David Duong🛡️
@Dav1dDuong
Head of Research @CoinbaseInsto Views are my own.
And listen to our latest @CoinbaseInsto podcast here: podcasts.apple.com/us/podcast/coi…
In our latest Weekly Market Call, we discussed the fundamental shift that’s shaking up ETH supply/demand dynamics. See more of the charts that matter most in Charting Crypto: Tailwinds Take Shape - coinbase.bynder.com/m/4b6e6b6d2688…
Market whiplash: ETH options 25D put-call skew (30 day) up a few points but still in negative territory in just a day as market players trim bullish call positions
Prescient chart from @paraficapital in our latest @CoinbaseInsto Charting Crypto report. Polymarket saw $1.16B in trading volumes in June, and they recently agreed to buy derivatives exchange and clearinghouse QCX for $112M, effectively re-entering the US market
Major shift from previous months when long ETH liquidations outpaced shorts: Short ETH liquidations in July MTD = $723M Long ETH liquidations in July MTD = $567M
ETH and SOL performance is being driven more by technicals than fundamentals at the moment, which explains the move over the last week. Still, Ethereum's share of onchain activity has been in decline since late 2Q24, while Solana currently owns 44% of all activity. Read more🧵👇…
TRUMP MEDIA AND TECHNOLOGY GROUP CORP. ANNOUNCES PURCHASE OF $2B BITCOIN globenewswire.com/news-release/2…
Corporate treasury vehicles have significantly increased their crypto holdings in 2025, adding over 825k ETH ($3.0B as of July 18) and 2.95M SOL ($531M) across 14 dedicated buying entities. We think corporate balance sheets will remain key drivers of demand in 2H25. See more 👇…
Our thesis for lows in 1H25 and new ATHs in 2H25 is playing out. Better lucky than smart ... thanks @RealVision and @AshBennington for having me on the show!
Bitcoin's MVRV is rising but still below prior blow-off peaks, suggesting potential for more upside: The MVRV z-score—i.e. converting MVRV into standard-deviation units—has risen, yet it sits below the peaks that marked the 2018, early-2021 and late-2021 tops. See more 👇…
This week we had @MerlinEgalite from Morpho join us on the @CoinbaseInsto podcast, talking about crypto backed loans and the latest DeFi trends - listen here: open.spotify.com/episode/670cDn…
Bitcoin's long-term holders still control ~85% of circulating BTC: their share continues to grind higher while exchange net flow remains negative. With fewer liquid coins available, each new dollar of demand pushes price higher, amplifying upside momentum. See our longer form…
🆕 Charting Crypto Q3: Tailwinds Take Shape from @CoinbaseInsto just landed. In this edition, we share why we think strong economic growth, corporate crypto adoption, and clearer regulations means more upside in the quarter ahead. Check out our chartbook for key trends:…
The GENIUS Act is officially law. Now let's get a market structure bill done ... CLARITY Act by end of September.
This is a stealth trend that few are tracking right now -- for every new BTC created by bitcoin miners, the spot bitcoin ETFs have bought more than twice that amount from the open market. Huge impact on supply.
As part of our Charting Crypto quarterly report, we ask several leading voices in crypto to contribute a chart that they believe is the most important crypto trend today. This quarter, @BitwiseInvest highlighted BTC scarcity and ETP inflows.