- BowTiedSats
- Posts
- 10+ BTC Holders Buying The Dip
10+ BTC Holders Buying The Dip
Sats O'Clock
May 24, 2022
Wake Up! It's Sats O'Clock.
Good morning. It's May 24, 2022.
Bitcoin is still hovering around $29K at the time of writing.
Over the long weekend, funds with over 10 BTC have been stacking more Bitcoin.
Some massive dip-buying from retail (entities with <10 BTC)
The second highest 7-day increase in their holdings ever. htt
— Will Clemente (@WClementeIII)
2:23 PM • May 20, 2022
Here is an excellent, quick to read thread on analyzing Bitcoin blockchain data.
i've been with #bitcoin for a long time and one thing that's helped me a lot is discernment when it comes to on-chain metrics.
time for a quick thread. what's useful, and what's not?
take 2 minutes to read and most of the confusion and controversy will clear up.
let's go🧵
— few (@fewseethis)
4:38 PM • May 1, 2022
Meanwhile in India...
Reserve Bank of India Governor: #Bitcoin has no underlying value.
Yet 1 BTC is worth 2,264,600 Indian rupees...
— Bitcoin Magazine (@BitcoinMagazine)
8:34 PM • May 23, 2022
Unlike India, Norway seems to be embracing Bitcoin and it's potential with Strike CEO Jack Mallers leading the way.
NEW: Jack Mallers, Human Rights Foundation CSO and others educate Norwegian government on #Bitcoin 🇳🇴 👏
— Bitcoin Magazine (@BitcoinMagazine)
1:36 PM • May 23, 2022
There are now 844,906 wallets with at-least 1 Bitcoin. An all time high!
JUST IN: The number of addresses holding at least 1 #Bitcoin has reached a new all-time high of 844,906.
— Watcher.Guru (@WatcherGuru)
6:46 AM • May 23, 2022
In the last 24 hours, ~$70M worth of Bitcoin has been liquidated.
Most of the shorting is happening through Binance and ByBit.
A gentle reminder...
I call this chart "we are still early".
Hodling for 4 years, BTC has always outperformed every other asset class. ALWAYS. Zooming out, things become clear.
When the blue trace moves into the cluster of the other assets, #Bitcoin will have matured.
— Willy Woo (@woonomic)
2:16 PM • May 5, 2022
MEME OF THE DAY
How we are all feeling at this moment.
We send a free 60 second summary of Bitcoin news right to your email everyday.
Follow us @satsoclock !