As the market recovers from extended #bear markets, these new #STH buyers return to profit.
We have seen this explosion in #STH profit dominance, indicative of a large #proportion of the coin supply having been accumulated below the current price
We have seen this explosion in #STH profit dominance, indicative of a large #proportion of the coin supply having been accumulated below the current price
In previous bullish market phases and significant downturns, the market typically witnesses the deployment of approximately 250,000 to 500,000 #BTC worth of value.
In extended #bear markets, a comparable volume of #BTC is accumulated and held for a significant period until it transitions out of the #Hot Supply category, indicating that it has been acquired and held by long-term #HODLers.
In extended #bear markets, a comparable volume of #BTC is accumulated and held for a significant period until it transitions out of the #Hot Supply category, indicating that it has been acquired and held by long-term #HODLers.