Keshav has written for many years, first as a lover and later as a freelancer. He has worked in various niches and even fiction at some point, but the cryptocurrency industry was the longest he’s obsessed with.

Regarding official educational qualifications, Keshav holds a bachelor’s degree in physics from Delhi University (DU), one of India’s best labs. He eventually began his degree with the aim of creating a career in physics, but the onset of Covid led to a change in his plan. The virus meant that university classes had to be offered online mode, making it a free time for him to explore other passions.

Initially, Keshav, who wanted to make money on beer, unexpectedly landed a client offering real projects, but then never looked back. Writing was something he always enjoyed, and being able to do it for a living was like a dream.

Keshav received his degree in physics in 2022 and has since focused on his writing career, but that doesn’t mean that his passion for physics is over. He plans to eventually re-enter the university to earn a master’s degree in the same field, but perhaps only to fulfill his own interests, rather than using it as a means of finding employment.

Since starting to descend Rabbit Hole in 2020, Keshav has discovered blockchain and its concepts are fascinating. In particular, on-chain analysis is something he likes to study more.

As it is a science background, Keshav likes when concepts are clear and consistent, so he generally explains the indicators he speaks in a bit more detail so that readers can come up with what they understand and learn.

As for hobbies, Keshav is very interested in soccer, anime and video games. He enjoys playing soccer not only as a watcher but also as a player. In the case of games, Keshav generally tends to enjoy single-player adventures, with EA FC (formerly FIFA) being the only online game he is active in. Perhaps due to his super focus on the game, he is today a semi-pro for the EA FC scene, regularly taking part in tournaments and sometimes regaining bounties.

Due to his enthusiasm for anime and games, he also self-learned Japanese to consume some of the untranslated gems. The skills were simply not left as a hobby. He fulfilled some of his Japanese-to-English translation jobs, placing it in productive use during his quest for small gigs at the start of Covid.

Keshav also has become a major part of his program as he has grown into fitness and agility and acceleration-related training are related to football. In addition to that, he also has a more traditional strength-based program for the gym. This is done to maintain his overall fitness level.

Sentiment in the crypto industry can shift quickly.

According to Glassnode data, all bitcoin

wallet cohorts are currently in some form of distribution. The Accumulation Trend Score (ATS), broken down by wallet cohort, helps measure the relative strength of accumulation or distribution across entity sizes.

This metric evaluates accumulation strength by considering both the size of the entities and the amount of bitcoin acquired over the past 15 days.

• A score closer to 1 indicates accumulation.
• A score closer to 0 indicates distribution.
  Exchanges, miners, and certain other entities are excluded from the calculation.

At present, from large holders with more than 10,000 BTC to small wallets holding less than 1 BTC, all cohorts appear to be in distribution. This marks a sharp reversal from just over a week ago, when all groups were in accumulation mode as bitcoin reached new all time highs above $124,000.

The current phase of distribution reflects profit taking. Historically, bitcoin tends to correct shortly after setting new record highs. The aggregate Accumulation Trend Score has printed 0.26, remaining below 0.5 for the past several days.

Bitcoin has posted four consecutive green months from April through July. However, August is often characterized by quieter trading activity and reduced volume. In fact, the last three Augusts each saw corrections in the double-digit percentage range.