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Some of Bitcoin’s and the largest owners sold their propertyEven as the Crypto Currency Recently reached a new record.
3rd June Analyst Willy Woo divided into x that the wallets holding over 10,000 BTC
Btc
104.736,56 USD
They have been constantly transferring coins since 2017.
These are longtime owners who first bought Bitcoin When it was worth between $ 0 and $ 700. Many of them have retained their coins for more than a decade.
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Woo shared a chart showing that Total Bitcoin held by this group has fallen by about 40% in the last eight yearsfrom about 2.7 million BTC to approximately 1.6 million.
Despite the recent increase in prices, Woo said that buying bitcoin at current levels may be not attractive in the short term. However, he still believes in the crypto currency could show that a strong investment in the next ten years.
In addition, blockchain data firm glass reported to Ox that a profit increase has occurred after Bitcoin He reached his all time in the amount of $ 111,000 on May 22.
According to their data, The average BTC sold at that time brought a profit of about 16%. They noted that only a small percentage of past days of trading was more profitable.
In the meantime, Bitcoin’s response to the US-Kine trade agreement could reveal whether the cryptocurrency was truly observed as a safe haven during global economic insecurity. What did the crypto community say about it? Read the whole story.
After a master’s degree in economics, politics and culture of the East Asia region, Aaron wrote scientific papers by analyzing the differences between Western and collective forms of capitalism in the Era after World War II.
Considering the decade of experience in Fintech industry, Aaron understands all the biggest questions and struggles that cryptocurrency lovers face. He is an avid analyst who deals with the content based on data and facts, as well as the one who speaks to the web3 natives and the newcomer in the industry.
Aaron is a person for everyone and for all related to digital currencies. With a huge passion for Blockchain & Web3 education, Aaron tries to transform the space the way we know it and make it more affordable to complete beginners.
Aaron quoted more established outlets and was the author himself. Even during her free time, she enjoys exploring market trends and looking for the next Supernova.
