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82% of Bitcoin holders are ‘in the money’
Bitcoin (BTC) is trading at $34,795 by press time, in a strong momentum for the leading cryptocurrency, with more than 25% gains in a week. With this move, 82% of all crypto wallet addresses holding Bitcoin are “In the Money”, according to data retrieved by Finbold from IntoTheBlock, on October 25. On the other hand, 11% of all Bitcoin holders are carrying unrealized losses, while 7% are in a breakeven position. Notably, only 11% of all the holders are made of what IntoTheBlock classifies as “Investors” and “Whales” for addresses holding more than 0.1% and 1% of Bitcoin’s circulating supply, ... (full story)