The price of Bitcoin is constantly in the same horizon, which is $ 6600 – $ 7000. The price movement at freezing point does not bode well for both those who mine cryptocurrencies and those who have invested in them trying to make money. Bitcoin addresses are slowly dying and resources are moving into an ever-increasing layer of the richest.
Bitcoin: No price movement
The king of digital money has not recovered much since his fall in mid-March. Although the price went up, investors do not believe in it and the special fear and greed index still shows extreme fear. This index was developed by CNBC. It includes a number of other indicators and a robot to follow twitter posts.
According to recent IntoTheBlock data, the number of addresses that are active is also decreasing. That is, those who are wearing some, even a small amount.
The data clearly shows that the active addresses are disappearing. This is at first glance contrary to Glassnode data, which points to an increasing number of rich addresses.
Many people seem to sell and keep nothing at all. These cryptocurrencies then form a cheap bit for whales.
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