Welcome to Cryptonary’s Monthly Analysis Digest, where we analyse the crypto market through both price action and on-chain activities on a monthly basis.
Disclaimer: Not financial nor investment advice. You are responsible for any capital-related decisions you make, and only you are accountable for the results.
Summary for August ’22
- Total Market Cap: -9.93%
- Altcoins Market Cap: -7.02%
TLDR:
- The smallest Bitcoin wallet cohorts have slowed in their accumulation whilst distributing Bitcoins from the largest Bitcoin wallets has significantly slowed.
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