X’s head of product said Crypto Twitter’s reach problems are self-inflicted, blaming overposting rather than algorithmic suppression. CryptoQuant founder Ki Young Ju has criticized X for suppressing crypto-related posts while failing to rein in a surge of automated spam, arguing that the platform is punishing legitimate users instead of addressing the underlying bot problem. In a Sunday post on X, Ju pointed to a sharp spike in automated activity tied to the keyword “crypto,” citing data showing more than 7.7 million posts generated in a single day, an increase of over 1,200% compared with prior levels. According to Ju, the flood of low-quality content has triggered algorithmic crackdowns that also affect genuine crypto accounts. “As AI advances, bots are inevitable,” Ju wrote, adding that X’s inability to distinguish automated accounts from humans is the real issue. He also criticized the platform’s paid verification system, saying it has failed as a filtering tool and now allows bots to “pay to spam,” while...
Onchain data shows Bitcoin whale accumulation is overstated as exchange activity skews metrics, while long-term holders quietly turn bullish. Speculation that Bitcoin whales are engaged in a massive reaccumulation phase has been significantly overstated, suggesting the digital asset market structure has not materially changed, according to onchain data from CryptoQuant. The popular narrative that large holders are aggressively buying Bitcoin (BTC) is misleading, said Julio Moreno, head of research at CryptoQuant. Much of the publicly shared “whale accumulation” data is distorted by exchange-related activity rather than genuine investor behavior. Cryptocurrency exchanges routinely consolidate funds from many smaller wallets into fewer large ones for operational and regulatory reasons. This process artificially increases the number of wallets holding very large balances, leading onchain trackers to misclassify the activity as whale accumulation. Read more
The latest crypto downturn is hammering companies that built their business models around holding digital assets. The month-long slide in crypto prices hasn’t just hit major assets like Bitcoin (BTC) and Ether (ETH) — it’s also dealing heavy losses to digital asset treasury companies that built their business models around accumulating crypto on their balance sheets. That’s one of the key takeaways from a recent social media analysis by onchain data company CryptoQuant, which cited XRP-focused treasury company Evernorth as a prime example of the risks in this sector. Evernorth has reportedly seen unrealized losses of about $78 million on its XRP position, mere weeks after acquiring the asset. Read more
The latest crypto downturn is hammering companies that built their business models around holding digital assets. The month-long slide in crypto prices hasn’t just hit major assets like Bitcoin (BTC) and Ether (ETH) — it’s also dealing heavy losses to digital asset treasury companies that built their business models around accumulating crypto on their balance sheets. That’s one of the key takeaways from a recent social media analysis by onchain data company CryptoQuant, which cited XRP-focused treasury company Evernorth as a prime example of the risks in this sector. Evernorth has reportedly seen unrealized losses of about $78 million on its XRP position, mere weeks after acquiring the asset. Read more
The latest crypto downturn is hammering companies that built their business models around holding digital assets. The month-long slide in crypto prices hasn’t just hit major assets like Bitcoin (BTC) and Ether (ETH) — it’s also dealing heavy losses to digital asset treasury companies that built their business models around accumulating crypto on their balance sheets. That’s one of the key takeaways from a recent social media analysis by onchain data company CryptoQuant, which cited XRP-focused treasury company Evernorth as a prime example of the risks in this sector. Evernorth has reportedly seen unrealized losses of about $78 million on its XRP position, mere weeks after acquiring the asset. Read more