Market Analysis
Neutral
Bitcoin On-Chain Activity Hits All-Time Low...3.8 Million BTC Moved in 180 Days
Bitcoin's on-chain activity has hit an all-time low, according to K33 Research. Over the past 180 days, only 3.8 million BTC have been moved. The firm explained that this trend indicates decreasing selling pressure in the market and suggests Bitcoin may have already passed the bottom of this cycle.
Korean Source
This article is an English localization of a Korean-language crypto news report. Original headline: "BTC 온체인 활동 역대 최저 수준…180일간 380만 BTC 이동"