You may want to double check your position on BTCUSDT
hello
you know everybody can analyze the market when Onchain is good, but we update every day to find a better picture of what you are doing.
Despite the increase in selling at a loss due to traders' fear of the current conditions, we see distributions in profits that this activity can be considered likely from older coins.
By checking the CDD index (number of coins * duration of storage) and ASOL (average lifetime of a coin), we will find the partial distribution of old coins with the age band of 7-10 years, and 3-5 years.
Currently, the 16,400 range is still of great importance because approximately 11% of the circulating stock is in this area. Despite this, the accumulation process in the network has been reduced.
Despite the low level of selling pressure, we see the distribution of losses, which if this continues and the market conditions are negative, the risk scenario for the price will be strengthened.
you know everybody can analyze the market when Onchain is good, but we update every day to find a better picture of what you are doing.
Despite the increase in selling at a loss due to traders' fear of the current conditions, we see distributions in profits that this activity can be considered likely from older coins.
By checking the CDD index (number of coins * duration of storage) and ASOL (average lifetime of a coin), we will find the partial distribution of old coins with the age band of 7-10 years, and 3-5 years.
Currently, the 16,400 range is still of great importance because approximately 11% of the circulating stock is in this area. Despite this, the accumulation process in the network has been reduced.
Despite the low level of selling pressure, we see the distribution of losses, which if this continues and the market conditions are negative, the risk scenario for the price will be strengthened.
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