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On-Chain Data for the Last 12 Hours (69 blocks) Speaks Volumes

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On-Chain Data for the Last 12 Hours (69 blocks) Speaks Volumes

The data for the last 12 hours (69 blocks) speaks volumes right now. PnL is the realized change in price for all combined UTXOs (almost half a million of them) from when they last moved. The 90-1y groups have been really active in the consolidation from the 80's the last couple months, but they all just went incredibly silent. 4yr+ group is also seeing almost no volume right now. Structurally, the on chain data is signaling this is a really strong move. Curious to see if this continues tomorrow.

submitted by /u/JuxtaposeLife
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