2 Comments

Good one dudes. Question: doesnt that 11% downswing in LTH realized price seem significant, historically speaking? move seems more outsized than even past crypto winters ... trouble brewing in long term holder land? or are we to give this less significance given that these are 2021 newbies (now "aged" into the LTH class) that are now finally capitulating?

Expand full comment
author

Good question. See it as less significant right now as it's likely newer coins from 2021 selling and because long-term holder supply overall is still moderately up on the year.

Expand full comment