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IntoTheBlock: The average purchase price of 220,000 active Bitcoin addresses is approximately $68,500, forming potential support

IntoTheBlock: The average purchase price of 220,000 active Bitcoin addresses is approximately $68,500, forming potential support

Bitget2024/10/21 07:43
BTC+0.54%

ChainCatcher news, IntoTheBlock posted on X stating that with Bitcoin consolidating near its historical high, over 320,000 active addresses are operating within this price range.

It's worth noting that the average purchase price of about 220,000 addresses is approximately $68,500. This indicates a strong interest and potential support at this key level.

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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