@stewbits22 17 August 2021 more from that month

BTC's current Market Cap is 860 billion US dollars but its Realised Cap just hit a new all time high of 379 billion US dollars. Realised Cap is the aggregate value of each coin when it was last moved. As Bitcoin spot price continues to rise depsite this new high it indicates new money is flowing in to absorb this supply. This appetite for Bitcoin despite increased Realised Cap was last seen just before the last bull run up last November, suggesting a similar situation is about to develop now. If you want to know more in depth analysis of Bitcoin see here https://insights.glassnode.com/the-week-on-chain-week-33-2021/