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
New York gold prices fell on the 31st
CME Group reduces WTI futures contract size to 10 barrels, allowing oil trading with just $860
Mirai Nihon Ventures buys JR Kyushu’s Nurubon stake via subsidiary Niku Honpo Japan
Oddity Tech CFO Lindsay Drucker Mann disposes of 39,360 common shares worth $587,688.94
Crypto prices
More
