Bitcoin whales bought 270,000 BTC over the past 30 days. Exchange reserves just hit a 7-year low. Last seen in December 2017, right before BTC broke $20K for the first time.


Nobody talks about that. Everyone's focused on the price.
BTC hasn't closed above its 200-day moving average at $82,228 in seven months. Clearing it would be the first real trend reversal signal this year.
Strategy holds 818,334 BTC at an average cost of $75,537 and reports earnings TODAY.
Whether Saylor keeps buying or pauses is one of the most watched signals in the market right now.
The macro situation is real. But so is the accumulation happening underneath the price action.
On-chain data and price action are telling two different stories. I know which one I trust more.
BTC1.74%
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