According to Wu Blockchain, Glassnode reports that while US stocks and gold hit new highs, Bitcoin remains in a low-volatility sideways trend. After a Coldcard wallet vulnerability led to the theft of approximately 594 BTC, around 119,000 BTC that had been dormant for over a year were moved within three days. However, only about one-tenth of that amount flowed into exchanges, causing no significant selling pressure. Meanwhile, U.S. spot ETFs saw a net outflow of approximately 65,800 BTC in June, and Bitcoin's implied volatility for upward movement dropped to a historic low of around 23%. Glassnode believes the market is signaling a bottom through low trading volume and low volatility, but institutional demand has yet to recover, and the classic bear market bottom has not been fully confirmed. https://(wublock123.com)/news/glassnode-bitcoin-boring-bottoming-options-pricing-ignores-upside-65984