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Post #14574

@CryptoAustralia

Crypto Australia🇭🇲🇭🇲

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PostedDec 412/04/2023, 02:15 PM
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With price retesting yearly highs, the percentage of the supply held in profit has reached 83% of the total circulating supply. From a statistical standpoint, this is historically significant, being well above the all-time mean value (74%) and pushing towards the higher band of +1 standard deviation 90%. When this indicator trades above this upper band, it has historically aligned with the market entering the early stages of a bull market's "Euphoric phase." Note : Market today pumped alot and this Data is from this last week, so the numbers are more than the above chart is displaying. By Crypto Australia