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🇩🇪🕵️ German government is active in transfers again, moving 500
$BTC
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🎢 $BTC reclaimed the average cost-basis of short-term holders. This is usually a very bullish sign.
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📊 $BTC has seen its biggest correction since the FTX crash in 2022, but it remains in control compared to previous bull periods.
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📈🤔 $BTC #Santiment : Bitcoin's amount of holders (any wallets with >0 coins) have been dropping aggressively as traders still seem to believe the March ATH was as good as it's going to get in 2024. When we see mass liquidations like this, the probability of a continued rebound only increases.
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📈👀 The number of addresses containing $ETH has increased by 14% since the beginning of July Investors are waiting the official release of #ETF's that can support future growth.
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🐳 $BTC #Glassnode : More recently, institutional grade custodians, and ETFs have entered the picture. The suite of 11 new US spot ETFs have now accrued a combined +887K BTC, making their combined balance the second largest Bitcoin pool in the world.
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