Quality analysis as always.

From the numbers of wallets and transactions, this bull run for Bitcoin seems to be led by institutions. Looks like retail is not as much into Bitcoin, or most of them use custodial wallets. Both the numbers of new, active wallets and even the numbers of transactions per day haven’t broken the previous ATH.

This.

For all the talk about the Bitcoin bull run that we're in, I don't think we've really even started yet.

This is all still just smart, institutional money positioning themselves.

Wait until retail checks in again and they have some dumb money to provide liquidity.

Then we'll really see not only Bitcoin rally, but the entire crypto bull run REALLY begin.

So exciting to be a part of!

Posted Using LeoFinance ^Beta