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BTC Whales And Transaction Volume Both Reaches 2-Year Lows

Published 12/04/2022, 03:21 AM
Updated 12/04/2022, 03:30 AM
© Igor Faun BTC Whales And Transaction Volume Both Reaches 2-Year Lows
BTC/USD
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  • The number of BTC whales has reached a 2-year low.
  • BTC’s transaction volume (7d MA) has also reached a new 2-year low.
  • BTC is currently trading at $17,008.73 after a 0.27% increase in price.

The on-chain alerts platform Glassnode took to Twitter on December4 to share some numbers on Bitcoin (BTC). According to the post, the number of BTC whales has reached a 2-year low of 1,665. The previous low of 1,671 was recorded on November 22 of this year.

BTC number of whales Source: Glassnode

A few hours earlier, Glassnode also shared on Twitter that BTC’s transaction volume (7d MA) has also reached a new 2-year low of $260,626,928.14. The previous low was observed on November 30 2022.

The post BTC Whales And Transaction Volume Both Reaches 2-Year Lows appeared first on Coin Edition.

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