Wenry
⛳️ $BTC On-Chain Highlights
1. Stablecoin Ratio "Return to May 2022" As a measure of potential purchasing power, when the ratio value is low, it means there is a high ability to buy additionally. The current indicator suggests that the Buy & Hold portion has increased, meaning that current buying sentiment has improved significantly, in contrast to the second half of 2022. 2. Realized price "Support line found in the March 10 drop" On the 10th, when it fell sharply due to issues in the banking sector, including Silvergate, it fell to near the realized price but was supported and rebounded, suggesting that bitcoin investment sentiment is solid among risky assets. 3. Distribution of $BTC by UTXO Period (Based on Realized Price) The average purchase price by coin holding period shows that most new buyers in the last week are profit rights. * 0 days ~ 1 day (26,556 USDT) / 1 day ~ 1 week (23,808 USDT)