Julio Moreno

@jjcmoreno

Head of Research @CryptoQuant_com | Data-driven analysis of Bitcoin and digital assets.

  1. #1

    Most of the BTC stolen by the coldcard hackers sit on a few addresses. The top 5 attacker addresses by current BTC balance concentrate almost 83% of the confirmed stolen funds, or…

    Julio Moreno @jjcmoreno ·
    Most of the BTC stolen by the coldcard hackers sit on a few addresses. The top…
  2. #2

    If there's a silver lining to this whole Coldcard hack mess, it's that the awareness raised by so many people urging others to move their funds seems to be working. All on-chain m…

    Julio Moreno @jjcmoreno ·
    If there's a silver lining to this whole Coldcard hack mess, it's that the awar…
  3. #3

    The Bitcoin plebs had not move this amount of BTC in a day since the FTX collapse. 39.6K BTC transferred on July 31st after the coldcard hack, 39.9K BTC transferred on November 16…

    Julio Moreno @jjcmoreno ·
    The Bitcoin plebs had not move this amount of BTC in a day since the FTX collap…
  4. #4

    Seems people really moved their Bitcoin out of extreme caution after the coldcard hack. Bitcoin daily active addresses spiked from 645k on July 30th to almost 1M on July 31st, the…

    Julio Moreno @jjcmoreno ·
    Seems people really moved their Bitcoin out of extreme caution after the coldca…
  5. #5

    Daily exchange deposits of Bitcoin transfers < 10 BTC spiked yesterday to 7.3K BTC, the highest since February 6. Could be related to the coldcard hack, as people move their ho…

    Julio Moreno @jjcmoreno ·
    Daily exchange deposits of Bitcoin transfers < 10 BTC spiked yesterday to 7.…
  6. #6

    Capitulation is no where to be seen. Bitcoin holders just started to realized losses on a yearly basis, -136K Bitcoin. However, previous cycles bottomed at -1.3M and -3.7M Bitcoin…

    Julio Moreno @jjcmoreno ·
    Capitulation is no where to be seen. Bitcoin holders just started to realized l…
  7. #7

    Crypto exchange BitMEX announced today will shutdown. Bitcoin reserves already were at multi-year lows.

    Julio Moreno @jjcmoreno ·
    Crypto exchange BitMEX announced today will shutdown. Bitcoin reserves already…
  8. #8

    The motherland took it home.

    Julio Moreno @jjcmoreno ·
    The motherland took it home.
  9. #9

    Both speculative and spot demand are contracting at much less aggressive levels than last month. This and positive seasonal factors may support prices during July. Our latest repo…

    Julio Moreno @jjcmoreno ·
    Both speculative and spot demand are contracting at much less aggressive levels…
  10. #10

    US-based Bitcoin ETF holdings are now lower than at this same day last year. Overall Bitcoin demand continues to contract.

    Julio Moreno @jjcmoreno ·
    US-based Bitcoin ETF holdings are now lower than at this same day last year. Ov…
  11. #11

    The strategic priority for Strategy should be to pause Bitcoin purchases and rebuild the cash reserve. It should develop a systematic, fundamental-driven approach to Bitcoin purch…

    Julio Moreno @jjcmoreno ·
    The strategic priority for Strategy should be to pause Bitcoin purchases and re…
  12. #12

    Supporting Mexico from El Salvador.

    Julio Moreno @jjcmoreno ·
    Supporting Mexico from El Salvador.
  13. #13

    Some argue that Strategy's STRC falling below the $100 mark was primarily the result of leveraged positions being liquidated. While this may be true to some extent, we believe the…

    Julio Moreno @jjcmoreno ·
    Some argue that Strategy's STRC falling below the $100 mark was primarily the r…
  14. #14

    ETF's Bitcoin purchase growth is about to be zero. Bitcoin demand remains in contraction.

    Julio Moreno @jjcmoreno ·
    ETF's Bitcoin purchase growth is about to be zero. Bitcoin demand remains in co…
  15. #15

    Bitcoin demand is contracting at a pace comparable to the post-Terra/Luna collapse period. Overall Bitcoin demand (speculative + spot) is down by 501K BTC, the fastest monthly dec…

    Julio Moreno @jjcmoreno ·
    Bitcoin demand is contracting at a pace comparable to the post-Terra/Luna colla…
  16. #16

    Waiting for the Bitcoin bottom.

    Julio Moreno @jjcmoreno ·
    Waiting for the Bitcoin bottom.
  17. #17

    Overall demand for Bitcoin (speculative + spot) is contracting at a monthly pace of 232K Bitcoin. The ongoing price correction is completely related to Bitcoin demand conditions a…

    Julio Moreno @jjcmoreno ·
    Overall demand for Bitcoin (speculative + spot) is contracting at a monthly pac…
  18. #18

    CryptoQuant's Bull Score Index down to 10, extremely bearish territory.

    Julio Moreno @jjcmoreno ·
    CryptoQuant's Bull Score Index down to 10, extremely bearish territory.
  19. #19

    Traders' unrealized profits have returned to zero after the recent Bitcoin price correction. The traders' realized price, $73K, is a key support level to watch.

    Julio Moreno @jjcmoreno ·
    Traders' unrealized profits have returned to zero after the recent Bitcoin pric…
  20. #20

    People/analysts should pay more attention to the hard data that suggests where Bitcoin may move next, and less to models that supposedly tell you where it ought to be. From our re…

    Julio Moreno @jjcmoreno ·
    People/analysts should pay more attention to the hard data that suggests where…
  21. #21

    Yesterday at the Jorge "El Mágico" González stadium, championship match. CD FAS 3 - CD Águila 0.

    Julio Moreno @jjcmoreno ·
    视频封面
  22. #22

    Bitcoin spot demand is contracting at the fastest pace since January 10.

    Julio Moreno @jjcmoreno ·
    Bitcoin spot demand is contracting at the fastest pace since January 10.
  23. #23

    Bitcoin total demand entered into contraction yesterday, after growing since early March driven by speculative demand (perpetual futures). Speculative demand growth (blue bars) pe…

    Julio Moreno @jjcmoreno ·
    Bitcoin total demand entered into contraction yesterday, after growing since ea…
  24. #24

    A little bit of El Salvador. Iglesia El Rosario.

    Julio Moreno @jjcmoreno ·
    视频封面
  25. #25

    Bitcoin is up 36% from the 2026 low, watch out for the profit taking. Yesterday, Bitcoin holders realized the highest daily profit since December 10, equivalent to 14.6K BTC.

    Julio Moreno @jjcmoreno ·
    Bitcoin is up 36% from the 2026 low, watch out for the profit taking. Yesterday…
  26. #26

    Speculative rally: The recent Bitcoin price increase is completely driven by demand in the perpetual futures market. Meanwhile, spot demand is still contracting (although at a slo…

    Julio Moreno @jjcmoreno ·
    Speculative rally: The recent Bitcoin price increase is completely driven by de…
  27. #27

    First time in this bear market that the Bull Score Index enters neutral zone (50). In March 2022, the Bull Score entered neutral territory for about a week, and then the price res…

    Julio Moreno @jjcmoreno ·
    First time in this bear market that the Bull Score Index enters neutral zone (5…
  28. #28

    Bitcoin exchange inflows have spiked in the last few hours. Most of that went to Coinbase.

    Julio Moreno @jjcmoreno ·
    Bitcoin exchange inflows have spiked in the last few hours. Most of that went t…
  29. #29

    Borrow rates for USDT on AAVE spiked from 3% to 14%, the highest since December 2024, as liquidity dries up.

    Julio Moreno @jjcmoreno ·
    Borrow rates for USDT on AAVE spiked from 3% to 14%, the highest since December…
  30. #30

    Yesterday, Bitcoin experienced one of the highest levels of realized profit so far this year: $1.14 billion.

    Julio Moreno @jjcmoreno ·
    Yesterday, Bitcoin experienced one of the highest levels of realized profit so…