🐳 #CryptoQuant : $BTC whales are accumulating at their fas | Crypto News Aggregator by EXCAVO på Binance Square

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🐳 #CryptoQuant : $BTC  whales are accumulating at their fastest rate since April 2023! 

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🎢 $BTC Accumulation Trend Score is at 1, showing that larger entities are heavily accumulating Bitcoin

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📊 $SOL Solana surpasses Ethereum and Arbitrum in total 24-hour volume on DEX

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📈👀 $BTC Lightning Network transactions through Coingate, a cryptocurrency payment processor, grew 34% in June compared to the Q1 2024

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🤔 In 2024, every $1 invested in $BTC increased its market cap by $5, while for $ETH , it was only $1.3. New money flows have a weaker effect on Ethereum than Bitcoin.

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📊👀 $BTC has historically exhibited exponential gains during bull cycles, but each cycle has also seen numerous large drawdowns. The current cycle has seen: - Eight drawdowns between 5%-20% - Two drawdowns between 20%-30% - No drawdowns greater than 30%

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