has seen an unexpected surge in price over the last few days, which has inspired hope amongst traders and holders. Due to the surge in optimism, addresses have been holding on to your BTC.A minor withdrawal of Bitcoin occurred yesterday, with 10,000 BTC leaving exchange wallets. The total value of the withdrawn Bitcoin is estimated to be around $630 million.
The velocity at which BTC was trading at had declined. This meant that the frequency at which BTC was trading at had declined. Coupled with the rising number of holders, there was an opposite pattern seen in miner holdings. AMBCrypto’s analysis of Santiment’s data revealed that the supply held by miners had significantly fallen.
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