Bitcoin network activity recently reached exceptionally high levels. On July 31, following the ColdCard hack, 39.6K BTC were moved in transactions under 1 BTC each. A comparable level was last seen on November 16, 2022, just days after the FTX collapse, when 39.9K BTC were transferred. This indicates that many smaller Bitcoin holdings were moved simultaneously. 📊
Solix TradingShare
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