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Bitcoin supply in loss at 68% after BTC price drop from $31k local top - BTC Ethereum Crypto Currency Blog
Bitcoin supply in loss has risen to 68%, with 6.67 million BTC under water water at current spot price. Indeed, on-chain data shows 2.71 million BTC has fallen into loss as Bitcoin price dropped from the $31k local top. With sell-side risk ratio approaching its all-time lows, Glassnode analyst James Check says BTC could see More
Bitcoin supply in loss at 68% after BTC price drop from $31k local top - BitcoinWarrior
Bitcoin supply in loss has risen to 68%, with 6.67 million BTC under water water at current spot price. Indeed, on-chain data shows 2.71 million BTC has fallen into loss as Bitcoin price dropped from the $31k local top. With sell-side risk ratio approaching its all-time lows, Glassnode analyst James Check says BTC could see […]
Bitcoin's Short-Term Holders Are Again Selling at Profit - BTC Ethereum Crypto Currency Blog
Bitcoin's (BTC) near-term outlook appears constructive as blockchain data show short-term holders of the cryptocurrency are moving coins at a profit.The seven-day moving average of the short-term holder's (STH) spent output profit ratio (SOPR) has recently moved back above 1, according to blockchain analytics firm Glassnode."After a brief stint of coins moving at a loss More
Short-term Bitcoin holders sell profits – positive for near-term price movements | coindesk JAPAN | Coindesk Japan
\nThe short-term outlook for the cryptocurrency looks positive as blockchain data shows short-term holders of Bitcoin (BTC) are profiting.\nAccording to blockchain analytics firm Glassnode, the 7-day moving average of short-term holders’ SOPR (Spent Outpu