Bitcoin

Coin

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 <li>Around 592,000 BTC have purchasing prices of $30,200.</li> 
 <li>Small price fluctuations could flip 3.45% of BTC circulating supply into profit or loss.</li> 
 <li>About 523,000 BTC was purchased for $26,800, equivalent to 3.05% of BTC circulating supply.</li> 
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 Data from Glassnode, the onchain and financial metrics platform, shows that around 592,000 <a href="https://coinedition.com/research-analyst-offers-his-opinion-on-bitcoins-true-value/" rel="noopener noreferrer nofollow">Bitcoins</a>, equivalent to 3.45% of the circulating supply, have purchasing prices of $30,200. This suggests small price fluctuations in either direction could send 3.45% of the circulating supply into a position of profit or loss, respectively. 
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 Currently, around 592K <a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#Bitcoin</a> has a purchasing price of $30.2K the current spot price. This suggests small price fluctuations in either direction will send 3.45% of the circulating supply into a position of profit or loss respectively. <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f534.png" alt="🔴" class="wp-smiley" style="height: 1em; max-height: 1em;"> Price: $16.5K / 637K BTC (3.71%) <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f7e2.png" alt="🟢" class="wp-smiley" style="height: 1em; max-height: 1em;">… <a href="https://t.co/EdA6j0no9Q" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/EdA6j0no9Q</a>— glassnode (@glassnode) <a href="https://twitter.com/glassnode/status/1678357739905400832?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">July 10, 2023</a> 
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 Glassnode’s tweet also reported that 3.71% of Bitcoin’s circulating supply, equivalent to 637,000 BTC, was purchased for $16,500, and 3.05%, amounting to 523,000 BTC was purchased for $26,800. 
 Investors use purchase-level information provided by Glassnode t… 
 The post <a rel="noopener noreferrer nofollow" href="https://coinedition.com/bitcoin-users-purchased-3-45-of-btc-circulating-supply-at-30-2k/">Bitcoin Users Purchased 3.45% of BTC Circulating Supply at $30.2K</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinedition.com">Coin Edition</a>.
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Bitcoin Users Purchased 3.45% of BTC Circulating Supply at $30.2K

Coin Edition

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