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CryptoGlobe

2023-01-13 03:26:00

$BTC: ‘Massive’ Accumulation Sees 13% of Bitcoin’s Supply Return to Profit

$BTC: ‘Massive’ Accumulation Sees 13% of Bitcoin’s Supply Return to Profit

Around 13% of the flagship cryptocurrency’s circulating supply has returned to a state of profit, meaning it was acquired below the current price of Bitcoin ($BTC), which at the time of writing is slightly above $18,000. According to data from on-chain analytics firm Glassnode, after Bitcoin’s recent rally to surpass the $18,000 mark, a significant

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