BTC struggles around $26k as SpaceX drops its holdings
The Bitcoin (BTC) price has struggled around $26,000 after Elon Musk’s spacecraft manufacturer SpaceX dumped its BTC holding s. On the other hand, Glassnode data suggests that the number of wallets holding at least 1 BTC has reached an all-time high (ATH) of 1,015,299 despite the bearish market sentiment. Per the on-chain data provider, the addresses have risen since late 2021, when BTC hit an ATH of $68,790. #Bitcoin $BTC Number of Addresses Holding 1+ Coins just reached an ATH of 1,015,299 Previous ATH of 1,015,241 was observed on 20 August 2023 View metric:https://t.co/s7tx1xxyz3 pic.twitter.com/DsYGzzLEhV — glassnode alerts (@glassnodealerts) August 21, 2023 You might also like: BNB Chain’s cross-chain bridge exploit shakes crypto community Moreover, BTC short-term traders have also risen with the recent price downturn. According to Glassnode, the amount of BTC supply active between a week and one month just dropped to 680,353.028 BTC, marking a 30-day low. ...