Cryptocurrency analysis company Alphractal pointed out remarkable on-chain movements in the Bitcoin market in its latest assessment.
According to the company, after the recent price increase, Short-Term Investors (STH) stopped saving and started distributing their coins.
According to Alphractal, the decline in STH supply historically indicates that Bitcoin is approaching major cycle peaks. As the price rises, slowing demand and increasing selling pressure are classic signs of a bull market approaching its end.
en.bitcoinsistemi.com