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Bitcoin (BTC) Addresses In Loss Has Reached New 1-Month High

Published 01/08/2023, 11:50
Updated 01/08/2023, 14:15
© Reuters. Bitcoin (BTC) Addresses In Loss Has Reached New 1-Month High

  • According to Glassnode, the number of BTC addresses in loss (7d MA) reached a new 1-month high.

  • Meanwhile, the number of BTC addresses with 0.01+ coins and non-zero BTC addresses reached new ATHs.

  • BTC was at risk of falling to the next crucial support level at $26,470 in the next week.

According to a Twitter post by the on-chain analytics firm Glassnode earlier today, the number of Bitcoin (BTC) addressed in loss (7d MA) reached a new 1-month high of 14,043,772.351. The post added that the previous 1-month high of 14,041,288.054 was recorded on July 31 of 2023.

It is, however, also worth noting that Glassnode’s data further indicated that the number of BTC addresses holding 0.01+ coins has reached a new all-time high (ATH). The new ATH now stands at 12,221,783.

Additionally, the on-chain data analytics firm also indicated that the number of non-zero BTC addresses has reached …

The post Bitcoin (BTC) Addresses In Loss Has Reached New 1-Month High appeared first on Coin Edition.

The post Bitcoin (BTC) Addresses In Loss Has Reached New 1-Month High appeared first on Coin Edition.

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