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Glassnode: Rare movements from 7-10 year old addresses boost Bitcoin profits to over $1 billion
PANews, August 6th news, according to Glassnode, Bitcoin holders realized over $1 billion in profits in the past 24 hours, with 7-10 year "old coins" contributing $362 million, accounting for about 35.8%, which is a rare phenomenon and may reflect internal transfers or real exits. Additionally, users holding coins for 1-2 years also realized $93 million in profits, indicating significant profit-taking behavior.
BTC1.59%