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Johan
npub1a4s…a26u
2024-08-26 09:32:23

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)
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npub1a4sd4cprrucfkvkfq9zs99ur4xe7lxw3uhhgvuzx6nqxhnpa2yyqlsa26u