It's because of a lot of coins moved towards ETF custodian wallets 5 months ago. Those coins are now maturing from STH to LTH coins. Those coins have an USD value of almost 70 billion dollars.
h/t satonomics (npub1jag…3v44)
Johan on Nostr: This chart is wild. This is the 1 month change in Long Term Holders Realized Cap ...
This chart is wild. This is the 1 month change in Long Term Holders Realized Cap expressed in USD.
It's because of a lot of coins moved towards ETF custodian wallets 5 months ago. Those coins are now maturing from STH to LTH coins. Those coins have an USD value of almost 70 billion dollars.
h/t satonomics (npub1jag…3v44)
It's because of a lot of coins moved towards ETF custodian wallets 5 months ago. Those coins are now maturing from STH to LTH coins. Those coins have an USD value of almost 70 billion dollars.
h/t satonomics (npub1jag…3v44)