction of crowd expectations.

ChainCatcher message, according to the latest data from the blockchain analysis platform Santiment, since Bitcoin reached its all-time high in March, the trading volume of Bitcoin whales has significantly decreased. Santiment noted in a post on X on September 11: "Since mid-August, whale trading activity in cryptocurrency has clearly declined." Since Bitcoin hit a high of $73,679 on March 13, the weekly trading volume of Bitcoin valued at $100,000 or more has decreased by 33.6%.Santiment emphasized that this is not a bearish signal, as whale holders remain active during market bull and bear cycles. With market sentiment still in a state of "fear," investors are waiting for the next buying or selling opportunity.

ChainCatcher news, Santiment posted on X that since mid-August, there has been a noticeable decline in crypto whale transactions.Bitcoin: The number of transfers over $100,000 has decreased by 33.6% since the peak in March/April;Ethereum: The number of transfers over $100,000 has decreased by 72.5% since the peak in March/April.Analysis states that this is not necessarily a bearish signal. Whales remain active in both bull and bear markets. However, it does indicate that during times of extreme greed or extreme fear, large key stakeholders continue to wait for the right moment to take the next step.Since Bitcoin reached its all-time high six months ago, reactions to medium-sized fluctuations have been very strong. According to sentiment patterns, a return of Bitcoin to $70,000 could be accompanied by a lot of FOMO, while a drop to $45,000 could lead to severe FUD.

ChainCatcher news, the crypto market analysis firm Santiment disclosed data on the X platform showing that Ethereum's network growth has reached its highest level in 4 months. The number of new wallets created reached 126,210, and the price is expected to rebound from $2,200 to $2,300.

ChainCatcher message, the crypto market analysis agency Santiment posted on social media, "As the S&P 500 index pauses for Labor Day in the United States, Bitcoin shows signs of recovery. The growth of cryptocurrencies independent of stocks indicates a strong crypto industry. Coupled with increasing bearish sentiment among traders and rising FUD, there are signs that a rebound is imminent."

ChainCatcher message, the crypto market analysis agency Santiment stated on social media, "As Bitcoin briefly fell below $50,000, it was accompanied by the largest weekly trading volume since November 2022 (approximately $99 billion to date).Due to the bullish sentiment among traders before this plunge, the average return rate of active BTC wallets over the past 30 days has dropped to its lowest point in 26 months."

ChainCatcher message, the crypto market analysis firm Santiment stated on social media that this decline is roughly comparable to the drop in early July based on the data, so there is no sentiment for bottom fishing (at least not yet). The $60,000 Bitcoin and $2,900 ETH will serve as key psychological levels, which may be enough to prompt traders to start bottom fishing.

ChainCatcher news, cryptocurrency intelligence platform Santiment points out that Bitcoin has risen by 20% in 3 weeks, making traders more bullish than at the beginning of the month. The weighted sentiment index for Bitcoin has reached its highest level since March 2023.The weighted sentiment index is an indicator that measures the number of mentions of Bitcoin on the X platform and compares the ratio of positive to negative comments.

ChainCatcher news, Santiment posted on X that after an astonishing rebound in Bitcoin and the entire cryptocurrency market over the past two weeks, bearish sentiment on social media has significantly decreased. As Bitcoin approaches $70,000 again, the voices that predicted an impending bear market in early July have largely disappeared.

ChainCatcher message, in the past month, the number of addresses with a Bitcoin balance greater than zero has decreased by 672,510.Santiment states: "Traders may believe that the historical high in March is the highest level that can be reached in 2024. But when we see such large-scale liquidations, the likelihood of a sustained rebound only increases."

ChainCatcher reported that the on-chain and off-chain metrics intelligence platform Santiment posted on the X platform that approximately 8 hours ago, an attack incident involving Donald Trump occurred, and the cryptocurrency market reacted immediately, with BTC rebounding to $60,300, reaching a nearly 10-day high.As the U.S. elections approach this fall, the cryptocurrency community is generally optimistic about news supporting Trump, especially due to his recent statements in favor of cryptocurrencies. Undoubtedly, surviving the attack is seen as supportive news for Trump, which has led to an optimistic reaction in the cryptocurrency market. It is important to note that any noteworthy news regarding the U.S. elections will likely trigger such market volatility reactions at least for the remainder of 2024, especially in a field like cryptocurrency that is always driven by speculation.