550,000 BTC Worth $9.2 Billion Estimated to Have Left Exchanges in 2022

550,000 BTC Worth $9.2 Billion Estimated to Have Left Exchanges in 2022

The market status of Bitcoin slipped drastically throughout this year. In a new report, Glassnode has estimated that around 550,000 Bitcoin have left the crypto exchanges in 2022. As per BTC’s current value of $16,858 (roughly Rs. 13.9 lakh), BTC 550,000 amounts to $9.2 billion (roughly Rs. 76,760 crore). The…

Bitcoin Long-Term Holders Possess 90 Percent of Total Supply in Profit: Glassnode

Bitcoin Long-Term Holders Possess 90 Percent of Total Supply in Profit: Glassnode

Bitcoin, the world’s oldest and largest cryptocurrency by market cap is currently struggling to garner profits amid global economic slowdown. A new Glassnode report has said that long-time holders (LTHs) of this virtual asset presently also possess 90 percent of BTC’s total supply in profits. As per CoinMarketCap, Bitcoin currently…