📊 $BTC Bitcoin jumped from the mid-$60Ks to above $80K in late August. But what actually drove the rally?

New analysis from DeFiLlama points to fresh buying - not just leverage - playing a key role.

🔸 Spot volume grew 153% during the breakout period

🔸 Perpetual volume rose 109%

🔸 US spot Bitcoin ETF inflows hit $3.52B for August alone

🔸 Binance accounted for 46% of spot volume across all tracked exchanges