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$BTC On-Chain Check – Oct 22
MVRV: 1.53 (Recovery zone)
SOPR: ~1.00 (Break-even)
NUPL: 0.34 (Hope)
Exchange flows: recent net inflows
Whales: mid-tier shifting to accumulation
Active addresses: stable ~640k
Selling pressure has eased.
Spot demand still soft.
Key support remains the $80k–$82.7k zone.
Looking for sustained outflows + stronger Coinbase premium for confirmation.
What’s your read on the on-chain picture? 👇
#BTC #bitcoin #Onchain
$BTC On-Chain Check – Oct 22
MVRV: 1.53 (Recovery zone)
SOPR: ~1.00 (Break-even)
NUPL: 0.34 (Hope)
Exchange flows: recent net inflows
Whales: mid-tier shifting to accumulation
Active addresses: stable ~640k
Selling pressure has eased.
Spot demand still soft.
Key support remains the $80k–$82.7k zone.
Looking for sustained outflows + stronger Coinbase premium for confirmation.
What’s your read on the on-chain picture? 👇
#BTC #bitcoin #Onchain