Santiment: All five of the largest #BTC transactions of 2023 were made in March, and the last one was 20,000 #BTC (~$564 million) today.

There has been a large influx of coins returning to exchanges between March 13-21 as the #BTC price surged to $28k. But since prices started to hover in a tight $27k-$29k range, supply is back off the exchanges.

The number of addresses containing 10-10k #BTC (yellow line) and the number of addresses containing >10k #BTC (red line) continue to grow in March.

However, the % held by 10-10k #BTC addresses looks more worrisome when looking at the % of #BTC supply held. After a good accumulation pattern, profit-taking gradually took effect until the end of January.

Based on the large transactions in March, as the 10-10k #BTC address level continues to decline (in %) and narrow (by total address count), it looks like there are some caveats to watch out for if you hope to see #BTC growth to >$35,000.

🇬🇧 Great Britain. GDP (Q4):
- y/y 0.6% (prog 0.4%; pre 0.2%)
- QoQ 0.1% (prog 0.0%; pre 0.3%)

🇩🇪 Germany. Retail Sales MoM (Feb): -1.3% (prog 0.5%; pre 0.1%)

💰TradeWindow completes $7M funding. prnewswire.com

🔄 #RPL Rocket Pool will update Atlas on April 13th.
twitter.com

📊 It was in March released 9 billion #USDT, including 4 billion #USDT on the Tron network and 5 billion #USDT on the Ethereum network.

👀 #ADA In April, Milkomeda will launch a new feature that will allow users to use EVM contracts from the Cardano wallet.
twitter.com

🇰🇷🙅‍♂️ #PCI South Korean crypto exchanges such as Upbit, Bithumb and Coinone announced the delisting of Paycoin (PCI) - April 14th.

👀 #RLB Crypto Casino Rollbit token dropped 20% due to licensing issues. Rollbit reports that the Curacao authorities are currently conducting an annual license review, so their logo has been removed from the site.
coindesk.com

🇩🇪 Germany. Unemployment (Mar): 5.6% (prog 5.5%; pre 5.5%)

- Change in the number of unemployed (mar): 16k (prog 3k; before 2k)

👀 Bithumb's largest shareholder, Vidente, faces KOSDAQ delisting.
www.sbs.co.kr

📊 #XRP Open interest in #XRP perpetual futures has more than doubled this week on bets that Ripple's eventual victory in US SEC lawsuit will kick-start altcoin season.

📊 The Magic Eden Bitcoin NFT market accounts for over 70% of daily trading volume, making it Ordinals' largest market. dune.com

🇬🇧 #CBDC Bank of England: CBDC could be a "middle asset" between digital currencies and TradFi. decrypt.com

🇪🇺 EU. Consumer inflation (CPI) (Mar) (tentative):
- y/y 6.9% (prog 7.1%; pre 8.5%)

Core (CPI) (YoY) (pre): 5.7% (prog 5.7%; pre 5.6%)

🇪🇺 EU. Unemployment (Feb): 6.6% (prog 6.7%; pre 6.7%)

📈 BinanceUS weekly trading volume (NOT including binance .com ) reached 41% (global) Coinbase trading volume last week, new ATH.

🥳🔓 Upcoming unlocks:
#GAL 0.3% ($1.3M) - March 31
#ATOM ($3.28M) - April 1st
#ACA 2.7% ($2.71M) - April 1st
#NYM 0.5% ($1.19M) - April 3
#TORN 1.8% ($1.18M) - April 7th

#BTC For the first time since May 2019, the strike price of a short-term #BTC holder beat the strike price of a long-term holder:
STHRP: $21,742
LTHRP: $21,334

This has happened three times before, each time signaling the end of a bear market.

The SOPR ratio also flashes red in the downlink for the first time since May 2019. The realized profit of the STH cohort is lower than that of the LTH cohort.

🇮🇹👀 #AI The Italian privacy regulator launched an investigation into OpenAI because of ChatGPT.