Yonsei_dent
<Observing the distribution trend of LTH over the past two days>
A substantial distribution trend of LTHs that had held BTC for more than 6 months is observed over the course of 2 days starting from 3/4 when BTC exceeded $63k. The Binary CDD🟩 indicator has also been active for the past two days, indicating that long-held BTC is being consumed above average. Over 4,000 BTC were consumed each across the 6m~5y cohort over two days, a similar trend to the end of February, about a week ago. What is noteworthy is, the consumption scale of the 🟠6m-12m cohort is recorded at approximately 18,000. (2y-3y cohort was excluded as there was no characteristic movement) Just as it rose from $61k to $68k after the LTH distribution at the end of February, can we expect another rally after this distribution?