1. The current number of chips on the chain: 1.12 million chips have been accumulated around $29,000. There has never been so many chips accumulated at this position in the past five years, and a strong support has been formed at the bottom.
2. BTC exchange net position: a large amount of outflow, more and more chips are brought online to wait for the emergence of good news in the big cycle, when the chips will be distributed.
3. ETH exchange net position: small outflow, compared with Bitcoin, Ethereum's outflow is relatively unstable. Considering the approaching Cancun upgrade, some large investors may choose to distribute chips in the first wave of pull-up.
This data comes from Huang SIR, not original UI engineering test. #BTC #ETH $BTC $ETH
