FTX Collapse Sees Lengthy-Time period Bitcoin Holders Shift to Distribution

FTX Collapse Sees Lengthy-Time period Bitcoin Holders Shift to Distribution

by Jeremy

One other metric, the long-term holder internet place change, exhibits greater than 48,000 BTC had been spent within the week ended Nov. 13. Glasnode defines long-term holder provide because the one that’s statistically the least more likely to be spent. As well as, greater than 97,000 BTC that had been inactive or dormant for over a yr moved final week and probably returned to the cryptocurrency’s circulating provide.

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