[Bitcoin exchange off-exchange traffic reaches a one-month high, investors continue to accumulate BTC]
The U.S. Securities and Exchange Commission’s (SEC) regulatory crackdown on cryptocurrencies has rocked the entire cryptocurrency market, causing major cryptocurrencies including Polygon’s MATIC, Cardano (ADA), and Solana (SOL) to experience double-digit losses overnight, Bitcoin’s decline was relatively small. According to Glassnode’s on-chain data, Bitcoin’s exchange outflows (7-day moving average) have reached a 1-month high of $39,781,339.94. In contrast to the market turmoil, recent data suggests that Bitcoin holders who prefer to hold onto their Bitcoin rather than pursue quick profits have remained steadfast. The price of Bitcoin is trading at $25,627, down 4% in the past 24 hours.
In every round of panic decline, there are always some smart money hoarding Bitcoin! #合约锦标赛 #BTC
The U.S. Securities and Exchange Commission’s (SEC) regulatory crackdown on cryptocurrencies has rocked the entire cryptocurrency market, causing major cryptocurrencies including Polygon’s MATIC, Cardano (ADA), and Solana (SOL) to experience double-digit losses overnight, Bitcoin’s decline was relatively small. According to Glassnode’s on-chain data, Bitcoin’s exchange outflows (7-day moving average) have reached a 1-month high of $39,781,339.94. In contrast to the market turmoil, recent data suggests that Bitcoin holders who prefer to hold onto their Bitcoin rather than pursue quick profits have remained steadfast. The price of Bitcoin is trading at $25,627, down 4% in the past 24 hours.
In every round of panic decline, there are always some smart money hoarding Bitcoin! #合约锦标赛 #BTC