Analyst: Currently, the 30-day percentile of the Realized Profit/Loss Ratio stands at 80%.
This metric indicates that the ratio of coins in profit to those at a loss is significantly higher than usual, with the majority of BTC holders currently in profit.
Since we havenβt yet reached the extreme zone of 90-100%, there is still room for further growth before coins start being actively sold.
This metric indicates that the ratio of coins in profit to those at a loss is significantly higher than usual, with the majority of BTC holders currently in profit.
Since we havenβt yet reached the extreme zone of 90-100%, there is still room for further growth before coins start being actively sold.
HISTORY: π In 2009 Hal Finney predicted $10M per #Bitcoin π₯
He divided the world's wealth by 20 million (assuming satoshi's coins would never move).
He divided the world's wealth by 20 million (assuming satoshi's coins would never move).
πΊπΈ Spot Ethereum ETFs in the U.S. have experienced a significant outflow, losing $92.2 million over five days, marking their longest streak of outflows since their July 23 launch.
In contrast, Bitcoin ETFs have continued to attract investments, maintaining a positive net flow despite large outflows from the Grayscale Bitcoin Trust.
In contrast, Bitcoin ETFs have continued to attract investments, maintaining a positive net flow despite large outflows from the Grayscale Bitcoin Trust.
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π¨ Arthur Hayes on BTC Correction
π Bitcoin Dipped to $80K, Now at $82K β More Downside Ahead?
π€"An ugly start to the week..." β Arthur Hayes warns that Bitcoin could retest $78K, and if it fails, $75K is next.
With a large options open interest (OI) between $70K-$75K, a drop into this range could trigger high volatility. Buckle up! π’
π± Learn Crypto π° | Tipsπ
π Bitcoin Dipped to $80K, Now at $82K β More Downside Ahead?
π€"An ugly start to the week..." β Arthur Hayes warns that Bitcoin could retest $78K, and if it fails, $75K is next.
With a large options open interest (OI) between $70K-$75K, a drop into this range could trigger high volatility. Buckle up! π’
π± Learn Crypto π° | Tipsπ
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JUST IN: π«π· The Blockchain Group is up +1,100% over 6 months since the launch of the #Bitcoin treasury strategy.