Cryptocurrency News

That’s not hodling! Over 50% of Bitcoin addresses still in profit

2022.06.21 14:31

That’s not hodling! Over 50% of Bitcoin addresses still in profit
That’s not hodling! Over 50% of Bitcoin addresses still in profit

More than half of Bitcoin (BTC) addresses are still in profit, raising questions about the severity of the current “bear market.”

Data from on-chain analytics firm Glassnode confirms that as of June 20, 56.2% of addresses were still worth more in United States dollar terms than when their coins entered them.

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