With over 27,000 BTC exiting exchanges, signs of significant volatility surface. The market shows shifting investor sentiment toward aversion, highlighted by active whale transactions and increased retail participation.
More than 83% of Bitcoin addresses are currently profitable, raising fears of profit-taking which could exacerbate volatility. Coupled with a 50% rise in Bitcoin’s Stock-to-Flow ratio, the scenario indicates a volatile phase ahead for BTC.
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