The Block (@TheBlockCo): NEW: Bitcoin onchain activity is at one of its most subdued levels on record, with just 3.8 million $BTC moving over the past 180 days, according to K…
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NEW: Bitcoin onchain activity is at one of its most subdued levels on record, with just 3.8 million $BTC moving over the past 180 days, according to K33 Research. The firm says the unusually low activity suggests selling pressure is fading as bitcoin shows signs of having passed its cycle bottom.