tWhy Bitcoin and Ethereum Investors Are Losing Money
– Investors in Bitcoin (BTC), Ethereum (ETH), and other cryptocurrencies are losing money at a historic pace
– The news follows recent reports that the number of Bitcoin addresses holding at least 1,000 BTC – for a minimum value of about $15.9 million as of press time – reached a three-year low of 2,090
– This is an important data point since such big holders are a major influence in the crypto economy and some of the biggest experts in riding its waves. When those holders sell, major downturns usually follow.
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