Glassnode Analysis: As the Market Recovers, 3 Million BTC Return to Profitability
According to Foresight News, analysis by glassnode indicates that when the market was near a local low of $74,000, over 5 million BTC were in a loss state. However, as the market recovered, this number has decreased to around 1.9 million BTC, indicating that over 3 million BTC have returned to a profitable state.
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
Hong Kong plans to promote new regulations for cryptocurrency and infrastructure to guide insurance industry investments
Bitget has launched USDT-margined IR and ZKP perpetual contracts
XRP spot ETF saw a net inflow of $82.04 million last week
SOL spot ETF saw a net inflow of $66.55 million last week
Trending news
MoreCrypto prices
More
