CryptoNeutralCryptoSlate · Mar 157/10
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The illusion of movement: How Coinbase’s 800,000 BTC migration exposes the flaw in raw Bitcoin age metrics
Coinbase's migration of 800,000 BTC exposes significant flaws in traditional Bitcoin age metrics like HODL Waves and Coin Days Destroyed. The large-scale wallet reshuffling created false signals that old coins were moving, when in reality it was just internal exchange operations rather than actual market activity.
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