15 Aug 2023
Supply idle in the market
On-chain flows and extended supply assessments indicate passive market participants throughout the year. Our “Liquid tradeable BTC Proxy” has been stable at 18% since the fall of FTX and sits in line with the February 2020 levels.Preview
On-chain flows and extended supply assessments indicate passive market participants throughout the year. Our “Liquid tradeable BTC Proxy” has been stable at 18% since the fall of FTX and sits in line with the February 2020 levels.
Overall, the flat state of flows points towards low