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IntoTheBlock: Nearly 850,000 addresses bought 480,000 BTC at an average price of $52,125

IntoTheBlock: Nearly 850,000 addresses bought 480,000 BTC at an average price of $52,125

CointimeCointime2024/02/20 08:53
By:Cointime

According to IntoTheBlock data, 848,390 addresses bought 481,710 BTC (worth $25 billion) at an average price of $52,125. These addresses are currently in a loss position and may create selling pressure when their positions reach breakeven.

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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.

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