Long Term Holders Appear Optimistic as Most Bitcoin Addresses Are Profitable: Data
Data from on chain analytics firm Glassnode shows a full 70 of bitcoin addresses are profitable Coin Desk's Glenn Williams Jr noting the Percent Addresses in Profit indicator illustrates the percentage of unique addresses whose average purchase price sits below the current price for bitcoin Historically readings below 50 have indicated that BTC is oversold [...]
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Mar 3, 2023 at 8:42 p.m. UTC
Mar 3, 2023