BTC bought between three and six months ago and moving onchain has spiked. It is a classic precursor to “significant” volatility, the latest analysis says.
Bitcoin (BTC) speculators may spark “significant” BTC price volatility as a large tranche of coins moves onchain.
In one of its “Quicktake” blog posts on April 18, onchain analytics platform CryptoQuant warned that a Bitcoin market shake-up is due.
Bitcoin short-term holders (STHs) are signaling that the current calm BTC price behavior may not last long.
Read more