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2026-07-04 15:23:06

🐋 WHALE WATCH: Bitcoins Realized P/L Ratio hit -0.35 the lowest reading in 43 months.

The same level appeared at the 2015 bottom, the 2019 reset and the 2022 capitulation. Each time waiting for confirmation cost more than acting on the signal.
The data puts this in deep value territory. Accumulation phase.

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