The Ledger Speaks: Bitcoin’s $62k Retreat Is a Liquidity Forensics Case, Not a Macro Headline
At block height 842,000, a single wallet—address 1L6o…Z9f—moved 12,500 BTC to...
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At block height 842,000, a single wallet—address 1L6o…Z9f—moved 12,500 BTC to...
Fear
Market Sentiment
92 million ARB released
Team and early investor shares released
Improves data availability sampling efficiency
Circulating supply increases by about 2%
Block reward reduced to 3.125 BTC
Block reward halving event
Raises validator limit and account abstraction
Independent validator client goes live on mainnet
Bitcoin Season