Key Takeaways:

  • BTC and ETH finally come to life after a DeFI lead ‘alt season’
  • We explore likely reasons why ETH lead this recent rally
  • All holder metrics ranging from growth in whales to decline in weak hands continue trending in the right direction
  • Bitcoin holder base is highly favorable for a continued move up as the supply on exchanges is near 12 month lows and the percent of supply unmoved in the past year is at all time high’s.
  • Could growth in Open Interest be a precursor of what’s to come or are we in a different environment now?


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