Willy Woo Profile picture
31 Mar, 5 tweets, 2 min read
A time-lapse map of the price when coins last moved.

Clusters of strong price discovery:
$55k (7% of supply last moved above this)
$47k (15%)

$46.4k is the price I'm modelling that we won't visit again during in this bull market (daily close).
Shear cliffs are areas where coin supply moves steeply upwards in price discovery. (green)

Flows downwards are bear market movements where coins move downwards to lower prices, investors accepting losses (red).
Horizontal bands are dense areas of where coins last moved, hence strong price discovery, acting as support and resistance.
Full picture
This supply profile map is simply a contour visualisation of @glassnode's URPD charts across different dates.

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More from @woonomic

29 Mar
Let report these top fake accounts before more people get scammed 🙏🙌:

@Woonomiic1 (5456)
@Woonomicz (5427)
@woonomic5 (3157)
@Woonoom_ic (2793)
@woonnommic (1199)
@woonom1c (1002)
You're a defender of the scam-trodden by working through these 👏👏:
@_woonomlc (411)
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@woonimic (234)
@woonomci (219)
@wo0nomic (195)
@woonemic (118)
Willy Woo dedication prize goes to you reporting this bunch 😇😇:

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@WilliWoonomic (13)
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Read 5 tweets
26 Mar
According to CT, NZ Pension fund deployed 5% into BTC back in Oct 2020 (2 months after MicroStrategy).

Sep 2020 it was $1.75b NZD AUM. That's roughly a $60m USD buy of BTC.

cointelegraph.com/news/new-zeala…
BTC would represent 20%+ of the fund in March 2021. I imagine they would have rebalanced since then, selling down some of their GBTC the last few weeks, given it's a diversified fund.
This is probably the original article from Stuff. It cites $350m AUM, some mismatch from my own search finding $1.75b AUM Sep 2020.

stuff.co.nz/business/12463…
Read 4 tweets
25 Mar
Hmmmm..... Rick Astley spotted buying the dip, rabidly.
Zooming in from weekly to daily... oh yes. Today we have a new all-time-high in BTC leaving the exchanges for 2021. And a new dip buying prize to award.
It's also a new Rick Astley high score.

Remember, the red bars is the daily count of coins moving to Rick Astley, the HODLer of last resort, who never gives up or deserts BTC.
Read 4 tweets
23 Mar
The 2015 -> 2017 bull market
"Making a name"

Density map of the coin supply at the price they last moved. #Bitcoin
The 2012 -> 2013 bull market
"Mt Gox and Silkroad"
The 2019 -> 2021 bull market
"The Herd"
Read 4 tweets
19 Mar
A tale of 3 charts...

From March 2020, #Bitcoin undergoes steep and continued supply shock in sync to USD money printing.

1) Speculative inventory on exchanges deplete.
2) Supply held by speculative "weak hands" deplete.

These are the coins held by wallet users that have a history of selling coins.

This is conservative as BTC held by "strong hands" using exchanges as custody will be classified as "highly liquid" / "weak hands" in this chart.
3) USD money printing took a steep inflationary jump starting March 2020.
Read 6 tweets
16 Mar
Appreciate the dialog @ki_young_ju.

1) me: Whales dumping Gemini is bogus data
2) @glassnode: it's an internal transfer
3) @cryptoquant_com: it's an external transfer
4) @coinmetrics: it's BlockFi

Me: warning 28,300 traders of whales dumping needs fact-checking.
Full chrono breakdown of events as they came to me.

TLDR; Ultimately we have a responsibility to fact-check and take all due care before releasing data.
Markets dumped immediately after @cryptoquant_com issued a warning of Whales dumping into Gemini.

It's actually the second time in a month that this occurrence has happened.
Read 11 tweets

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