#BTC distribution hasn't started yet, we are far from it 

BTC-distribution-hasnt-started-yet-we-are-far-from-it

1/4 #BTC distribution hasn't started yet, we are far from it 

Long-term holders are barely moving 🟢

2/4 #BTC Net Unrealized Profit is just about to cross the yellow line and can last for months. Meaning most of the supply is in profits 🟢

3/4 #BTC Open interest is overextended 🟠. We can get a few liquidations (shorts/longs)

4/4 #BTC % supply in profit over 99%. It can last that way for months in bullmarkets with pullbacks in the middle. We are just getting started  🟢