Should Investors Panic Over Recent Bitcoin and Altcoin Drops? Analysis Firm Weighs In, Names Specific Altcoins
Key Highlights: Large Bitcoin holders controlling between 10 and 10,000 BTC accumulated 85,916 BTC over a four-week period starting September 18. On-chain metrics show a neutral-to-cool setup, with 30-day MVRV at -2.3%, the Relative Strength Index at 46.5, and stable Binance funding rates. Surging network activity was identified across notable altcoins including Quant, Starknet, Gnosis, ...