Alex Kuptsikevich

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Price Increase Drives 98% of Bitcoin Holders Into a State of Profit

Price Increase Drives 98% of Bitcoin Holders in a State of ProfitThe price of bitcoin jumped significantly on Wednesday after the payment processor Paypal announced cryptocurrency support. The jump in value has pushed a large number of bitcoin holders into a state of profit, according to Glassnode “percent of UTXOs in profit” statistics. Based on the current data, 98% of all bitcoin UTXOs are in a […]

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