Puell multiple says we're nowhere near a cycle top. Miners aren't printing profits like peaks.
Miner outflows hit a 3-month high. Either selling tops or covering operational costs — data is ambiguous.
Cross-chain bridge volume tells you where smart money rotates before it shows in token prices.
Realized profit/loss ratio just reached a level that historically precedes significant down moves.
Exchange outflow spike von 2.3% in den letzten 4 Stunden deutet auf Selbstverwahrung hin, nicht auf Panikverkauf - die Wallets mit >1 BTC zeigen akkumulatives Verhalten während Spot-ETFs ihre 4-Wochen-Zuflussreihe brechen.
