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Data: Over 848,000 addresses bought $25 billion worth of BTC at an average price of $52,125 each, currently in a state of floating loss

Data: Over 848,000 addresses bought $25 billion worth of BTC at an average price of $52,125 each, currently in a state of floating loss

Bitget2024/02/20 09:13

Lookonchain indicates on X that, according to data from IntoTheBlock, 848,390 addresses purchased 481,710 BTC at an average price of $52,125, amounting to approximately $25 billion. These addresses are currently in a state of unrealized loss and may generate selling pressure when their positions reach break-even.

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