GlassNode: BillCoin raised $3.4 billion in December; BTC price stopped at $92,000 resistance


The biggest Bitcoin operators outside of the exchange are moving to reduce risk. About 10,000 and 100,000 owners have sold or reviewed 36,500 btc (approximately $3.4 billion) since December 1, according to About mirror data.

This affects the problems that are being monitored by the price of Bitcoin by promising an amount of $ 94,000 following the Federal Reserve’s interest rate cut. Bitcoin has been trading 92,250 dollars (Down by 0.2%) at the beginning of the Asian session today, Friday.

General information:

  • Section: Organizations with between 10,000 and 100,000 bitcoins, often maintain or work in-house.
  • Size: Sales were $3.37 billion in 12 days.
  • Tips: This shows a move in the group to redistribute, which contradicts the view of small sellers, who remain optimistic.
The bar chart shows the size of the alule whale's bitcoin

Lack of water

The market is witnessing a decline in losses; Madicun’s power outage, which is a strong buying signal, has recently dropped. What you mention shows FX Leaders There has been a 50% decline in stembrecoin in the past, suggesting that the current price does not support the new $100,000 barrier. Aksat Shadshant, Chief Analyst at Madort, said: New organizations. “

“Spot etfs for Bitcoin and Ethereul-Eth have attracted more than $610 million in the last two years, which is very close, and $90,000 is useful.” “Very close.”

The price of Bitcoin is testing the amount of $88,000

This difference is an indicator worth highlighting. Although small sellers are attracted by the “transformation of the products” The output of $ 3.4 by this group, combined with the 50% decrease in the storage tables, shows that the current price ($ 88,000-$ 94,000) is used for distribution, not used for distribution, not used. The security is expected to increase if the price of bitcoin loses the support level at $ 88,000.

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