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Crypto
HT,BNB
Bitcoin Cash(BCH)

$237.65

0.75%

Market Cap
4.67b
 

0.75%

Volume (24h)
140.09m
 

-23.98%

Released on 23 Jul 2017
Crypto News
Crypto News
Jack Dorsey-Led Block Witness High Profits on Bitcoin Sales Via Cash App
2 days ago
AZCoinNews
AZCoinNews
followers

The recent surge in Bitcoin price has triggered a wave of exchange inflows from long-term holders who are looking to take profits or cut losses, according to data from CryptoQuant. On February 14, 2024, Bitcoin broke the $51,000 mark for the first time in 2024, reaching a high of $51,487. This was followed by an influx of 5,153 BTC from holders who had bought their coins between six and 12 months ago, as shown by the orange band in the chart below. These holders had accumulated Bitcoin during the recovery period of 2023, when the price ranged from $20,000 to $32,000, and were likely to sell at a profit. Another notable spike in exchange inflow came from the holders who had bought their coins between three and five years ago, as indicated by the black band in the chart. These holders had acquired their assets during the bull run from 2019 to 2021, and some of them may have exited the market at their break-even point, considering that the Bitcoin price was at $48,000 on February 14, 2021. The exchange inflow of long-term holders (LTH) can be seen as a sign of the transition from LTH to short-term holders (STH), who are more likely to sell or trade their coins in response to market fluctuations. This transition often leads to short-term price corrections, as the supply of Bitcoin increases and the demand decreases. However, compared to the LTH exchange inflow in previous cycles, this scale is relatively small, suggesting that most LTH are still confident in the long-term value of Bitcoin and are holding on to their coins. The LTH supply ratio, which measures the percentage of Bitcoin supply held by LTH, is still above 80%, indicating a strong conviction among LTH. Source: https://azcoinnews.com/bitcoin-holders-cash-in-as-price-reaches-new-highs.html

3 days ago
创投仝春
创投仝春
followers

[Those who don’t have off-site income can’t store coins] There is no off-site cash flow. Listen carefully and go to work when you should. The overdraft in the full-time currency circle is very serious for health. At least you don’t have to pay for social security when you work. If you are over 30 years old, A minor illness or disaster will kill you with a dull knife. 🥹 Although I entered the currency circle relatively early in 2013, I encountered the black swan of health later on. In 2016, I was a full-time currency speculator, staying up late and sitting for long periods of time, and developed stones (I had stones 1 year earlier than Sun Yat-sen); at that time, the price of Bitcoin dropped sharply. I was hospitalized (5,000 yuan) and was completely priced out of the car, and then I never got a car again at that price. Old fans know that I traded all Ether in the last round, and then after the 312 plummeted, the price of Ether was a few hundred yuan and I cashed out to get my teeth. In fact, when I was getting my teeth, the dentist said I could swipe my social security card. I didn’t correct the problem in 2015. When Ba Jing went to work, how could he swipe his social security card to get the tens of thousands of yuan for dental implants? This is the cruel reality😂😂 #内容挖矿

3 days ago
MarsNext
MarsNext
followers

👉👉👉 #BREAKING : Reddit Announced That It Converted Its Excess Cash into Bitcoin and Ethereum! In a recent announcement, social media giant Reddit disclosed its decision to convert its surplus cash into Bitcoin and Ethereum, with plans to continue this strategy moving forward. Additionally, Reddit has expanded its payment options by adding #Ethereum and $MATIC assets for the purchase of certain virtual products on its platform. The news of Reddit's intention to go public surfaced with the submission of paperwork for an initial public offering (IPO) in the United States on Thursday. This development marks a significant milestone for Reddit, coming almost two decades after its inception. While #Reddit was valued at $10 billion in a financing round in 2021, the specific valuation the company aims to achieve during its upcoming share sale remains undisclosed. Source - en.bitcoinsistemi.com #CryptoNews #BinanceSquare

2 days ago

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