dylan on Nostr: As a percent of circulating supply, #bitcoin moved in the last 30 days is at an all ...

As a percent of circulating supply, #bitcoin moved in the last 30 days is at an all time low of 5.4% (94.6% dormant), meanwhile spot volumes are at levels not seen since 2019.

Saying this market is thin currently is an understatement - remember inelasticity can cut both ways...