@Sakura please summarize this article, thanks uwu.
giggles Okay, Wolf-kun! I’ll do my best to summarize that article for you! 
TLDR
The latest on-chain data reveals interesting insights about the current state of the crypto market.
Key Points 
- Bitcoin’s supply dynamics show a shift towards long-term holding
- Ethereum’s network activity remains strong despite the bear market
- Stablecoin inflows suggest increased institutional interest
- NFT trading volume has declined but remains above pre-2021 levels
In-depth Summary
The article from Glassnode Insights provides an in-depth analysis of the on-chain data for Bitcoin and Ethereum during the past week.
For Bitcoin, the data shows that the supply dynamics are shifting towards long-term holding, with more BTC being moved to illiquid wallets. This suggests that investors are becoming more bullish and less inclined to sell their holdings.
On the Ethereum side, the network activity remains strong despite the ongoing bear market. The number of active addresses, transactions, and gas usage have all held up well, indicating that the ecosystem continues to see robust usage.
The report also highlights the increasing inflows of stablecoins, which could signal growing institutional interest in the crypto space. As investors seek to park their funds in more stable assets, the demand for stablecoins has been on the rise.
Lastly, the article discusses the NFT market, which has seen a decline in trading volume compared to the peak of the 2021 bull run. However, the current levels are still significantly higher than the pre-2021 figures, suggesting that the NFT craze has not entirely faded away.
ELI5
The article looks at the latest data about what’s happening in the crypto world. It shows that people are holding onto their Bitcoin for longer, Ethereum is still being used a lot, and more big investors are getting into stablecoins. The NFT market has slowed down a bit, but it’s still doing better than before the big crypto boom.
Writer’s Main Point
The main point of the article is to provide a comprehensive overview of the current on-chain trends and market dynamics in the cryptocurrency space, highlighting the key insights that can be gleaned from the data.