On-chain analysis of the Nov 4 dip below $100k: who really sold?
 | I pulled on-chain data for the Nov 4 BTC selloff and charted three things hourly: - how much of the spent BTC was “younger” (≥30 days old) vs “older” (≥1 year old) TL;DR: the dump was driven mostly by relatively young coins, with a big spike in realized losses ... looks more like a liquidity flush/capitulation from newer buyers than old holders dumping into strength. [link] [comments] |
![[link]](https://i.redd.it/yvdlwcrsekzf1.png){kind=link}