More than 8% of all bitcoin moved in the last 7 days.

The last two times this happened?

1. March 2020 - $5,000 BTC

2. December 2018 - $3,500 BTC

This makes the latest drawdown one of the most significant on-chain events in bitcoin’s history.

(Copied from Joe Burnett on x, but posted nostr natively because some of you are whiny about screenshots 😂)