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Bitcoin's Transaction Volume and Dormant Coin Indicators Erupt!

@brianq
1 min read
09.10.2024
BTC


🐳 Referring to the Tuesday whale transaction highlighted by Lookonchain, our own metrics indicate a major spike in dormant activity on Bitcoin's network to pair with $37.4B in on-chain volume Tuesday, the most in 7 months. Historically, stagnant BTC moving back into regular circulation is a positive for future price movement.

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