Deep Tide TechFlow News, on May 8th, according to CryptoQuant analyst Carmelo_Alemán's article, Bitcoin's "Realized Cap" set a new all-time high today, reaching $890.742262 billion. This marks the third consecutive week that this metric has set a record.
Analysts believe that this reflects the increasing confidence of both long-term and short-term holders, as their positions continue to strengthen with signs of market recovery. If this trend continues, we may see the early stages of a new bull market cycle for Bitcoin.