Tom Capsey, Author at Cryptonary

DeFi Forensics – Volume 1

Welcome to DeFi Forensics where we dive into the different base layers from Ethereum to Solana, Arbitrum and Avalanche to analyse where capital is flowing and...

18 May 2022

Tom Capsey

FED vs Crypto

Context & Pre-Russia/Ukraine War In beginning this report, I believe it is important to revert to November 2021, where the FED changed its stance to...

27 Mar 2022

Tom Capsey

On-Chain Forensics 49

TLDR: Bitcoin price has fallen approximately 22% over the past week, mostly due to LFG selling its Bitcoin holdings. The percent of Bitcoin supply spiked...

11 May 2022

Tom Capsey

On-Chain Forensics 48

TLDR: The Exchange Net Position Change shows considerable accumulation in both Bitcoin and Ether. The smallest wallet cohorts have been in the majority responsible for...

04 May 2022

Tom Capsey

On-Chain Forensics 47

TLDR There are a number of macro headwinds on the near-term horizon which may prove problematic to prices going forward. The Exchange Net Position Change...

27 Apr 2022

Tom Capsey

On-Chain Forensics 46

TL:DR Increasing geopolitical and macro headwinds may prevent significant buy-side demand and momentum from coming into the market. The Exchange Net Position Change shows increased...

20 Apr 2022

Tom Capsey

On-Chain Forensics 45

TL:DR The FED’s tightening cycle (interest rate hikes and a reduction of the Balance Sheet) has only just begun and will ramp up in the...

13 Apr 2022

Tom Capsey

On-Chain Forensics 44

TLDR: There has been heavy accumulation from the smaller wallets and the largest wallet cohort, but the largest wallets have begun to de-risk. Funding Rates...

06 Apr 2022

Tom Capsey

On-Chain Forensics 43

TLDR: The geopolitical headwinds look as if they may be beginning to wind down. This is positive for markets assuming there are no alarming changes....

30 Mar 2022

Tom Capsey