The realized cap of Bitcoin hit an all-time high just like in February 2020 when BTC price marked a local top.
Source: https://cointelegraph.com/news/bitcoin-realized-cap-hits-new-high-similar-to-pre-march-3k-crash
Bitcoin ‘Realized Cap’ Hits New High Similar to Pre-March $3K Crash
June 19, 2020
CoinTelegraph