Bitcoin's supply last active less than a month ago, a subtle but crucial market indicator, has hit an 8-year low, suggesting a decrease in day-to-day trading activity. This could indicate traders shifting from active transactions to holding coins, but what does this mean for the market's overall stability or potential stagnation? Interestingly, this trend witnessed a stark anomaly during the FTX collapse of November 2022, when 'hot coins' surged amidst a significant price downturn... How did this unusual activity impact the market sentiment? Find out more in the full article...
Bitcoin’s most active supply hits 8-year low
08/25/2023 08:00
Bitcoin's supply last active less than a month ago reached an 8-year low, indicating a shift from trading to holding.