BTC whale realized price drops below $69,000, similar situation in 2022 lasted for 7 months
PANews reported on February 10 that, according to OnChain monitoring, during the recent market downturn, the BTC price has fallen below the realized price of whales holding between 100 and 1,000 BTC (approximately $70 million to $700 million). Current data shows that this realized price is $69,000. Notably, the last time a similar situation occurred after reaching an all-time high was in June 2022, when the BTC price remained below the realized price for about seven months.
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.
You may also like
For the first time in nearly 30 years! 500 million euros equivalent deployed as funds, New York Fed report confirms joint Japan-US intervention in yen exchange rate
The New York Federal Reserve released a report on Thursday confirming earlier market news that the US Treasury used approximately 500 million USD equivalent in euros, which it holds, to support the Japanese yen in a coordinated intervention with Japan on July 31.
Nearly $600 Million in Crypto Longs Liquidated as Bitcoin and Ethereum Fall to August Lows
Crypto prices
More
