📊📉 BTC on-chain activity just hit an 8-year low



Active addresses matching 2018 bear market bottom. Retail gone. Tourists out. Institutions quietly absorbing - 4.37M BTC now in long-term wallets.

In 2018, maximum apathy preceded the entire bull run. The quiet before the storm.

May I remind everyone - Institutions buy the dips.

Then they pay millions in marketing to influencers and instagram and all these youtubers / tiktok to promote crypto as a whole.

Works everytime.

Be prepared for the run up of the century

$BTC $BTC
BTC-2.29%
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LpGrandma
· 8h ago
2018 was indeed a takeoff after extreme numbness, but don't ignore the differences in the macro environment, and don't go all-in at once.
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AirdropTaxPanic
· 10h ago
It's good that tourists are leaving the market, at least reducing some high-leverage reckless trading, which makes the market healthier.
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Stop-LossForBluePeony
· 10h ago
On-chain activity being low could also be due to L2, custodial services, or ETF channels diverting traffic; don't jump to conclusions just because it seems "quiet."
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StakingLibrarian
· 10h ago
If it's truly "silent accumulation," then I prefer to invest regularly and be patient, not to be washed out by short-term fluctuations.
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BluePeonyDoesn'tDrop
· 10h ago
When everyone stops talking about BTC, it might actually be the opportunity point.
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Cryptobuzzz
· 10h ago
Good information
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Cryptobuzzz
· 10h ago
Diamond Hands 💎
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WatercolorGlassBottle
· 11h ago
That part about marketing hype is so true: first create a scarcity narrative, then have KOLs help you tell the story convincingly.
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PeonyMemo
· 11h ago
The on-chain activity is so quiet it feels like a power outage, which oddly gives off a 2018 vibe.
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NftsOutsideTheTidalLine
· 11h ago
Hopefully this time it won't be another "institutional buying = retail investors taking the fall" cycle. The premise for everyone to make money is not to be greedy.
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