BTC holdings hit a new high.

CN
1 year ago

BTC holdings have reached a historic high, while on-chain profits are soaring. The market is at a crucial divergence point, as discussed by Lao Lang yesterday, whether it's the final push or there will be new funds to start a new journey, all in these two days.

It can be seen that in these two days, CME holdings have soared, but the total market value of cryptocurrencies has been hovering around the $2 trillion mark, with no movement in spot trading and futures in chaos, often the starting point of a turnaround.

Looking at on-chain profits, BTC is currently in the stage of 2019, 2016, and 2013.

Survival lies in not being silent, or in bursting out in silence. The long and short positions of BTC are heating up.

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