ChainCatcher Message, HODL15Capital report shows that on-chain activity has significantly increased since the launch of the Bitcoin spot ETF in the United States. Over 1.1 million bitcoins have been transferred to 'strong(er) hands' this year, including 9 new ETFs and participation from MicroStrategy. 📈

Meanwhile, Grayscale GBTC/BTC has sold a total of 373,787 bitcoins, and the German government has sold 50,000. ⛏️ In terms of mining output, a total of 209,683 bitcoins have been mined this year. Market dynamics are frequent, and investors need to stay alert. 🔍

This data provides us with deep insights into the market, but the specific impacts still require further observation. 📊