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As Bitcoin rallies after FTX collapse, 25% of provide is held between $15.5k and $23k

Cryptto Moments by Cryptto Moments
January 31, 2023
in Cryptocurrency
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As Bitcoin rallies after FTX collapse, 25% of provide is held between $15.5k and $23k
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Definition

UTXO Realized Value Distribution (URPD) exhibits at which costs the present set of Bitcoin UTXOs have been created, i.e., every bar exhibits the variety of present bitcoins that final moved inside that specified value bucket.

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Fast Take

  • As much as 20% of all Bitcoin provide is in excessive revenue, from $686 to $15,000.
  • The following band sees 25% of all Bitcoin provide sitting between $15,500 and $23,000
  • Lower than 1% of all provide is between $24,000 and $26,000
  • Nearly all of the Bitcoin provide is sitting at a loss
URPD: (Source: Glassnode)
URPD: (Supply: Glassnode)

The put up As Bitcoin rallies after FTX collapse, 25% of provide is held between $15.5k and $23k appeared first on CryptoSlate.



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