Brett Singer

Polled Claude, Perplexity, Grok, and Gemini on one question: What % of Americans will have jobs in the future? Not nearly as bearish as I expected.

Update on Glassnode signals: They continue to outperform. Despite the recent pump: • Top model is Short • All others are Out No chase. No FOMO. On-chain structure still leans defensive. The edge is patience. #Bitcoin #Crypto #OnChain

What caused the market to decline? 1. Whale Distribution: Large holders sold more than 180,000 BTC from late December through the end of January, adding meaningful supply to the market. 2. Derivatives Liquidations: Significant liquidations in derivatives markets injected additional liquidity into an environment already facing excess supply and weak demand ~ adding approx. 39,000 BTC to supply. 3. Options Market Sentiment: Options markets have reflected bearish near-term sentiment since August 2025, with downside positioning accelerating in early December. 4. New Investor Capitulation: The share of BTC held by new wallets declined sharply (from approximately 23% to 17% of total supply) indicating selling by newer participants without sufficient new entrants to absorb supply. 5. ETF Outflows: Roughly 82,000 BTC have exited spot BTC ETFs since November 2025, further contributing to net sell pressure.

@_CryptoArsenal @xrpscan @glassnode Sure. Let's have a call next week. I'll DM you some times for us to chat.

@Brett_Glassnode @xrpscan @glassnode I would really appreciate a conversation on this subject Brett. It is more important than you realise 🙏🏻

@Brett_Glassnode Hi Brett, is there any chance you can clarify the source of data used for Glassnode’s metrics for XRP? In particular, I am interested in the ‘Balances (TOTAL) - All exchanges’ chart. Thank you in advance.

Crypto Insights Group (CIG) reports that the average blockchain directional fund was down –16.9% last year, while BTC fell –6.5% and ETH –11.5%. That’s clear underperformance. Many strategies still rely primarily on price and market data, missing the context provided by on-chain fundamentals and derivatives signals. A few years ago, Glassnode published a set of model portfolios demonstrating how on-chain data can be applied systematically. Those models, by contrast, outperformed. Averaging roughly +1% on the year. Better data → better decisions. If you’d like to explore these models further, feel free to reach out.

New Beta Release: Glassnode on Snowflake We’ve just released a beta Snowflake environment at Glassnode designed specifically for quantitative teams that need scalable, high-performance access to blockchain data inside their existing analytics stack. This unlocks: - Native querying directly in Snowflake - Faster workflows for research, modeling, and backtesting - Easier collaboration across quant, data, and engineering teams - Enterprise-grade governance and security If this is relevant for your team and you’d like early access or more details, send me a message and I’m happy to connect. #snowflake #quant #crypto

365-day change in balances across crypto entities: Exchanges, ETFs, futures & options markets, and government wallets have each grown or declined by roughly $10–30B over the past year. That may sound substantial until you realize corporate treasuries have increased by approximately $100B over the same period. #BTC #glassnode #MSTR

@munchPRMR @glassnode @CryptoVizArt Happy to chat. Please DM me and we can get started.

@glassnode @CryptoVizArt Do u guys wanna dm me so I can ask you about API access

Bitcoin holdings by major holder type: • Public companies: ~1.07M BTC • Governments: ~0.62M BTC • U.S. spot ETFs: ~1.31M BTC • Exchanges: ~2.94M BTC In total, these entities hold ~5.94M BTC, or ~29.8% of the circulating supply, highlighting how liquidity is increasingly concentrated across institutions and custodians. 📈 glassno.de/497i7xD

Glassnode's Chart of the Week is out, with analysis from yours truly. Catch the full breakdown here: youtube.com/watch?v=H4K6l_…

BTC down 12% this month: Exchange inflows: 23k BTC (↓ pressure) Spot ETF outflows: 23.7k BTC (↓ pressure) Futures contraction: 1.4k BTC (↓ risk) Options expansion: 14.2k BTC (hedging) Corporate treasuries: 5.5k BTC (↑ pressure) #Bitcoin #OnChain #Glassnode

🎧 TUNE IN: AI trading bots are taking over. Are they money printers or just hype with hidden risks? Join Cointelegraph host @savannah_fortis with @glassnode’s Sales & Research Lead @Brett_Glassnode and @cindicator’s CFO & Partner @nkolmakhidze for this conversation.

@boognerc Not much different. Below are the current numbers: - 73% futures - 15% spot - 11% on-chain - 2% Options

@Brett_Glassnode What is now ser?

Fascinating to see how Ethereum’s trading landscape has evolved. In 2021, volumes were ~50/50 between CEXs and on-chain. Today, futures dominate, making up ~73% of daily ETH volume. Institutional activity has reshaped market dynamics, and Glassnode tracks it all in one view.

Equity investors have had dynamic Excel data for decades. 📊 Now it’s crypto’s turn. 🚀 With Glassnode’s Excel Add-In, you can pull on-chain + market data straight into your sheets. Dynamic. Customizable. API-powered. DM me to learn more. #Crypto #TradFi #OnChainData #Excel

CIG just dropped their #crypto fund outlook: directional fund index is -8.64% YTD, with some funds down -43%. Brutal. Meanwhile, 4 of 5 @glassnode onchain models outperformed. No tweaking, just a sound framework. If you're managing crypto & not using #onchain data... why not?

Crypto exchanges are expected to hold reserves that reflect trader demand on their platforms. But take a look at this pie chart of current exchange reserves. Is this the allocation you’d expect? I’m shocked by how small the SOL holdings are.

We may hitting ATHs in price, but not in profit-taking. 🟠 Realized Profits 🟠 AVIV Ratio 🟠 Value Days Destroyed …all remain well below peak levels. This suggests we’ve still got room to run in this BTC rally. 🚀 #BTC #Crypto #OnChainData #CryptoSentiment

SOL is seeing: - Larger realized profit declines vs BTC, ETH, XRP - Lower NUPL vs peers - Weaker annualized funding rates Yet usage remains strong & long-term holders are accumulating. Is SOL quietly building the base for its next leg higher? #OnChain #SOL #Crypto #Altcoins

@alpha_authority @CryptoVizArt @krakenfx These metrics account for aggregate holdings across positions. Kraken's highest risk level across the past two years is 40% which means they have very consistent business practices as shown by the little volatility. On the other hand, Bybit hit a risk level of 95% in March.

@Brett_Glassnode @CryptoVizArt @krakenfx Thanks for the clarification and link! Well if taken as a risk metric than I would never have expected Kraken to be at the same "order of magnitude" as Bybit, so this surely is a surprise. Do u take into calculation all the shitcoins on a weighed basis or just important coins?

Exchange Risk Scores (%): Gemini: 6% Binance: 7% Coinbase: 11% Kraken: 22% ByBit: 29% Huobi: 49% Crypto.com: 55% Historically, anything above 75% should be considered problematic. DM for details. #Crypto #ExchangeRisk #CEX #CexCrypto