STACKINGSATS4EVER
STACKINGSATS4EVER 2 minutes reading from Bitcoin

On-Chain Data Charting: We’re Accumulation’ on $BTC

⛓️These on-chain data chart are definitely showing that we're accumulation. BTC BITCOIN

Let me show you why⤵️

ETH BNB ATOM MLT ZCX MKR ETH WOO FTX XRP ENS LDO NEAR DOGE

The difference in volume flowing into exchanges and out of exchanges, i.e. the net flow of BTC into/out of exchanges. It's the second highest outflow since 2022, -10.5k BITCOIN

The 30d change of BTC supply held in exchange wallets. Yesterday the net position change was -60K BITCOIN.

The total transfer volume of BTC that were last active between 6m and 12m ago. The less active, the less people are trading BITCOIN which means the're accumulating HODL behaviour.

The total transfer volume of BTC that were last active between 1m and 3m ago. So also on shorter time frame we're seeing the same things as HTF. BITCOIN

This post is based on this twitter thread.

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