Gate News message, April 17 — Glassnode’s RHODL ratio has reached 4.5, marking the third highest level in history. This metric measures market structure by comparing the wealth concentration of long-term holders (holding for 6 months to 3 years) versus short-term holders (holding for 1 day to 3 months).
Historically, the RHODL ratio peaked at 5 in 2015 and 7 in 2022, both corresponding to cycle lows. The current reading of 4.5 reflects a market environment where short-term speculators have been largely liquidated following a roughly 50% price correction over the past six months, with long-term holders now dominating market structure.
Bitcoin has rebounded approximately 25% from its February lows, and perpetual futures funding rates have turned negative. Against the backdrop of the S&P 500 reaching historic highs, analysts note that the conditions required to push the ratio higher would necessitate near-complete exhaustion of short-term demand.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Address Linked to Avi Eisenberg Shows New On-Chain Activity, Raising Security Concerns
Gate News message, April 26 — Blockchain analytics platform Arkham has identified renewed on-chain activity from an address believed to be connected to Avi Eisenberg, the attacker who profited approximately $110 million from the 2022 Mango Markets exploit. Eisenberg was previously sentenced to
GateNews1h ago
Shiba Inu Outflows Hit 86B as Exchange Supply Tightens
Key Insights
Shiba Inu recorded over 86 billion tokens flowing out in 24 hours, reducing exchange supply and signaling lower immediate selling pressure across trading platforms.
Declining exchange reserves and negative net flows indicate ongoing asset withdrawals, tightening liquidity
CryptoNewsLand1h ago
Shiba Inu Outflows Hit 86B as Exchange Supply Tightens
Shiba Inu shows net exchange outflows, shrinking liquidity and easing near-term selling, amid price consolidation and active but limited retail repositioning.
An on-chain view of Shiba Inu shows a large 86 billion token outflow from centralized exchanges and persistent negative net flows, reducing near-term selling pressure. Price action is in a tight consolidation above support as exchange reserves shrink and withdrawals rise, creating supply-tight conditions. Activity indicates active repositioning with limited retail participation, implying a market rotation rather than a structural shift. The setup could yield stronger price moves if demand returns.
CryptoNewsLand1h ago
Whale Deposits 300 BTC Worth $23.4M to CEX After 2-Year Dormancy
Gate News message, a whale has deposited 300 BTC (valued at $23.4 million) into a centralized exchange after remaining inactive for 2 years. These 300 BTC were originally withdrawn from CEX 3 years ago when BTC was priced at $19,329. The whale is currently holding an unrealized profit of $17.6 milli
GateNews5h ago
Litecoin Undergoes Deep Chain Reorganization After MWEB Privacy Layer Zero-Day Exploit
Gate News message, April 26 — Litecoin experienced a deep chain reorganization on Saturday (April 26) after attackers exploited a zero-day vulnerability in its MimbleWimble Extension Block (MWEB) privacy layer, according to the Litecoin Foundation. The reorg spanned blocks 3,095,930 to 3,095,943 and
GateNews7h ago
Unknown Address Withdraws 219,000 LINK Worth $2.08M from Major CEX
Gate News message, April 26 — According to Onchain Lens, an unknown address has withdrawn 219,000 LINK tokens, valued at approximately $2.08 million, from a major CEX.
The address currently holds 785,000 LINK, worth approximately $7.43 million.
GateNews7h ago