Bitcoin price bottom takes shape as ‘old coins’ hit a record 78% of supply
Bitcoin’s long-term holders’ NUPL metric has dropped to levels that coincided with market bottoms thrice since November 2011.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Bitcoin’s long-term holders’ NUPL metric has dropped to levels that coincided with market bottoms thrice since November 2011.
Why this matters
This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
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