Chart Shows Potential Impact of Large-Scale Bitcoin Supply Distributions on Price

06/27 12:10

June 27 (Huobi) - Blockchain analytics firm Glassnode recently shared a chart on Twitter that shows the potential impact on Bitcoin's price due to expansions in hot supply. The chart has sparked discussions among cryptocurrency enthusiasts, particularly in relation to the liquidation of significant supply sources such as the Mt. Gox funds and confiscated Bitcoin held by the US government.
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