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Inflows to accumulation addresses have reached 56,700 BTC
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đđ€ $BTC #CryptoQuant : Could the Average BTC Spot ETF Cost (57K) Be the Most Crucial Support Level in the Bull Rally? - The price of Bitcoin managed to stay above this level throughout the year, with only two exceptions.
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đŠ $UNI Uniswap surpassed 20M active addresses in October, a 16x increase over the last year.
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đł $BTC 's whale transactions have spiked to their highest level in over 10 weeks, with 11,697 $100K+ transfers on the network Tuesday, and Wednesday on pace for a high mark as well. Additionally, conversations across social media have veered heavily toward BTC over altcoins, with crypto's top asset making up over a quarter of all discussions. Both of these signals are signs that the rally may be on hold due to key stakeholder profit taking and high crowd #FOMOFactor . However, with mid and long term metrics still looking bullish, any price correction would likely be a short one.
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