Over 800,000 encrypted addresses hold nearly 270,000 BTC
2024/02/12 11:47
According to data from IntoTheBlock, over 800,000 crypto addresses hold nearly 270,000 BTC ($12.96 billion), with an average acquisition cost of $48,491. Once the price of cryptocurrency rises to $48,491, some of these addresses may liquidate their Bitcoin holdings, thereby stopping the bullish momentum.
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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