Glassnode: BTC Address Reuse Reaches 4.33M Coins

Glassnode reports that most BTC with visible public keys remains exposed via address reuse, with balances in those addresses climbing from 3.79M to 4.33M BTC over the past year and now representing 21.5% of circulating supply.

Bitcoin trades at $81734.15 inside its Bollinger band, testing near the lower support at $80854.49 while the EMA50 at $84138.89 caps upside and the EMA200 at $82175.21 offers nearby resistance; the MACD death cross at -895.31 reinforces the bearish trend structure even as RSI at 30.92 stays neutral, suggesting any relief rally would likely stall at the 200-EMA before fresh downside pressure develops. Analysts tracking BTC price prediction models and crypto market crash scenarios should monitor whether fresh address migration reduces this exposure before the next volatility spike.