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Glassnode: Bitcoin Whales Still in Strong Accumulation Zone, Falling Wedge Indicates Potential Bullish Reversal
PANews reported on April 19, according to Cointelegraph, Glassnode data indicates that Bitcoin whales are still in a strong accumulation zone. Large holders possessing 100-1,000 or more Bitcoins (whales and sharks) are absorbing Bitcoin at the fastest rate in history, with the group's absorption now exceeding 300% of Bitcoin's annual issuance. Meanwhile, the amount of Bitcoin held on exchanges continues to decline, with the annual absorption rate dropping to -200%, indicating that investors prefer long-term holding or self-custody.
In addition, addresses holding more than 10,000 BTC have a trend accumulation score of approximately 0.7, suggesting a strong accumulation state. Technical analysis shows that Bitcoin has broken through a months-long descending wedge pattern. If the current trend continues, the price could surpass $100,000 in May, with $88,800 being the key resistance level to reversing the market structure. If it fails to breach, bulls may struggle to maintain strong momentum.
PANews reported on April 19, according to Cointelegraph, Glassnode data indicates that Bitcoin whales are still in a strong accumulation zone. Large holders possessing 100-1,000 or more Bitcoins (whales and sharks) are absorbing Bitcoin at the fastest rate in history, with the group's absorption now exceeding 300% of Bitcoin's annual issuance. Meanwhile, the amount of Bitcoin held on exchanges continues to decline, with the annual absorption rate dropping to -200%, indicating that investors prefer long-term holding or self-custody.
In addition, addresses holding more than 10,000 BTC have a trend accumulation score of approximately 0.7, suggesting a strong accumulation state. Technical analysis shows that Bitcoin has broken through a months-long descending wedge pattern. If the current trend continues, the price could surpass $100,000 in May, with $88,800 being the key resistance level to reversing the market structure. If it fails to breach, bulls may struggle to maintain strong momentum.
Bitcoin Mining Difficulty Increases by 1.42% to 123.23 T, Setting a New Historic High
According to a report by Jinse, data from CloverPool indicates that the Bitcoin network completed a new round of difficulty adjustment on April 19, 2025, at 17:13:37 (block height 893,088), increasing the difficulty by 1.42% to 123.23T, once again setting a new historical peak. The current average hash rate of the Bitcoin network has risen to 888.37 EH/s, with the next difficulty adjustment expected in approximately 13 days and 21 hours.
According to a report by Jinse, data from CloverPool indicates that the Bitcoin network completed a new round of difficulty adjustment on April 19, 2025, at 17:13:37 (block height 893,088), increasing the difficulty by 1.42% to 123.23T, once again setting a new historical peak. The current average hash rate of the Bitcoin network has risen to 888.37 EH/s, with the next difficulty adjustment expected in approximately 13 days and 21 hours.
Falcon Finance Stablecoin Protocol TVL Surpasses $134 Million
April 19 news, according to official data, the synthetic USD stablecoin protocol Falcon Finance, launched by DWF Labs, has reached a TVL of $134.5 million, with a current sUSDfAPY of 14.3%. Falcon Finance is backed by multiple assets and utilizes a hedging and farming system to enhance returns and stability.
April 19 news, according to official data, the synthetic USD stablecoin protocol Falcon Finance, launched by DWF Labs, has reached a TVL of $134.5 million, with a current sUSDfAPY of 14.3%. Falcon Finance is backed by multiple assets and utilizes a hedging and farming system to enhance returns and stability.
Data: Wallets holding between 10 and 10,000 BTC have accumulated over 53,600 BTC since March 22
Odaily reports, according to Santiment data, that the principal holders of Bitcoin are comprised of wallets holding between 10 and 10,000 BTC, currently making up 67.77% of the cryptocurrency's total supply. During the market fluctuations in April, these wallets continued to increase their holdings, accumulating over 53,600 BTC since March 22.
Odaily reports, according to Santiment data, that the principal holders of Bitcoin are comprised of wallets holding between 10 and 10,000 BTC, currently making up 67.77% of the cryptocurrency's total supply. During the market fluctuations in April, these wallets continued to increase their holdings, accumulating over 53,600 BTC since March 22.
Market News: Trump Plans Dinner for TRUMP Token Holders
PANews April 19th, according to market sources, Trump plans to hold a dinner for TRUMP token holders, and the Trump team is working on creating a webpage for this event.
PANews April 19th, according to market sources, Trump plans to hold a dinner for TRUMP token holders, and the Trump team is working on creating a webpage for this event.
A whale sold 2 million SPX in the past two days and still holds 7 million SPX
According to PANews on April 19, Onchain Lens monitoring shows that a whale sold 2 million SPX at a price of $0.427 over the past two days, obtaining 856,000 USDC. This whale still holds 7 million SPX, valued at $3.07 million.
According to PANews on April 19, Onchain Lens monitoring shows that a whale sold 2 million SPX at a price of $0.427 over the past two days, obtaining 856,000 USDC. This whale still holds 7 million SPX, valued at $3.07 million.
Elizabeth Warren: Trump's eventual action to remove Powell could undermine investors' confidence in the integrity of U.S. capital markets
Jinse reports that U.S. Senator Elizabeth Warren recently warned that if Trump ultimately takes action to dismiss Powell, it could undermine investors' confidence in the integrity of U.S. capital markets and trigger a financial collapse. Warren stated in an interview with CNBC: "Our economy is strong, and the world economy is strong, in large part because these important factors are not subject to political influence."
Jinse reports that U.S. Senator Elizabeth Warren recently warned that if Trump ultimately takes action to dismiss Powell, it could undermine investors' confidence in the integrity of U.S. capital markets and trigger a financial collapse. Warren stated in an interview with CNBC: "Our economy is strong, and the world economy is strong, in large part because these important factors are not subject to political influence."
Musk Unfollows U.S. Treasury Secretary Bessent on X
April 19 news, Musk unfollowed U.S. Treasury Secretary Scott Bessent on X earlier today. Previously, Musk publicly criticized White House Trade Advisor Peter Navarro on X and directly appealed to Trump to revoke the new tariffs, but it was unsuccessful. According to POLITICO, Trump has revealed to his inner circle that Musk will soon leave the Department of Government Efficiency (D.O.G.E.). Although Musk has denied this news, his wealth has shrunk by $134.7 billion so far this year.
April 19 news, Musk unfollowed U.S. Treasury Secretary Scott Bessent on X earlier today. Previously, Musk publicly criticized White House Trade Advisor Peter Navarro on X and directly appealed to Trump to revoke the new tariffs, but it was unsuccessful. According to POLITICO, Trump has revealed to his inner circle that Musk will soon leave the Department of Government Efficiency (D.O.G.E.). Although Musk has denied this news, his wealth has shrunk by $134.7 billion so far this year.
Over the past 24 hours, CEX Spot Inflow/Outflow List: ETH net inflow of $33.84 million, BTC net outflow of $162 million
Jinse reports, citing Coinglass data, that over the past 24 hours, the CEX crypto spot net inflow list is as follows: ETH net inflow of $33.84 million; USDC net inflow of $31.96 million; TRUMP net inflow of $9.59 million. On the outflow list: BTC net outflow of $162 million; SOL net outflow of $97.16 million; XRP net outflow of $17.71 million.
Jinse reports, citing Coinglass data, that over the past 24 hours, the CEX crypto spot net inflow list is as follows: ETH net inflow of $33.84 million; USDC net inflow of $31.96 million; TRUMP net inflow of $9.59 million. On the outflow list: BTC net outflow of $162 million; SOL net outflow of $97.16 million; XRP net outflow of $17.71 million.
Arbitrum Ecosystem Currency Market Protocol Dolomite to Launch TGE on April 24
According to ChainCatcher, the Arbitrum ecosystem currency market protocol Dolomite will conduct its DOLO Token Generation Event (TGE) on April 24. The total token supply is 1 billion, with approximately 361 million in circulation at the time of TGE (including locked veDOLO).
The platform will retrospectively airdrop 20% of the total token supply to users, with the airdrop snapshot date set for January 6, 2025. Additionally, 3% of the tokens will be allocated to Boyco deposit users.
According to ChainCatcher, the Arbitrum ecosystem currency market protocol Dolomite will conduct its DOLO Token Generation Event (TGE) on April 24. The total token supply is 1 billion, with approximately 361 million in circulation at the time of TGE (including locked veDOLO).
The platform will retrospectively airdrop 20% of the total token supply to users, with the airdrop snapshot date set for January 6, 2025. Additionally, 3% of the tokens will be allocated to Boyco deposit users.