Ah! The Bitcoin Cohort Strikes Again: A Tragi-Comedy in Charts 🎭

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Markets

What One Must Know (As If You Had a Choice!):

  • The supply, once dormant, now rises like a comedic ghost from its slumber, while long-term holders sell faster than a Parisian fleeing a plague-$1.7B in daily profits, n’est-ce pas? 💸
  • Half the selling pressure? Coins held six months to a year-poor souls from 2025, cashing out like lottery winners at a tavern! 🍻
  • Realized profits? Skyrocketed to $1.7B/day! A spectacle rivaling the Sun King’s treasury! 🌞

Our illustrious Bitcoin, once soaring like Icarus, hath plummeted to $103,500 (a mere 18% fall from its $126,200 zenith on Oct. 6). A classic bull-market correction, as predictable as Molière’s rhyming couplets! 🎭

The market’s villain? Behold: existing holders! Not manipulation, not paper tricks, not even a cabal of shadowy bankers… just plain sellers! 🕵️♂️

“The sell-side pressure,” quoth the esteemed soothsayer Checkmate, “is like a farce no one appreciates. Not a conspiracy-a mere comedy of errors!” 🎪

Exhibit A: The Revived Supply, or as the bards would say, “The Coins That Rose From Their Slumber” 🧾. Daily value? $2.9B-second-highest of the cycle!

Of note: 47% of sellers are 2024’s hopefuls, buying at $76,000 during April’s tariff-induced panic. Now they flee like Scapin the trickster! 🎭

Exhibit B: The Average Age of Spent Coins, a tale of aging gracefully. From 26 days in 2023 to 100 days now-older than Tartuffe’s lies! 🕯️

Aye, profits flow like wine at a Roman feast ($1.7B daily), while losses mount to $430M-a tragicomedy of errors rivaling The Miser! 🍷

In summation, dear spectators, this tragicomedy of profits and capitulation plays on. The curtain falls not on Bitcoin, but on the fools who sold too soon! 🎭

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2025-10-20 15:46