Search results for XWIN Research
Crypto
ETH/BTC ratio hits highest in 10 weeks as Ethereum gains against Bitcoin
Ethereum has strengthened against Bitcoin, pushing the ETH/BTC ratio to its highest level in 10 weeks. The ratio broke above a downtrend resistance line that had held since August 2025 and is trading around 0.0310 above its 50-day and 100-day exponential moving averages. Analysts cited clearer U.S. SEC positioning on DeFi, continued corporate accumulation and mixed signals in the derivatives market, including diverging funding rates and open interest.
Crypto
Japan government bond yield surge tightens global liquidity, squeezing bitcoin rally
A rise in Japanese government bond yields is shrinking global liquidity and slowing bitcoin’s rebound, an analysis said. XWIN Research said a jump in Japanese rates is changing money flows and weighing on risk assets. It warned that higher yields could trigger large unrealised losses for Japanese financial institutions and prompt sales of risk assets or repatriation of overseas funds. The report also pointed to limited bitcoin inflows despite record stablecoin supply.
Crypto
Whales sell as institutions buy, raising questions over shifts in bitcoin holders
Bitcoin spent most of the first quarter of 2026 below $70,000, a sign not of a market collapse but of a shift in who holds it, an analysis said. XWIN Research cited a steady rise in an “exchange whale ratio,” often read as large holders moving coins to exchanges to sell. Listed firms were net buyers, with Strategy buying more than 88,000 BTC. Spot bitcoin ETF flows were mixed, with overall assets little changed.