Data from IntoTheBlock shows that addresses who hold bitcoin for less than a month have a decrease in supply. Bitcoin fell by $10,000 in less then a week, according to IntoTheBlock.
In the last few weeks, Bitcoin experienced one of its most severe corrections in USD value. Bitcoin experienced one of its worst corrections in terms of USD value over the past few weeks. It traded at $43,500 on January 20, before falling by more than $10,000 to a low below $33,000 six months later. Some people even buy the dip. This is evident by whales and the first country to legalize the asset – El Salvador.
The Balance by Time Held indicator shows traders how they – address holding for
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