Event JSON
{
"id": "ce66970c46d7b9c62e552004150318ed9d6f0cf4a9754d99bd17eed588822fe7",
"pubkey": "01606ee2129a65b13bacab793a337bee523cad12d3a98eba1252a3fc29f63e2b",
"created_at": 1738926834,
"kind": 1,
"tags": [
[
"r",
"https://www.coindesk.com/markets/2025/02/07/bitcoin-activity-hits-1-year-low-but-these-metrics-point-to-bullish-moves-cryptoquant"
],
[
"subject",
"Bitcoin Activity Hits 1-Year Low, but These Metrics Point to Bullish Moves: CryptoQuant"
],
[
"published_at",
"1738926672"
],
[
"image",
"https://cdn.sanity.io/images/s3y3vcno/production/8417209d631ae2e5d579f64c1eee9ef820485a4d-1648x1040.png?auto=format"
],
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"01606ee2129a65b13bacab793a337bee523cad12d3a98eba1252a3fc29f63e2b",
"wss://articles.layer3.news"
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"url https://cdn.sanity.io/images/s3y3vcno/production/8417209d631ae2e5d579f64c1eee9ef820485a4d-1648x1040.png?auto=format"
],
[
"t",
"Technology:perspective"
],
[
"summary",
"The Bitcoin Network Activity Index has been declining since November 2024 and has reached its lowest level since February 2024. This decline is attributed to a sharp drop in the number of transactions and a significant decrease in the Bitcoin mempool. However, CryptoQuant notes that the decline in activity may not directly affect Bitcoin prices, which are expected to grow due to increased demand from long-term accumulator addresses. This type of demand is historically associated with a rally in the BTC price and signals the overall perception of the asset as an investment asset or store of value."
]
],
"content": "nostr:nprofile1qyd8wumn8ghj7ctjw35kxmr9wvhxcctev4erxtnwv4mhxqpqq9sxacsjnfjmzwav4dun5vmmaefretgj6w5cawsj223lc20k8c4sm8nhef\nhttps://cdn.sanity.io/images/s3y3vcno/production/8417209d631ae2e5d579f64c1eee9ef820485a4d-1648x1040.png?auto=format\nA dip in activity was marked by a sharp decline in the number of transactions and a spike in demand from long-term holders may underpin the bitcoin price.\nhttps://www.coindesk.com/markets/2025/02/07/bitcoin-activity-hits-1-year-low-but-these-metrics-point-to-bullish-moves-cryptoquant",
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}
