Over 800,000 encrypted addresses hold nearly 270,000 BTC
2024/02/12 11:47
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
A welcome pack worth 6200 USDT for new users! Sign up now!
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.
1
0
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.
Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now！
Crypto prices
More
Bitcoin
BTC
$74,292.02
-1.92%
Ethereum
ETH
$2,120.5
-5.03%
Tether USDt
USDT
$0.9988
+0.03%
BNB
BNB
$684.08
-1.71%
USDC
USDC
$0.9998
+0.01%
XRP
XRP
$1.09
-6.05%
Solana
SOL
$86.24
-3.23%
TRON
TRX
$0.3169
-1.07%
Zcash
ZEC
$1,214.32
-3.76%
Hyperliquid
HYPE
$74.23
-4.07%
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