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@dave_le0
@Emc907
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Same vibe on #Bitcoin as mid-2020. Back then, $BTC hovered around $10k for 6 months with high on-chain activity, later revealed as OTC deals. Now, despite low price volatility, on-chain activity remains high, with $1B added daily to new whale wallets, likely custody.
The number of #BTC transferred hits the year-high, and those TXs are not from exchanges. Fund Flow Ratio of all exchanges hits the year-low. Something's happening. Possibly OTC deals. cryptoquant.com/overview/full/… cryptoquant.com/overview/full/…
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