Bitcoin saw a massive increase of activity among long-term investors and whales; are they selling?
A closer look at the data shows interesting patterns when breaking down long-term holder spending by age cohort. The group of holders that have held Bitcoin for a period between 6 months to 12 months appears to be the most active in terms of spending. Their transaction volume is three times that of all other long-term holder cohorts, those who have held Bitcoin for a year or more.
Delving deeper into the transaction patterns of the 6-month to 12-month holder group, we find that 92% of their potential acquisition days are currently profitable relative to the current Bitcoin spot price.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Biden and Bitcoin: A Second Term Showdown? | HackerNoonDiscover the potential impact of Biden's re-election on Bitcoin. Explore regulatory changes, market sentiment, and the crypto landscape. Bitcoin's resilience, - crypto bitcoinbullmarket
Baca lebih lajut »
Perspective | As Washington dithers, ‘unsustainable long-term fiscal future’ loomsPerspective: The debt limit debate highlights how the nation is on an 'unsustainable' fiscal path, as detailed in a new report from the Government Accountability Office on deficits.
Baca lebih lajut »
Induced hibernation-like state in mice could be key for long-term space travelThe Washington University in St. Louis team used non-invasive ultrasound to stimulate the hypothalamus preoptic area of the brain. Find out more at 🚀 engineering interestingengineering
Baca lebih lajut »
Despite deal, Colorado River's long-term water crisis remains unsolvedA proposed deal for California, Arizona and Nevada to take less water from the over-tapped Colorado River depends heavily on $1.2 billion in federal funds, which will pay farmers and others who agree to give up some of their supply over the next 3 years
Baca lebih lajut »
Military must focus on short- and long-term challenges of climate change, report findsClimate change may imperil the U.S. military's ability to train troops, maintain equipment and facilities, and operate effectively both at home and abroad, according to a new report on global warming's effect on national security.
Baca lebih lajut »
Toyota Land Cruiser 2023 long-term test | AutocarWe've just added the Toyota Land Cruiser to our long-term fleet - does the motor industry have any lessons to learn from the most old school of SUVs?
Baca lebih lajut »