Shaurya is the Co-Leader of the CoinDesk tokens and data team in Asia with a focus on crypto derivatives, DeFi, market microstructure, and protocol analysis.Shaurya holds over $1,000 in BTC,…
In brief
GameStop saw its stock flop after spending more than half a billion on BTC.
The iShares Bitcoin Trust just booked its best month on record, but concerns about custodian diversification…
Key Points:99% of Bitcoin UTXOs in-profit, indicating historical euphoria phase.Market suggests increased risk for late BTC investors.High-profit levels often precede market corrections.
CryptoQuant data indicates that as of May 27, 99%…
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