The bull market peaked 272 days after the 2017 peak. The bull market peaked 307 days after the 2021 peak. The 2024 peak was 304 days past the 2024 peak. #BTC: Realized Cap HODL Waves is an on-chain analysis metric that combines the "realized capital" (market value calculated based on the price at which Bitcoin last moved) of on-chain holdings with the "holding time distribution" to show the proportion of realized value of Bitcoins of different age groups relative to total realized capital. The metric in the figure shows the percentage of realized value of Bitcoins that have not moved in 3-5 years, which generally represents "more committed medium- to long-term holders." A significant decline in the number of holdings of such holders often coincides with the mid- to late-stage of a bull market.
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And truth be told, he did ~all of the heavy lifting. I threw out random ideas that he would (artistically) run with, and low and behold you have Legend of Breadio. I hope everyone has fun with it. It's meant to be free and fun, with no expectations. Just keep them as momentos for the last 6mo of shitposting. Appreciate Tut for the time and energy he put in.
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Meet the side wallets of Faze Banks • Made 2M profit on $MLG • Lost money on $LIBRA • Part of a network of wallets that bought before the promotion Just a coincidence? Details in this thread 🧵
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