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via Decrypt · By Decrypt Editorial
Bitcoin Whales Are Pulling Back as Activity 'Mirrors' 2022 Bear Market: Analysts
BTC
BTC/USDT
$64,666.00
+0.51%
$64,666.00
+0.51%
(24s)24h Volume
$18,431,420,539.09
24h H/L
$65,176.60 / $63,267.34
Change: $1,909.26 (3.02%)
Long/Short
57.5%
Long: 57.5%Short: 42.5%
Funding Rate
+0.0054%
Longs pay
Data provided by COINOTAG DATALive data
DE
Decrypt Editorial(05:58 PM UTC)
1 min read
In brief
- A new CryptoQuant report shows that larger Bitcoin holders are shedding Bitcoin or adding more slowly than usual.
- The trend "mirrors" that of 2022's bear market, analysts said, when Bitcoin fell from more than $47,000 to $15,000.
- As it stands now, Bitcoin is 42% off its all-time high price set last October.
The largest Bitcoin holders are parting ways with their holdings, with the…
COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.
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