Crypto News

The anticipation of halving: Long-term bitcoin position began to grow to $530 million daily

According to the site Glassnode, investors around the world daily began to increase their bitcoin long position 75,000 BTC.

Last year about a similar activity among hontarov began to speak the Adamant Capital Fund, which is also called this “insider trading”.

“Significant amounts were cashed during the bullish bitcoin market, and the new positions were built cholerae in bearish phase,” he explained while Adamant Capital in his blog.

Daily 75 000 BTC is about $530 million, and it is likely to market the purses of individual users.

In the chart from Glassnode also presents data on the price of the home cryptocurrency and the behavior of hontarov over the last year.

Earlier we told you that the number of bitcoin wallets with one or more coins has reached a kind of record – 802 715.

According to some reports, some Americans who received from the government checks of $1200, could invest in the cryptocurrency.

Recently, a bitcoin pioneer and CEO of Blockstream’s Adam Back said holders of 100 BTC or more can be considered “bitcoin whales”.

Source:

coinspot.io

Show More

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button
Close

Please disable your ad blocker

We know you are here for the stories. Not the ads. But we need the ads to keep the lights on. So please whitelist Buzzon.live.