What's Hot

    SEC may threaten bitcoin miners

    25.07.2023

    Google Bard Predicted Bitcoin Price After Halving

    25.07.2023

    Namibia creates agency to control digital assets

    25.07.2023
    Facebook Twitter Instagram
    Sunday, September 24
    Facebook Twitter Instagram
    Crypto News
    • Home
    • Bitcoin
    • Ethereum
      • Altcoins
      • ICO
    • Analytics
    • Blockchain
    • Other
      • DeFi
      • Mining
      • Regulators
      • Security
    Crypto News
    Home»Bitcoin»large holders accelerated the accumulation of bitcoin
    2e75a594120ae780f9e089df103af6746a24563d
    Bitcoin

    large holders accelerated the accumulation of bitcoin

    AdministratorBy Administrator22.12.2021No Comments1 Min Read
    Share
    Facebook Twitter LinkedIn Pinterest Email


    Reading time: ~ 2 m


    Analysts claim that the supply of the first cryptocurrency is declining at a rate of 100K BTC per month

    large holders accelerated the accumulation of bitcoin

    Big Bitcoin holders have accelerated the accumulation of cryptocurrency, according to research firm Glassnode. Bitcoin supply is currently decreasing at a rate of 100 thousand BTC per month. Most purchased coins are moved to wallets with little transaction history. Analysts believe that these addresses are used for long-term storage of cryptocurrency.

    In November, analysts at Glassnode said long-term holders are not getting rid of Bitcoin despite falling more than 20% from its all-time high.

    On December 22, Bitcoin is trading at $ 48.6 thousand, and its capitalization is $ 930 billion, according to CoinGecko. On November 10, the price of the asset renewed its all-time high above $ 69 thousand. Over the past six weeks, the cryptocurrency has fallen in price by 30%.




    #large #holders #accelerated #accumulation #bitcoin

    accelerated accumulation Bitcoin holders large
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Avatar of Administrator
    Administrator

    Related Posts

    SEC may threaten bitcoin miners

    25.07.2023

    Google Bard Predicted Bitcoin Price After Halving

    25.07.2023

    Bitcoin has fallen to a minimum in the last month. What to expect from the cryptocurrency industry this week?

    25.07.2023

    Azimut Group refuses to pay BlackCat bitcoin ransomware

    25.07.2023
    Add A Comment

    Leave A Reply Cancel Reply

    Recent Posts
    • SEC may threaten bitcoin miners
    • Google Bard Predicted Bitcoin Price After Halving
    • Namibia creates agency to control digital assets
    • Experts discussed the integration of cryptocurrencies and AI at EthCC
    • South Korean prosecutor takes Kimchi award case to court
    Recent Comments
    • 수원출장 on A professor from a US university restored the Tornado Cash code to GitHub
    • 123 on Taproot support added to LND Lightning client
    • houston junk car buyer on 16,000% increase in social media mentions in 2021 Shiba inu
    • Jim Carrey Memy on Bitwise Launches NFT Tracking Index Fund
    • hotshot bald cop on Kava developers launch testnet with EVM support
    Archives
    • July 2023
    • June 2023
    • May 2023
    • April 2023
    • March 2023
    • February 2023
    • January 2023
    • December 2022
    • November 2022
    • October 2022
    • September 2022
    • August 2022
    • July 2022
    • June 2022
    • May 2022
    • April 2022
    • March 2022
    • February 2022
    • January 2022
    • December 2021
    • November 2021
    • October 2021
    • September 2021
    • August 2021
    • July 2021
    • June 2021
    • May 2021
    • April 2021
    • March 2021
    • February 2021
    • January 2021
    • December 2020
    Categories
    • Altcoins
    • Analytics
    • Bitcoin
    • Blockchain
    • Ethereum
    • ICO
    • Mining
    • Other
    • Regulators
    • Security
    Meta
    • Log in
    • Entries feed
    • Comments feed
    • WordPress.org
    Top Posts

    Subscribe to Updates

    Get the latest sports news from SportsSite about soccer, football and tennis.

    Advertisement
    Demo
    Facebook Twitter Instagram Telegram
    • Home
    • Bitcoin
    • Ethereum
    • ICO
    © 2023 Bt-Crow.com - CryptoNews

    Type above and press Enter to search. Press Esc to cancel.