Earlier today, the Bitcoin (BTC) price crashed to under $45,000 after Elon Musk raising speculations of Tesla possibly selling Bitcoins anytime ahead. Later Musk kinnitatud that Tesla hasn’t yet sold its holdings. However, the damage was already done.
As the FUD hit the crypto market, the on-chain volume shows that the short-term Bitcoin holders ended up booking major losses while losing their supplies to long-term holders and miners.
The net miner position and the net long-term holder positions continued to improve and remain positive. As on-chain data provider Glassnode reported:
Selle lugu #bitsiin kasta 4 graafikut ⛓️
Suurem osa ketisisesest mahust tuli lühiajalistelt omanikelt, kes kapituleerusid lõpuks kahjumiga 🪦
Samal ajal laovad pikaajalised hoidjad ja kaevurid sats üha kiiremini, ostes selgelt dipi 💪 pic.twitter.com/TSa37T17nV
- lahjenduskindel (@ lahjenduskindel) Võib 17 2021
These short-term holders continued to deposit major Bitcoins to exchanges. As CoinGape teatatud, the Bitcoin exchange supply continued to surge during this period. At the other end, the Bitcoin (BTC) accumulation addresses also jätkas to surge further. Another on-chain data provider Skew also noted that Bitcoin’s implied volatility surged to a new 2021-high over the weekend.
#biquoin implied volatility spiked to highest level in a year this weekend pic.twitter.com/YY358Ent4K
- viltu (@skewdotcom) Võib 17 2021
Bitcoin (BTC) Dormant Coins Movement Turns Stagnant
Earlier today, on-chain data provider Santiment also noted that the recent dips in BTC and ETH prices are leading to stagnancy in the movement of dormant coins.
Before today’s Bitcoin price crash the BTC price was struggling to breach the $50,000 resistance. Over the last month, Bitcoin has continued to remain under pressure while altcoins were leading the market rally. While long-term holders have continued accumulating during this downturn, traders have been kõhklev to buy the dips recently.
Recently, after Tesla and Elon Musk denouncing Bitcoin citing environmental concerns, Twitter CEO Jack Dorsey came to the rescue saying “bitcoin changes everything for the better”. He also lisatud that they will continue to work forever to make the Bitcoin ecosystem better.
Jack Dorsey’s digital payments company Square has invested over $150 million in Bitcoins over the last few months. The company announced that there’s no change at all in its Bitcoin strategy.
Source: https://coingape.com/long-term-holders-continue-accumulating-bitcoin-btc-amid-bloodbath/
- '
- &
- 000
- absoluutne
- Materjal: BPA ja flataatide vaba plastik
- Altcoiinid
- teatas
- auto
- avatar
- Bitcoin
- Bitcoin Hind
- blockchain
- Plokkheli tehnoloogia
- piir
- rikkumine
- BTC
- btc hind
- ostma
- Ostmine
- tegevjuht
- muutma
- Äritegevus
- Mündid
- ettevõte
- sisu
- jätkama
- krahh
- krüpto
- Krüptoturg
- cryptocurrencies
- cryptocurrency
- andmed
- digitaalne
- Digitaalmaksed
- Ökonoomika
- ökosüsteemi
- Elon Musk
- keskkonna-
- ETH
- vahetamine
- Vahetused
- rahastama
- finants-
- FINTECH
- järgima
- tasuta
- Georgia
- Klaasisõlm
- hea
- hoidma
- HTTPS
- huvi
- investeerimine
- teadmised
- juhtivate
- õppimine
- Tase
- Pikk
- peamine
- Turg
- turu uuring
- turud
- miljon
- Kaevurid
- kuu
- neto
- Arvamus
- Muu
- maksed
- surve
- hind
- Hinnakrahh
- ralli
- teadustöö
- Ekraan
- Jaga
- oskused
- müüdud
- Sponsorite
- ruut
- Strateegia
- varustama
- hüppeline
- Tehnoloogia
- Teslal
- aeg
- ülemine
- jälgida
- Ettevõtjad
- puperdama
- Uudised
- us
- Lenduvus
- maht
- nädalavahetus
- Töö
- aasta