Bitcoin is seeing nearly $5 billion in monthly realized cap growth, but don't let the headline fool you. On-chain data reveals this isn't a flood of fresh retail buyers. Instead, it’s mostly existing capital rotating internally as the price rally pauses. True market momentum requires new participants entering the space, not just old hands shuffling coins around. Watch these inflows closely for a real breakout signal. $BTC #Bitcoin #CryptoAnalysis #OnChain