Bitget App
Trade smarter
Open
HomepageSign up
Bitget>
News>
Data: Currently, about 1.87 million addresses have accumulated approximately 730,000 BTC in the range of $41,200 to $42,400

Data: Currently, about 1.87 million addresses have accumulated approximately 730,000 BTC in the range of $41,200 to $42,400

Bitget2023/12/18 10:25
BTC+1.70%

According to data revealed by on-chain analyst Ali, the Bitcoin price has fallen below a key supply zone. Within the current price range of $41,200-$42,400, there are 1.87 million addresses holding a total of 730k BTC; if the market continues to slump, these holders may choose to sell off their holdings to minimize losses. If selling pressure increases, the next demand zone could be in the $37,500-$38,700 range where currently about 1.28 million addresses hold approximately 553k BTC.

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.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Trending news

More
1
Total open interest in Ethereum contracts across the entire network surpasses $48 billion.
2
Base TVL reaches $15.26 billions, with a 7-day increase of 5.93%

Crypto prices

More
Bitcoin
Bitcoin
BTC
$113,517.93
+1.94%
Ethereum
Ethereum
ETH
$4,071.18
+3.51%
Tether USDt
Tether USDt
USDT
$1
-0.02%
XRP
XRP
XRP
$2.63
+1.00%
BNB
BNB
BNB
$1,127.95
+1.49%
Solana
Solana
SOL
$199.25
+3.53%
USDC
USDC
USDC
$0.9999
-0.00%
Dogecoin
Dogecoin
DOGE
$0.2027
+2.96%
TRON
TRON
TRX
$0.2996
+0.59%
Cardano
Cardano
ADA
$0.6755
+3.24%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now
Trade smarter