This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Over 8% of $BTC’s entire supply moved in just seven days, one of the biggest on-chain events in Bitcoin’s history.
Similar spikes only happened near the 2018 and 2020 bottoms, right before major accumulation phases and new ATHs.