Glassnode Analysis: As the Market Recovers, 3 Million BTC Return to Profitability
According to Foresight News, analysis by glassnode indicates that when the market was near a local low of $74,000, over 5 million BTC were in a loss state. However, as the market recovered, this number has decreased to around 1.9 million BTC, indicating that over 3 million BTC have returned to a profitable state.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Infrastructure software provider Antithesis completes $105 million Series A funding round, led by Jane Street
Georgia signs memorandum of understanding with Hedera to explore on-chain real estate registration and tokenization
Parataxis Holdings plans to acquire Sinsiway for $27 million and transform it into an ETH asset management company.
Trending news
MoreCrypto prices
More
