News
(Rejected) BTC HODLers Still Stucking Up As Price Hits 39k
Bitcoin Hodlers are still keeping their BTC assets as the price cripples between 30K to 40k and settling currently at 39k even though you bought with a lesser price.
Crpto whales has been busy acquiring more BTc which are numbered about 90,000 at a total cost of $367 billion within the last 25 days.
This was revealed by Santiment, crypto market data aggregator on June 16, 2021, that keeps a close tab on wallet addresses that holds between 100 and 10,000 Bitcoins.
#Bitcoin addresses holding between 100 to 10,000 $BTC have accumulated 90,000 more $BTC in the last 25 days. They now hold a 7-week high of 9.11m $BTC, currently worth a total of $366.89 Billion at this time, and 48.7% of the total #Bitcoin supply. says Santiment.
Not just the traders, BTc minners are also seen to be stucking up their BTc assests as their withdrawal on weekly basis within the last 5 months has reduced drastically to berely $1.7 million. This wis disclosed by Glassnode, an on-chain analytics provider.
Lark Davis, a market analyst believes that Bitcoin price could hit $43k if it gatheres enough strenght from the community.