The article reviews this week's on-chain anomalies of nine major tokens, arguing that stablecoins actively sweeping up supply better represents spot buying pressure, and that most large transfers are neutral reallocations.
A Telegram post claims that Bitcoin rose in Q3 by 43.5%, while Ethereum rose by 71%, attributing the trend to ETF demand and spot buying. The post provides no data source or statistical methodology.
Bitcoin rose approximately 16% in one week and reached USD 87,307 intraday on September 21; analysts said ETF inflows, short liquidations, and falling oil prices jointly drove the rebound.
