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Key facts: BTCUSD miners sell; funds buy; model shows deep undervaluation
By Exbasi Intelligence
Sourced from TradingView
BTCUSD trading showed divergence: corporate holders and miners sold while large wallets and hedge funds accumulated longs amid ongoing regulatory and institutional developments.CryptoQuant says BTCUSD Spot CFD is trading far below its long‑term Rainbow Chart model; volatility‑adjusted Z‑Score shows deeper undervaluation than 2022 bear bottom, though not a reversal signalGlassnode says buy-side liquidity under BTCUSD weakened in June: large buy walls pulled back and bid depth thinned, leaving a more fragile orderbook and higher short-term volatility risk.BTCUSD tradable float is tighter than mined supply: ~2.67M coins on exchanges, ~14M illiquid, and about 0.046 BTC per 57.5M global millionaires.BTCUSD spot near $63,000 on Aug 15 as Michael Saylor called Bitcoin a ‘deep freeze’ asset with programmed scarcity.This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original sources.