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 😂)
If this data includes the coinbase internal rotation of 800,000 btc, it accounts for half of that volume?
Please Login to reply.
No replies yet.
