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#Bitcoin is seeing the largest depletion of liquidity since years.
Not only are funds being withdrawn from exchanges, but coins are continuously moving to strong hands.
In the past 30 days, around 270,000 BTC moved to entities considered HODLers.
— glassnode (@glassnode) January 20, 2021
Bitcoin's parabolic rise is unsustainable in the near term. Vulnerable to a setback. The target technical upside of $35,000 has been exceeded. Time to take some money off the table.
— Scott Minerd (@ScottMinerd) January 11, 2021