Post #15661

The largest increase in liveliness since the Dec-2022 capitulation event. This again supports the above analysis, denoting an increase in Coinday Destruction as some investors part ways with a portion of their long-held coins. However, when viewed in a macro context, Liveliness remains near multi-year lows, suggesting that the dominant majority of the supply remains tightly held, arguably waiting for higher spot prices, or perhaps increased volatility as a motivator to spend. By Crypto Australia