Cryptocurrency News
Bitcoin metric warns of $21K profit-taking as decade-old BTC wakes up
Bitcoin metric warns of $21K profit-taking as decade-old BTC wakes up
BTC/USD
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Bitcoin (BTC) asleep for up to a decade is waking up this week as BTC price action sees six-week highs.
Data from on-chain analytics firm Glassnode shows some of the oldest “dormant” Bitcoin returning to circulation.
Bitcoin Spent Output Profit Ratio (SOPR) chart. Source: Glassnode