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More than 50% of bitcoin addresses are now in loss

2022/11/21 13:02

According to Coindesk, most addresses holding bitcoin, the largest cryptocurrency, are now losing money, the first time that's happened since March 2020. Just over 51%, or 24.56 million addresses of the total 47.85 million, are below purchase price on their investments, according to data provided by blockchain analytics firm IntoTheBlock. About 45% are in the money, that is, boasting unrealized gains, while the rest are roughly at breakeven.
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