Bitcoin gets positive signals
According to analysts at Glassnode, in the past week, the total balance of wallets whose owners have held Bitcoin for 155 days or more has increased by nearly 44,000 BTC and reached an all-time high. There are currently about 14.599 million bitcoins in supply, which is 75% of the maximum amount. In addition to that, the CEO of CryptoQuant, Ki Young Ju, noted that many big investors opened long positions at $29,000 per BTC. Such behaviour from market participants supports the pioneer cryptocurrency.
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