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Coinpedia
2024-05-07 10:50:17

Bitcoin Surges But Most Addresses Stay “At The Money”!

The post Bitcoin Surges But Most Addresses Stay “At The Money”! appeared first on Coinpedia Fintech News The current Bitcoin price action marked a robust 10% surge over the past week to a price of $63,982. However, the distribution of addresses profitability offers slightly different underlying dynamics. With almost 49.83k addresses,14.03% of total active addresses, are ‘In the Money’, enjoying profits due to the recent price hike. In contrast, 20.29k addresses (5.71%) …

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