Futures
Access hundreds of perpetual contracts
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Launchpad
Be early to the next big token project
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
More
$BTC and $ETH Are Both Trading Below Accumulation Address Cost Basis
Accumulation addresses are wallets that relentlessly stack BTC or ETH and never sell. As of now:
Bitcoin Accumulation Address RP → $72.4K
Ethereum Accumulation Address RP → $2.5K
Both assets trading below their respective accumulation address cost basis tells us one thing: price is in cold water territory for both. Are we at the coldest point? That's impossible to say with certainty.
What is clear, however, is that if BTC and ETH can reclaim their accumulation address cost basis levels, price could start moving into warmer waters. These are two key resistance levels worth watching closely.
#BTC #ETH