The post Bitcoin Surges But Most Addresses Stay “At The Money”! appeared first on Coinpedia Fintech News
The current Bitcoin price action marked a robust 10% surge over the past week to a price of $63,982. However, the distribution of addresses profitability offers slightly different underlying dynamics. With almost 49.83k addresses,14.03% of total active addresses, are ‘In the Money’, enjoying profits due to the recent price hike. In contrast, 20.29k addresses (5.71%) …