On-Chain Data

The current Crypto Fear and Greed Index shows an “Extreme Fear” state, and investors’ sentiment is cautious. Despite a weak market, on-chain data indicates potential bottoming signs, with whales holding the upper hand and retail investors pulling back. Bitcoin may be facing a buying opportunity as the market gradually builds momentum, setting the stage for future gains.

From 06:30 to 06:45 (UTC) on April 1, 2026, BTC in the short-term period gained a +0.50% return. The price fluctuated within the range of 68,808.1 to 69,224.2 USDT, with an amplitude of 0.60%. During this abnormal movement, market trading volume significantly increased, overall activity rose, and both on-chain and exchange liquidity were greatly enhanced. Although the volatility was limited, market attention was notably heightened. The main driving force behind this abnormal movement was: a large amount of whale funds began transferring to exchanges. The proportion of whale wallets transferring funds to exchanges sharply increased from 0.34 in January to 0.79 on March 28,

From 06:00 to 06:15 (UTC) on April 1, 2026, the ETH price rose 0.72% within the short term. The range fluctuated between 2122.69 and 2143.2 USDT, with an amplitude of 0.97%. Trading volume in the market also expanded in tandem, significantly higher than the average for the previous hour. Increased on-chain activity has drawn industry attention, and short-term volatility has clearly risen. The main driving force behind this anomaly is that the outflow rate of ETH Spot ETF funds has noticeably slowed. According to authoritative on-chain data, the related ETFs’ net outflow decreased from -210.19 ETH in the previous period to -120.45 ETH.

On-chain reports show that about 6.7 million bitcoins are stored in addresses that are vulnerable to quantum computing attacks, some of which belong to Satoshi Nakamoto. Google’s team warns that these bitcoins face a risk of their private keys being derived due to the use of early P2PK scripts. Experts emphasize that it is crucial to safeguard the security of these assets, and call for advances in quantum protection and the development of regulatory policies to address future threats.

San Francisco, CA, February 26th, 2026, Chainwire SolanaCDN delivers 3.8x faster shred propagation through a global mesh of 35,000+ nodes, provided as a public good for the Solana network Pipe Network today announced the launch of SolanaCDN, a free, open-source Solana validator client with an

The European Central Bank, in its latest DeFi report, used data from DeFiLlama for the first time, indicating that regulators are paying close attention to decentralized finance. The report sheds light on the problem of concentrated governance power, which is of great significance for policy-making. Improving DeFiLlama’s credibility can help promote cooperation between regulators and DeFi platforms. In the future, DeFi may face stricter compliance requirements, while also bringing governance challenges.

The LML token was attacked, suffering a loss of about $950,000, and its price is nearly zero. The attacker exploited a design flaw in the TWAP pricing mechanism to manipulate the price, using a series of trades to obtain large rewards and quickly cash out. This incident highlights the potential risks in DeFi protocol reward mechanism design, and also serves as a reminder for the industry to strengthen safeguards to prevent similar attacks from happening again.

Decentralized derivatives exchange platform EdgeX has recently sparked controversy over an airdrop of approximately $195 million worth of EDGE tokens, with 14% (about 141.6 million tokens) allocated to partners and liquidity providers, leaving only about 9.5% in actual circulation. The community has questioned the transparency and allocation fairness. EdgeX said that portion of the tokens is locked up and explained the allocation logic, but criticism has been intense.

2026-04-01 05:15 to 2026-04-01 05:30 (UTC), ETH quickly surged within the 2112.76 to 2136.0 USDT range; the 15-minute return reached +0.64%, with a range of 1.10%. Market attention clearly increased. On-chain trading activity refreshed a recent high, and volatility rose on the short term. The main driving force behind this move is a large net inflow of ETF funds. In the early hours of April 1, the daily net inflow into ETH-related ETFs was as high as $174 million, prompting institutions and off-chain capital to buy E in spot markets in sync

When a single address used 20x leverage to establish a WTI and Brent long position totaling $43.7 million in reverse in response to a pullback in oil prices triggered by the ceasefire news, it indicated a view that a ceasefire agreement would be difficult to achieve. As activity in the Hyperliquid platform derivatives market increased, Ripple Prime integrated it, attracting institutional investors and driving growth in HYPE demand.

On April 1, on-chain data analyst Yu Jin detected that an address suspected of manipulation, labeled as SIREN, spent 144,000 USDT to buy back 500,000 SIREN. About 15 days ago, the address had sold the same amount of tokens at $0.947 per token. After this low-price replenishment, the address’s book net profit is about 329,000 USDT. Currently, the address still holds about 645 million SIREN.

The cryptocurrency market is facing a cold wind: nearly half of Bitcoin has already fallen below its cost basis, and long-term investors have also begun to realize losses and sell. The Bitcoin Impact Index rose to 57.4, indicating that market pressure is intensifying; historically, similar situations have signaled that large-scale sell-offs are about to come. Short-term holders are down 47%, capital momentum has weakened, and stablecoin outflows have turned into net inflows in reverse.

Gate News message, April 1, Polygon co-founder Sandeep Nailwal said in a post on the X platform that Polygon’s stablecoin transaction count reached 159.9 million last week, setting a new all-time high. At the same time, key metrics such as Polygon on-chain stablecoin transaction volume and the number of active addresses also rose in parallel. In addition, Polygon PoS

Ethereum co-founder Vitalik Buterin recently sold Meme coins he was about to gift in exchange for 14.5 ETH, and converted 197,944 USDC into the Swiss franc stablecoin ZCHF. This move reflects his typical operating pattern targeting Meme coins and may also be a hedge against USD risk. Additionally, he also conducts private transfers through Railgun, supporting the development of financial privacy technologies.

On April 1, Arkham analyst Emmett Gallic disclosed that a cryptocurrency exchange has not yet repaid a BTC loan of 4,619 BTC, worth approximately $314 million, with an annual fee rate of 4%-8%, no fixed maturity date, and lenders able to demand repayment at any time. Historically, the exchange has borrowed more than 11,000 BTC and 133,000 ETH.

2026-04-01 03:00 to 2026-04-01 03:15 (UTC), BTC fluctuated in the 67,663.9 to 68,103.8 USDT range. The candlestick return rate recorded +0.49%, with an amplitude of 0.65%. During this period, market attention warmed up, with on-chain activity and trading volume increasing in tandem. Heightened short-term capital inflows and outflows triggered mild price fluctuations, and traders’ sentiment turned more cautious. The main driving force behind this unusual move was dominated by institutional fund flows, including whales and institutions making large transfers to exchanges and withdrawals within 10 minutes; meanwhile, whales also transferred large amounts to the exchange and moved funds out to other addresses, indicating active capital repositioning during this period.

2026-04-01 03:00 to 03:15 (UTC), the ETH price saw unusual movement, with a range return of +0.62%. The lowest point of the candlestick was 2088.43 USDT, and the highest point was 2106.93 USDT, with a swing of 0.89%. Against the backdrop of heightened volatility across crypto assets, ETH’s short-term trading activity was active, on-chain interest increased, and market attention rose significantly. The main driver behind this unusual move is that net inflows into U.S. spot ETFs have continued to be amplified. ETF net inflows in early April continued the strong momentum from late March, driving a significant increase in spot demand for ETH.

Google research shows that the number of qubits required to break Bitcoin could be lower than 500,000—far below expectations—which puts about 9.0 million BTC at potential risk. Quantum computers can intercept transactions within “9 minutes,” and especially after the Taproot upgrade, many wallets are exposed to attack risk. This serves as a reminder that the crypto industry needs to guard against quantum threats as soon as possible.

Bitcoin’s price is nearing the “buy zone” the market is watching, but the bottom signals have not fully formed yet. The current price is above the cost range, suggesting the market hasn’t undergone a major cleanup. The premium continues to narrow, reflecting that the bubble is being worked off. Although the market may face pressure in the short term, funds are positioning early, indicating optimism about future prospects.