On-Chain Data for the Last 12 Hours (69 blocks) Speaks Volumes
| The data for the last 12 hours (69 blocks) speaks volumes right now. PnL is the realized change in price for all combined UTXOs (almost half a million of them) from when they last moved. The 90-1y groups have been really active in the consolidation from the 80's the last couple months, but they all just went incredibly silent. 4yr+ group is also seeing almost no volume right now. Structurally, the on chain data is signaling this is a really strong move. Curious to see if this continues tomorrow. [link] [comments] |