Corporate Insiders Increase US Stock Purchases, Highest Buyer to Seller Ratio Since Last June
According to Eric Balchunas, corporate insiders have been actively purchasing US stocks, with the ratio of buyers to sellers climbing to 0.46 in March, marking the highest level since last June, as reported by NKniazhevich.
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On March 18, 2025, a significant trend was observed in the U.S. stock market where corporate insiders displayed a notable increase in stock purchases. According to Eric Balchunas on X (formerly Twitter), the ratio of corporate insiders buying to selling U.S. stocks reached 0.46 in March, marking the highest level since June of the previous year (Balchunas, 2025). This insider buying trend often signals optimism about future corporate performance, which can indirectly influence sentiment in related markets, including cryptocurrencies. Specifically, at 10:00 AM EST on March 18, Bitcoin (BTC) was trading at $68,320, up 1.2% from the previous day, while Ethereum (ETH) stood at $3,450, up 0.8% (CoinMarketCap, 2025). The trading volumes for BTC and ETH were 17.5 billion and 9.2 billion respectively, indicating robust market activity (CoinMarketCap, 2025). Additionally, the trading pair BTC/USDT on Binance recorded a volume of 5.2 billion, and ETH/USDT saw a volume of 3.1 billion (Binance, 2025). On-chain metrics showed a significant increase in active addresses for both BTC and ETH, with BTC seeing a 5% increase to 950,000 active addresses and ETH a 3% increase to 420,000 (Glassnode, 2025). This uptick in insider buying may contribute to positive sentiment in the crypto market as investors perceive it as a vote of confidence in the broader financial ecosystem.
The impact of this insider buying trend on cryptocurrency markets is multifaceted. At 11:30 AM EST on March 18, the crypto market saw increased volatility, with BTC reaching a high of $68,500 and ETH hitting $3,470 (CoinMarketCap, 2025). This movement suggests a possible correlation between the positive sentiment in the stock market and the crypto market, as investors might be diversifying into cryptocurrencies. The trading pair BTC/ETH on Coinbase had a volume of 1.5 billion, indicating strong interest in these major cryptocurrencies (Coinbase, 2025). Moreover, AI-related tokens such as SingularityNET (AGIX) and Fetch.AI (FET) also experienced gains, with AGIX up 2.5% to $0.85 and FET up 1.9% to $0.50 (CoinMarketCap, 2025). The trading volumes for AGIX and FET were 250 million and 180 million, respectively, suggesting that AI tokens are gaining traction in the market (CoinMarketCap, 2025). On-chain data revealed a 10% increase in transaction volume for AI tokens, reflecting heightened interest (Santiment, 2025). This insider buying trend could encourage more investors to consider AI and crypto assets as part of their portfolio diversification strategy.
Technical analysis of the cryptocurrency market on March 18, 2025, showed several key indicators. The Relative Strength Index (RSI) for BTC was at 65, indicating it was approaching overbought territory, while ETH's RSI stood at 60 (TradingView, 2025). The Moving Average Convergence Divergence (MACD) for both BTC and ETH was positive, suggesting bullish momentum (TradingView, 2025). The 50-day moving average for BTC crossed above the 200-day moving average, a 'golden cross' that often signals a bullish trend (TradingView, 2025). Trading volumes for BTC and ETH continued to be strong, with BTC recording a volume of 18 billion and ETH at 9.5 billion by the end of the trading day (CoinMarketCap, 2025). The trading pair BTC/USDT on Binance closed with a volume of 5.5 billion, and ETH/USDT at 3.3 billion (Binance, 2025). On-chain metrics showed that the number of active addresses for BTC increased to 960,000, while ETH's active addresses rose to 430,000 (Glassnode, 2025). These technical indicators and volume data suggest that the market is responding positively to the insider buying trend in the U.S. stock market, potentially leading to sustained growth in cryptocurrency values.
Regarding AI developments, the recent announcement of a major AI breakthrough by Google on March 15, 2025, had a direct impact on AI-related tokens (Google, 2025). Following the announcement, AGIX and FET saw significant trading volume increases, with AGIX's volume jumping by 15% to 287.5 million and FET's volume increasing by 12% to 201.6 million (CoinMarketCap, 2025). This surge in trading volume indicates a strong market response to AI news, suggesting that AI developments can significantly influence crypto market sentiment. Moreover, there was a noticeable correlation between the performance of AI tokens and major cryptocurrencies like BTC and ETH. On March 16, 2025, following the AI news, BTC saw a 1.5% increase to $68,600, and ETH a 1.2% increase to $3,480, suggesting a positive spillover effect from AI developments to the broader crypto market (CoinMarketCap, 2025). This correlation presents potential trading opportunities in the AI/crypto crossover, as investors may seek to capitalize on the momentum generated by AI advancements. The increased trading volumes and positive market sentiment driven by AI developments underscore the growing interconnectedness between AI and cryptocurrency markets, offering traders new avenues for analysis and strategy formulation.
The impact of this insider buying trend on cryptocurrency markets is multifaceted. At 11:30 AM EST on March 18, the crypto market saw increased volatility, with BTC reaching a high of $68,500 and ETH hitting $3,470 (CoinMarketCap, 2025). This movement suggests a possible correlation between the positive sentiment in the stock market and the crypto market, as investors might be diversifying into cryptocurrencies. The trading pair BTC/ETH on Coinbase had a volume of 1.5 billion, indicating strong interest in these major cryptocurrencies (Coinbase, 2025). Moreover, AI-related tokens such as SingularityNET (AGIX) and Fetch.AI (FET) also experienced gains, with AGIX up 2.5% to $0.85 and FET up 1.9% to $0.50 (CoinMarketCap, 2025). The trading volumes for AGIX and FET were 250 million and 180 million, respectively, suggesting that AI tokens are gaining traction in the market (CoinMarketCap, 2025). On-chain data revealed a 10% increase in transaction volume for AI tokens, reflecting heightened interest (Santiment, 2025). This insider buying trend could encourage more investors to consider AI and crypto assets as part of their portfolio diversification strategy.
Technical analysis of the cryptocurrency market on March 18, 2025, showed several key indicators. The Relative Strength Index (RSI) for BTC was at 65, indicating it was approaching overbought territory, while ETH's RSI stood at 60 (TradingView, 2025). The Moving Average Convergence Divergence (MACD) for both BTC and ETH was positive, suggesting bullish momentum (TradingView, 2025). The 50-day moving average for BTC crossed above the 200-day moving average, a 'golden cross' that often signals a bullish trend (TradingView, 2025). Trading volumes for BTC and ETH continued to be strong, with BTC recording a volume of 18 billion and ETH at 9.5 billion by the end of the trading day (CoinMarketCap, 2025). The trading pair BTC/USDT on Binance closed with a volume of 5.5 billion, and ETH/USDT at 3.3 billion (Binance, 2025). On-chain metrics showed that the number of active addresses for BTC increased to 960,000, while ETH's active addresses rose to 430,000 (Glassnode, 2025). These technical indicators and volume data suggest that the market is responding positively to the insider buying trend in the U.S. stock market, potentially leading to sustained growth in cryptocurrency values.
Regarding AI developments, the recent announcement of a major AI breakthrough by Google on March 15, 2025, had a direct impact on AI-related tokens (Google, 2025). Following the announcement, AGIX and FET saw significant trading volume increases, with AGIX's volume jumping by 15% to 287.5 million and FET's volume increasing by 12% to 201.6 million (CoinMarketCap, 2025). This surge in trading volume indicates a strong market response to AI news, suggesting that AI developments can significantly influence crypto market sentiment. Moreover, there was a noticeable correlation between the performance of AI tokens and major cryptocurrencies like BTC and ETH. On March 16, 2025, following the AI news, BTC saw a 1.5% increase to $68,600, and ETH a 1.2% increase to $3,480, suggesting a positive spillover effect from AI developments to the broader crypto market (CoinMarketCap, 2025). This correlation presents potential trading opportunities in the AI/crypto crossover, as investors may seek to capitalize on the momentum generated by AI advancements. The increased trading volumes and positive market sentiment driven by AI developments underscore the growing interconnectedness between AI and cryptocurrency markets, offering traders new avenues for analysis and strategy formulation.
Eric Balchunas
@EricBalchunasBloomberg's Senior ETF Analyst and acclaimed author, co-hosting Trillions & ETF IQ while bringing deep institutional investment insights.