Post #831 Expulsion of Bitcoin Tourists – Bitcoin Onchain Analysis
Bitcoin has locked in one of the worst monthly price performances in history, with prices trading down -37.9% in June. Bitcoin has seen a near complete expulsion of market tourists, leaving the resolve of HODLers as the last line standing.
Topics for Discussion:
– Historically bad price performance through June 2022.
– Lacklustre on-chain activity and what it signals.
– Persistently large exchange outflows and balance declines.
– Shrimps and Whales add to their balance aggressively.
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