55% of all bitcoin is held in self-custody.
That’s 59% of all mined bitcoin.
These people are not selling the dip.
They’re buying. Are you?
“These people are not selling the dip.”
Big assumption.
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The UTXOs directionally indicate it's largely newcomers selling.
That's still a bit assumption...
If old-timers are selling coins they could easily be selling from newer, hotter, wallets first.
