According to Glasssnode, Bitcoin addresses holding at least 1 BTC reached a new all-time high at 1.09 million addresses.
Although whole coiners have been accumulating, Bitcoin was still experiencing significant sell pressure, which may explain why Bitcoin is still struggling to exit its current support level. Bitcoin’s exchange balances have been growing since the end of August.Rising exchange balances are a sign that more traders have been moving their funds onto exchanges.
On the other hand, Bitcoin traders could also be on the lookout for a favorable outcome. This would not only strengthen the support level but also act as the next pivoting point for another
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