‼️⚠️Thoughts and metrics about BTC:
1️⃣Santiment:
Key#Bitcoinwhales holding 1K-10K $BTC are supporting this growth and have now accumulated another 266K $BTC since the start of 2024. This means an accumulation of 1.24% of the total supply. The crowd is also showing a high degree of #FOMO.
2️⃣In the most stressful situations, bearish sentiment increased to 41-48%.
Current sentiment: 🟩 up – 84.4%, 🟥 down – 15.6%.
3️⃣The average duration of Bitcoin's dormant period recently reached a 13-year peak, indicating that old Bitcoins are being transferred to new owners.
Bitcoin's cap table is changing, potentially changing the ownership landscape.
🤔Who became the new major shareholder (Black Rock or maybe it’s not a fund at all)?