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#MarketSentimentToday Its just ridiculus)) This flip flow "experts" its one big joke! So 19 August Crypto quant Experts make a big onchain analytic Miners capitulate =) And uponly! Now after 3 days CryptoQuant Experts noted, OTC miners' balances jumped by 70%, signaling active sales. BTC volumes on these balances rose from 215,000 BTC in June to 368,000 BTC in August over three months. Crypto Quant analysts note that the last time this metric was at this level was June 2022. Historically, increases in Bitcoin OTC desk balances have been associated with declines in Bitcoin prices and correction =)!! One more reason why onchain analysis its can be just a random beauty stats! $BTC
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