That’s a pretty large amount to be removed in a day. 450 entered the circulating supply… bullish

Reply to this note

Please Login to reply.

Discussion

Compared to what was dropped on the market via Galaxy Digital recently (80,000 BTC) it is still small. The 80,000 BTC only moved the ticker down USD 4k. So 80,000 BTC IN from an inactive wallet and 23,000 OUT. Liquidity is still up.

This shows that the BTC market is maturing and will become even more resilient to these actions.