- #bitcoin market currently shows extreme apathy and exhaustion, with historically low volatility and on-chain indicators hitting all-time lows.
- Digital asset #market trading in $29k-$30k range, displaying top-heavy nature with Short-Term Holder supply and cost basis concentrated around current spot price.
- Realized Cap metric indicates around $16B (+4.1%) flowed into Bitcoin Year-to-Date (YTD), suggesting a modest pace compared to previous uptrend.
- Short-Term Holder cohort's wealth increased by $22B, while Long-Term Holder cohort saw near-equivalent decrease of -$21B this year.
- Price volatility for BTC at historical lows causing changes in #investor spending behavior.
- Bitcoin supply categorized into Hot, Warm, and Single-Cycle Long-Term Holder supplies, each with different holding conviction and trading behavior.
- Bitcoin market likely to remain slow, choppy, and sideways due to apathy, exhaustion, and underwater investments of many holders.
- A significant crypto holder ("whale") sold 1.07 trillion PEPE tokens worth around $1.33 million.
- The sale occurred five hours ago, resulting in a loss of approximately $62,000.
- The whale initially bought the #PEPE tokens for 750 #ETH (about $1.39 million) six days ago.
- The tokens were sold for 250 ETH (around $457,000) and 876,000 USDC.
- The whale also acquired 11.26 million TOSHI tokens on the Base chain with a 294 ETH investment (about $53.8 thousand).
