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Bitcoin Buds higher Whales also dominate

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Gherardo Fiorenzo
Gherardo Fiorenzo is an Italian author with a unique perspective shaped by his experiences in Italy and the US. His thought-provoking articles, short stories, and reviews explore the intersections of language, identity, and culture.

the world’s first The cryptocurrency Bitcoin (BTC) has seen a significant uptick price He increases over the last 24 hours And onSeries Basics show That long term Holders still keep their coins.

bitcoin price like of press time is $22,230 after an increase of 2.9% over the last 24 hours From $21,620.

the price The increase comes just like seven days moving medium average on- Chain deal volume reached fiveyear high of $1,145, according to Glassnode data.

average value of onThe string parameter has been greatly increased by a number of Some whale transactions worth over $200 million sent this week.

One of these transactions has been transferred over $304 million from multiple titles to one unknown wallet once on 11. Another February good Example transaction February 8th moving $206 million from one unknown from one wallet to another.

long term bitcoin The owners are also Increasing hoarding up Coins, with the amount of bitcoin that have not been transferred for At least 10 years up to new high at all of 2,634,631 BTC earlier today, according to Glassnode data.

the same data source also reveals that percent of bitcoin did not move for at least two years just arrived a new high at all of 49.863% – it means approx half of All BTC held for at least two years.

the findings follow A recent report stating that Bitcoin is not-zero wallet addresses hit 44 million after launch of Bitcoin Ordinals ranking, an all-time high.

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