$BTC net capital inflows across halving cycles 📊
Realized Cap delta showing how much fresh capital actually entered each 4-year cycle. This isn't price action—it's real money flow.
Current cycle still early compared to previous runs. If history rhymes, we're nowhere near peak inflow yet.
Watch the Realized Cap—it's the clearest signal of when smart money is rotating in vs. when tourists arrive late.
Realized Cap delta showing how much fresh capital actually entered each 4-year cycle. This isn't price action—it's real money flow.
Current cycle still early compared to previous runs. If history rhymes, we're nowhere near peak inflow yet.
Watch the Realized Cap—it's the clearest signal of when smart money is rotating in vs. when tourists arrive late.
