Coinstack
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All things Ethereum, Bitcoin, DeFi, Blockchain, Crypto, and Web 3.0. With analysis of the macro trends and technological innovation as we build the future of money.
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Bitcoin Whales Buy at $38K As BTC Supply per Whale Hits 10-Year High
Aave’s TVL has grown >6x since 2021 across Avalanche, Polygon, and Ethereum.
Short-term holder MVRV (Market Value/Realised Value) signaling a possible bottom for BTC.
The Fear & Greed Index for Ethereum reaches neutral as ETH’s price crosses $3.1k today.
More than $25B of assets has gone into Ethereum bridges in the last year.
BTC showing support with 12% of supply now sitting between the $36.2k and $41.2k price range.
The Mayer Multiple calculates the ratio between price and the 200-day moving average.

The Mayer Multiple traded below 0.8 this week, representing a 20%+ discount relative to the 200-day moving average signaling a potential bottom for the crypto market.
NFT activity accounted for over 40% of ETH being burnt in the last month
US crypto lobbying expenditure doubles in 2021
Maker DAO remains as the most popular DeFi lending platform
Arweave, NEAR, and ENS have seen the largest uptick in fees/yield generated in the last 7 days.
For the first time in over a month, all crypto sectors have finished with double digit positive returns.
Land prices in both Sandbox and Decentraland have risen considerably since Facebook’s Meta rebrand announcement on Oct 28th.

Sandbox land prices increased ~445% between October 2021 and January 2022.
Here is a must read updated report on Ethereum from SquidChaos:

https://squish.substack.com/p/the-triple-halving-where-we-stand
FRAX stablecoin supply has seen 5.6x growth and a 50% average MoM growth rate over the last 6 months.
TVL in the DeFi space increased from $18B to $250B in 2021
Polygon sees the highest net staking inflows with a 4.6% increase in the past week compared to other chains.
Ethereum total revenue has been over $14.7 million for 180 days in a row.