Murphy|Aug 05, 2026 07:18
Awesome! It really surpassed 1 million!
Right now, a single price of $63,000 has accumulated 1.15 million BTC, which is an extremely rare phenomenon in history.
Although the recent Coldcard hardware wallet vulnerability has forced some long-term holders to transfer their BTC,
it’s definitely not the main reason for the explosion in trading volume around the $63k range.
Instead, it’s the result of long-term accumulation under BTC’s low volatility.
At the same time, the nearby concentration of tokens has risen to 13.5%.
Tokens can’t be accumulated infinitely—at the critical point of the long-short battle, there has to be a winner.
I’m getting more and more excited to see what’s going to happen next...
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