Bitcoin price steadies as large holders curb profit-taking in FebruaryThe flattening of profits among major Bitcoin holders means less pressure on Bitcoin's price.Happy α Sunday 💪⛓️🚀Our Sunday newsletter is dedicated to the recent content from CryptoSlate Alpha, the web3 membership designed to empower you with cutting-edge insights and expert knowledge. Built on top of Access Protocol, Alpha is incredibly easy to join — you only need a Solana self-custody wallet and a small amount of ACS tokens to stake, which will grant you access to all research and reports. For more information, see more about CryptoSlate Alpha. 🚀Are you a Web3 marketer? Join our new Web3 Marketing Insights channel here https://t.me/cryptoslate_web3. We’ll be sharing tips, strategies, and special announcements to help web3 marketers level up their game. 📖 α Weekly ResearchBitcoin price steadies as large holders curb profit-taking in FebruaryThe flattening of profits among major Bitcoin holders means less pressure on Bitcoin's price. Disparities in Bitcoin futures OI and volume show distinct exchange trading profilesDisparities in futures contracts highlight how leverage and contract size drive exchange-specific behaviors. α Top Insights📖More α ResearchWhy the drop in Bitcoin UTXOs, transactions, and fees is not bearishUTXO consolidation amid low fees indicates network efficiency, not waning Bitcoin demand. Bitcoin and gold draw closer as correlation with dollar and equities weakensThe "digital gold" narrative resurfaces as Bitcoin drifts from Nasdaq and S&P 500. Now is a great time to consolidate Bitcoin UTXOs to avoid wasting BTC in feesLeveraging Bitcoin's current low fees for UTXO consolidation could save costs amidst future fee spikes. |
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