Bitcoin Holder Decline Amid ETF Inflows And Mt. Gox Payouts

Bitcoin Holder Decline Amid ETF Inflows And Mt. Gox Payouts

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Source: TheMerkle.com

The number of Bitcoin holders, defined as any wallets with more than zero coins, has been dropping sharply. Traders seem to believe that the all-time high (ATH) reached in March was the peak for 2024.

Despite this pessimism, mass liquidations often set the stage for a rebound.

👋 Bitcoin's amount of holders (any wallets with >0 coins) have been dropping aggressively as traders still seem to believe the March ATH

Read More https://themerkle.com/bitcoin-holder-decline-amid-etf-inflows-and-mt-gox-payouts/

The post "Bitcoin Holder Decline Amid ETF Inflows And Mt. Gox Payouts" appeared first here TheMerkle.com.

Source: TheMerkle.com

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