Bitcoin is getting livelier at current six-week highs, data shows, as profit-taking comes back into the spotlight.
According to Glassnode, the number of Bitcoin previously stationary in their wallet for 7-10 years but not active againThis is in fact the latest in a series of such highs, with the previous one seen on Oct. 1.reveal
The latest readings from Bitcoin’s Spent Output Profit Ratio show that further price gains would place BTC/USD in a classic profit-taking country.
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