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Currently, 1.87 million addresses have accumulated approximately 730,000 BTC in the range of $41,200-42,400.

Currently, 1.87 million addresses have accumulated approximately 730,000 BTC in the range of $41,200-42,400.

Cointime2023/12/18 10:04
By: Cointime
BTC+2.43%

According to on-chain analyst Ali, data shows that within the current price range of $41,200-$42,400 for Bitcoin (excluding the key supply area), 1.87 million addresses hold a total of 730,000 BTC. If the market continues to decline, these holders may choose to sell to reduce losses, and the next demand area could be in the range of $37,500-$38,700, where approximately 1.28 million addresses hold around 553,000 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.
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