Key takeaways
Bitcoin’s realized cap has hit a record $1 trillion, while billions in short positions could trigger a sharp rally if BTC climbs toward $120K.
Bitcoin’s [BTC] catching its breath, but the market is anything but quiet.
The king coin is at a calmer phase after weeks of frenzied trading, even as realized capital just notched an unprecedented $1 trillion milestone.
Add in nearly $2 billion in shorts stacked for liquidation at the $120K mark — Bitcoin’s next move will not be far away.
A milestone beyond price
Active supply cools
Next: Ethereum: As Wall Street pulls back, is retail keeping ETH alive?
