New YorkBitcoin’s 2015 rally took $69 billion; this cycle took $697 billion.
Realized capitalization, which values coins at their last-moved price, shows each cycle needs exponentially more money for a smaller percentage gain, CryptoQuant’s Ki Young Ju said.
Another parabolic run needs over $1 trillion in fresh inflows, even as spot ETF outflows hit records.
Sources: CoinDesk