bitcoin:native shares a very classic long-term macro on-chain indicator for Bitcoin: STH-RP to TMMP Ratio The ratio of the realized price to the real market average price for short-term holders This indicator clearly reflects the interplay between short-term market speculation and the fair value of the overall market. Current core data: -BTC current price and short-term costs: Currently, both values ​​are around 77.4K. This means that short-term investors who entered the market in recent months, The overall situation is at the break-even point. -Ratio trend: The current ratio is 0.8998, and the 7-day and 30-day moving averages are showing a fluctuating downward trend. On-chain data is clear. Short-term holders' cost basis is converging towards the true market average. The market as a whole is in a phase of deflating the bubble and clearing out speculative capital. Historically, when this ratio spikes, it usually corresponds to a period of market overheating. When this ratio falls below the 0.75 red line (the historical lows of 2015, 2018, and 2022), it indicates the establishment of an absolute bear market bottom. Currently, this ratio is at a relatively neutral to low level of around 0.9. And the trend is still downward. This indicates that the market's blind optimism has been effectively suppressed. The chips are undergoing a thorough turnover. At the break-even point where short-term holders find it unprofitable and even begin to feel anxious. It is often a crucial window for accumulating strength and choosing a direction. Be patient and watch for further crossovers of the cost line. #Onchaindata# #welinkBTC# bitcoin:native

If you're building an AI agent that needs onchain data like DEX activity, positions, governance, or protocol activity, the Subgraph Gateway now accepts x402 payments. One HTTP request. USDC on @base or Base Sepolia. No accounts, no keys. Docs:

We are thrilled to announce TownSquare 2.0 - a brand-new User Interface designed for optimized institutional & retail experience You can find - Sleek, efficient display of your most wanted features - New section including upcoming products: Yield Vaults, Lending Vaults, Voting etc. - Visualization of onchain data & your assets & more 🚀 Check out TownSquare 2.0 now👇

As the mitigation process continues, we want to provide clarity on an important point. We strongly advise against trading or acquiring USR at this time. Onchain data indicates that illicitly minted USR has mixed with pre-hack USR across many wallets and continues to change hands on secondary markets. USR created illicitly by the exploiter was never backed by collateral and carries no redemption rights. Any transactions at this time carry a risk of involving illicit tokens and add complexity to the recovery process. We are in the early stages of evaluating recovery options for affected holders and cannot make guarantees, but any relief that may ultimately be available could be limited by continued trading activity. We are working closely with affected protocols to develop a resolution plan and will share details when ready.

The market runs on narratives — and now, you can track them in real time. The X Mentions view is a game changer: blending social sentiment, Vibe Score, smart money activity, and influencer impact directly into onchain data.

An update on the rsETH incident involving @KelpDAO. To our Mantle community, ecosystem builders, and partners, following our initial statement earlier this week, we want to share where things stand, what has been confirmed, and how we are moving forward. 1. Mantle remains fully secure. Our underlying network, official bridges, and core assets have not been compromised. @LayerZero_Core has confirmed in its KelpDAO Incident Statement that the exploit was isolated entirely to KelpDAO's rsETH configuration, with zero contagion to any other asset or application. The attacker did not interact with Mantle contracts or Mantle markets at any point. The localized liquidity pressure observed in recent days reflects spillover from that third-party cross-chain vulnerability, not any issue with Mantle's infrastructure. The protective pauses outlined in our prior statement remain in place and will be lifted once our team and ecosystem partners confirm it is appropriate to do so. 2. The Mantle ecosystem is resilient. Since April 18, capital has been steadily flowing back into the Mantle ecosystem. Onchain data shows cumulative repayments across core USD assets have reached approximately $204 million within 48 hours. Liquidity conditions continue to normalize, and the strength of the recovery speaks to the depth and resilience of the Mantle community. 3. Mantle is standing together with our ecosystem. Mantle is in active coordination and communication with the @aave team and affected protocols on a coordinated recovery plan, including potential treasury participation. We will continue to share meaningful updates as the situation develops. Through moments like these, Web3's strength shows how we stand together. That's where we are, and where we'll remain. We stand firmly with our builders. Thank you for standing with us. Stay safe.