Currently 79% of all #Bitcoin supply is in a state of profit.

It has been steeply increasing since its 45% low in March after Black Thursday.

Historically, levels of 90% and higher have clearly marked pronounced BTC bull markets.

View live chart | @glassnode

The number of #USDT transfers to exchanges has skyrocketed – ATH according to our data.

Given that the inflow exchange volume did not significantly increase, this implies a large amount of small-sized Tether deposits.

Main destination is #Huobi.

View live chart | @glassnode