- Bitcoin short-term investors are still maintaining a 7.9% profit despite the recent decline.
- Glassnode reported that the average purchase cost of Bitcoin is $86,800, which is likely to be an important area in price momentum.
- Bitcoin short-term investors are still holding the support area despite price fluctuations.
STAT AI Notice
- The article was summarized using an artificial intelligence-based language model.
- Due to the nature of the technology, key content in the text may be excluded or different from the facts.
Image = Glassnode X Capture
Bitcoin (BTC) short-term investors are still in a profitable state despite the recent decline.
On the 30th, the on-chain crypto asset analysis platform Glassnode analyzed, "Despite the price decline of Bitcoin, the unrealized profit of short-term investors is still recording 7.9%."
Glassnode added, "The average purchase cost (average cost) of short-term investors is located near $86,800, which is likely to be an important (support) area in price momentum."
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.PiCK News
US January ISM Non-Manufacturing PMI 52.8…"Below Expectations"
3 hours ago
US January Service PMI Final at 52.9, Slightly Exceeds Market Expectations
4 hours ago
US Job Market Starts Strong This Year... Will Fed's 'Cautious Rate Cut' Gain Momentum?
4 hours ago
U.S. January ADP Nonfarm Employment at 183,000... Far Exceeds Wall Street Expectations
5 hours ago
Today, Major Exchanges See Inflow of 130 Billion USDC... "4 Times the Average Annual Daily Inflow"
7 hours ago
Ranking News