The Daily Dive #024 - An Explosive Dichotomy Emerges
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In today’s newsletter, we will look into the notable dichotomy that has emerged over the recent month/s in the derivatives market and with illiquid bitcoin supply, and what the trend/s could mean. Illiquid Supply Change May brought about the largest change in previously illiquid supply since January of 2018, as short term investors relentlessly sold their positions, most of which was at a steep loss. The 30 days leading up to May 20th saw 231,333 bitcoin move from previously illiquid addresses back into the liquid bitcoin supply.
The Daily Dive #024 - An Explosive Dichotomy Emerges
The Daily Dive #024 - An Explosive Dichotomy…
The Daily Dive #024 - An Explosive Dichotomy Emerges
In today’s newsletter, we will look into the notable dichotomy that has emerged over the recent month/s in the derivatives market and with illiquid bitcoin supply, and what the trend/s could mean. Illiquid Supply Change May brought about the largest change in previously illiquid supply since January of 2018, as short term investors relentlessly sold their positions, most of which was at a steep loss. The 30 days leading up to May 20th saw 231,333 bitcoin move from previously illiquid addresses back into the liquid bitcoin supply.