🐋 A look at fund flows: Bitwise: Bitcoin implied volatility falls to a three-year low as long-term holders continue distributing their coins
The impact is limited, but worth noting—it’ll be more interesting to revisit later. I care more about what on-chain addresses are doing; actions speak louder than words.
$BTC Down 0.22% intraday, with trading volume of 1.134 billion.