Leverage Gone, Tourists Flushed: Bitcoin's Beautiful Late-Cycle Reset feat. Glassnode's James Check
In this data driven episode of Bitcoin Builders, Glassnode's James Check (Checkmate on Twitter) walks through the onchain data, discussing: The changing of hands from the leftover top buyers to new post-FTX bargain buyers The shift away from whales towards smaller holders Why the most recent run past $30,000 has been driven by spot buying rather than leveraged trading To join the discussion: bit.ly/breakdownpod Thanks to our sponsor: In Wolf's Clothing // Wolf is the first startup accelerator focused exclusively on Bitcoin and Lightning // Learn more at wolfnyc.com