50% Off! Beat the market in 2025 with InvestingProCLAIM SALE

Supply of BTC Last Active 5+ Years Ago Is at ATH: Glassnode Alerts

Published 12/15/2022, 06:16 PM
Updated 12/15/2022, 06:45 PM
© Reuters.  Supply of BTC Last Active 5+ Years Ago Is at ATH: Glassnode Alerts

  • BTC’s price has slipped 0.29% over the last 24 hours.
  • The percent supply of BTC last active 5+ years ago is at an all-time high (ATH).
  • The price of BTC is trading above the 9 and 20-day EMA lines currently.

The price of Bitcoin (BTC) is down over the last 24 hours according to the crypto market tracking website, CoinMarketCap. At press time, the price of BTC stands at $17,730.97 after it experienced a small drop of 0.29%.

The daily trading volume for BTC has fallen as well, as the total is currently $26,051,553,985. This is a 0.66% decrease compared to what it was in the previous 24-hour cycle.

Activity around the crypto market leader can also be seen by another metric that was shared by the blockchain analytics firm, Glassnode Alerts. According to a tweet made by Glassnode Alerts this morning, the percent supply of BTC that was last active 5+ years ago has just reached an all-time high (ATH) of 26.541%.

The post Supply of BTC Last Active 5+ Years Ago Is at ATH: Glassnode Alerts appeared first on Coin Edition.

Read more on Coin Edition

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.