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At the peak of Bitcoin’s bull market in 2012, the value of the relevant on-chain indicator was 7.7%;
At the peak of Bitcoin’s bull market in 2016, the indicator value was 6.2%;
At the peak of Bitcoin’s bull market in 2019, the indicator value was 6.8%;
Currently, the indicator value on the chain has risen to 15.7%.
In the chart, the black line at the top represents the price of Bitcoin ($BTC); the yellow column chart at the bottom shows the total market value of long-term Bitcoin holders on the chain who are losing money as a percentage of the total market value of Bitcoin in circulation ( 7-day moving average), the calculation process excludes Bitcoins that have not had transaction activity on the chain for more than 7 years.
#BTC #ETH #USTC #etf #鸿儒战队
Contract Championship, join the Hongru team quickly
At the peak of Bitcoin’s bull market in 2016, the indicator value was 6.2%;
At the peak of Bitcoin’s bull market in 2019, the indicator value was 6.8%;
Currently, the indicator value on the chain has risen to 15.7%.
In the chart, the black line at the top represents the price of Bitcoin ($BTC); the yellow column chart at the bottom shows the total market value of long-term Bitcoin holders on the chain who are losing money as a percentage of the total market value of Bitcoin in circulation ( 7-day moving average), the calculation process excludes Bitcoins that have not had transaction activity on the chain for more than 7 years.
#BTC #ETH #USTC #etf #鸿儒战队
Contract Championship, join the Hongru team quickly
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
USTC
0.02139
+1.85%
Replies 0