🚀 Voila! Again, another day, another crypto magic! This time, let's talk about Realized Cap, a fundamental metric that we are told helps track the "total liquidity" in US dollars "stored" in the Bitcoin asset class. How exciting! 🙄
It's actually quite simple: the current Realized Cap is an impressive new ATH of $540 billion! Wow, you never know where such financial fun awaits you! 🎉
And what do we have there? Growing at an unheard of rate, exceeding US$79 billion per month. Wow, how impressive! This rate seems to exceed even the rate at which gossip spreads in high school! 🏃♂️💨
So let's all brand ourselves a part of this wonderful world of cryptocurrencies and be amazed at how much money can be "stored" in Bitcoin. Who knows, maybe we too can find a couple of billions that have been “kept” under the rug in our garage! 🤑