© Reuters
(Bitcoin) topped $19,000 on Jan. 12, its highest level since Nov. 8. The foundations of Bitcoin’s macro trough may have been placed. The on-chain analytics firm tweeted on Jan. 12 that “13% of the circulating supply” made a profit when Bitcoin rose to his $18,200 mark. This indicates that a large accumulation phase has occurred in the $16,500 to $18,200 range.
Bitcoin, Ether (ethereum) have also witnessed signs of accumulationAccording to Santiment data, the number of sharks holding between 100 and 10,000 Ether has increased by 3,000 since November 22nd.
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