Faster global financial news!
Cointelegraph: Short-Term Holders Transfer Approximately 47,000 BTC Below Cost to Exchanges
According to Cointelegraph, short-term Bitcoin holders have transferred approximately 47,000 BTC currently at a loss to exchanges. Citing data from CryptoQuant, the report noted that Bitcoin fell below this cohort's average cost basis of roughly $75,700, touching an 11-week low of $72,670. The figures above reflect the prices and cohort statistics at the time of reporting; transferring funds to exchanges does not equate to executed sales, nor should these figures be conflated with the 96% statistic associated with long-term holders.
No AI analysis yet. Tap the "AI Analysis" button above to generate one now.
Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
24H Trending
-
1
RTHK: U.S. stocks closed lower on Tuesday, with the Dow down 0.3% and the Nasdaq down 0.7%.
-
2
CNBC: Colom leads by 2,607 votes in Mississippi Senate race, race uncalled
-
3
Financial Times: Anthropic's underwriting banks prepare to boost IPO valuation to at least $1.5 trillion
-
4
Al Jazeera: Meta Expands AI Age Verification, Rolling Out Globally on Instagram while Threads Rollout Remains Planned
-
5
Nikkei Stock Average flat at 60,451.02 as bank and pharma gains offset tech and machinery losses
-
6
Al Jazeera: UKMTO receives report of incident involving oil tanker in Strait of Hormuz, details unclear
-
7
Hong Kong and mainland Chinese stocks opened lower, weighed down by higher-than-expected US inflation and escalating interest rate hike expectations.
-
8
Hong Kong's Insurance Authority (IA) has prohibited Lim Ka Kit from engaging in insurance intermediary business for nine months.
-
9
Al Jazeera: Iran denies holding talks with the US
-
10
Binance Announcement: bStocks to Support SanDisk (SNDK) 1-for-8 Stock Split
Markets Today
Recommended Reading
Hot Topics
Svmuu focuses on blockchain industry trends and cutting-edge cryptocurrency news, while also covering real-time market data and in-depth analysis of the Hong Kong, U.S., and foreign exchange markets. Here, you can not only access professional 24/7 news updates and accurate market data, but also utilize practical investment tools to help you capitalize on opportunities in both digital assets and traditional financial markets. Whether you are a blockchain enthusiast or an investor in Hong Kong, U.S., or foreign exchange markets, we provide efficient and timely information services to empower your investment decisions.
- User Agreement
- Privacy Policy
- Contact Us
- Business Partnerships
- Disclaimer
- Content Statement
- About Us
- Sitemap
Coming Soon!
