Realized Profit/Loss (on-chain) flagged a sharp, concentrated capitulation-style spike just days ago in early August.
Historically, a single violent realized-loss event clears out forced sellers faster than slow grinding declines.
Doesn't confirm direction - just shows a concentrated panic-selling wave already happened, recently.
Post-flush phases like this are often where range-bound execution (Grid-style) outperforms directional bets.
#OnChainData #BTC #TradingSignals
Historically, a single violent realized-loss event clears out forced sellers faster than slow grinding declines.
Doesn't confirm direction - just shows a concentrated panic-selling wave already happened, recently.
Post-flush phases like this are often where range-bound execution (Grid-style) outperforms directional bets.
#OnChainData #BTC #TradingSignals