COINTURK NEWSCOINTURK NEWSCOINTURK NEWS
  • Real-Time News Feed
  • Bitcoin
  • Altcoin
  • Ethereum
  • Technology News
  • Advertise
  • Contact
  • TURTURTUR
  • ESESES
Search
© 2024 COINTURK NEWS. All Rights Reserved.
Reading: Two Critical Metrics in Bitcoin Reach Record Levels, According to Glassnode
Share
Languages
  • TürkçeTürkçe
  • EspañolEspañol
Font ResizerAa
COINTURK NEWSCOINTURK NEWS
Font ResizerAa
Search
  • Real-Time News Feed
  • Bitcoin
  • Altcoin
  • Ethereum
  • Technology News
  • Advertise
  • Contact
  • TURTURTUR
  • ESESES
Follow US
© 2025 BLOCKCHAIN Information Technologies. >> COINTURK NEWS
Powered by LK SOFTWARE
COINTURK NEWS > Bitcoin (BTC) > Two Critical Metrics in Bitcoin Reach Record Levels, According to Glassnode
Bitcoin (BTC)

Two Critical Metrics in Bitcoin Reach Record Levels, According to Glassnode

In Brief

  • According to the data from crypto analysis platform Glassnode, two critical metrics have reached a new record. Glassnode Alert shared on its Twitter account that the number of addresses holding at least 0.01, 0.1, 1, and 10 BTC in their portfolios has reached an all-time high and shared the latest data.ContentsTwo Critical Metrics in Bitcoin […]
COINTURK NEWS
COINTURK NEWS 2 years ago
Share
SHARE

According to the data from crypto analysis platform Glassnode, two critical metrics have reached a new record. Glassnode Alert shared on its Twitter account that the number of addresses holding at least 0.01, 0.1, 1, and 10 BTC in their portfolios has reached an all-time high and shared the latest data.

Contents
Two Critical Metrics in Bitcoin Reach Record LevelsBitcoin (BTC) Approaching $28,000 Levels

Two Critical Metrics in Bitcoin Reach Record Levels

According to the latest data from crypto analysis platform Glassnode, two critical metrics have reached record levels in Bitcoin. Glassnode Alert shared on its Twitter account that the number of addresses holding at least 0.01 BTC, 0.1 BTC, 1 BTC, and 10 BTC in their portfolios has reached an all-time high.

According to the latest data shared by Glassnode, the number of addresses holding at least 10 BTC in their portfolios has reached 157,515. The previous record for the number of addresses holding at least 10 BTC was 157,514.

Analysts suggested that if micro and macro investors continue to add significant amounts to their accumulations, a new uptrend could begin in the cryptocurrency market. However, significant outflows were also recorded in digital asset investment products, in addition to the data shared by Glassnode. According to the weekly report of digital asset manager CoinShares, there was a $53.5 million outflow from digital asset investment products last week.

Bitcoin (BTC) Approaching $28,000 Levels

Bitcoin (BTC), the leading cryptocurrency, started the new week with an increase and surpassed the $27,300 levels with its recent price gains. Ethereum (ETH), on the other hand, started trading at around $1665 with a 2% increase in the last 24 hours.

The total market value of the crypto industry saw an average increase of $20 billion within hours. In addition, due to the volatility in the cryptocurrency market, an average of $85 million worth of short and long positions were liquidated in the last 24 hours, according to Coinglass data.

Crypto analyst Michael Van de Poppe, evaluating the latest situation in Bitcoin, stated that the leading cryptocurrency gained momentum with the surpassing of the $26,800 levels. The analyst also claimed that the current trend in the cryptocurrency market is upward and shared his thoughts that the uptrend could continue.

Disclaimer: The information provided in this article does not constitute investment advice. Investors should be aware of the high volatility and associated risks of cryptocurrencies and should conduct their own research before making transactions.
You can follow our news on Telegram, Facebook, Twitter & Coinmarketcap
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

You Might Also Like

Coinbase Embraces Innovative Strategy by Managing Bitcoin Holdings Differently

Arthur Hayes Predicts Bitcoin’s Meteoric Rise as Money Supply Soars

Steak ‘n Shake Embraces Bitcoin for Nationwide Payments

Bitcoin Gains Traction in Times of Economic Turmoil

Bitcoin Climbs Over Ichimoku: Will Other Cryptos Follow its Lead?

COINTURK NEWS 18 September, 2023 - 5:05 pm 18 September, 2023 - 5:05 pm
Share This Article
Facebook Twitter
Share
Previous Article Attention to These Three: AAVE, BAKE, and BNB Coin Reviews!
Next Article Bitcoin Surges: One of the Best Times to Buy Crypto Assets
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Stay Connected

8.1k Like
21.1k Follow
1.1k Follow

Latest News

Trump Cuts Ties with Lobby Firm Over Digital Asset Controversy
Cryptocurrency News
Lido Finance Empowers stETH Holders with New Governance Proposal
Cryptocurrency News
Coinbase Embraces Innovative Strategy by Managing Bitcoin Holdings Differently
Bitcoin (BTC) Coinbase
Crypto Markets Surge with Bitcoin’s Impressive Rise
Cryptocurrency News
//

COINTURK was launched in March 2014 by a group of technology enthusiasts who believe that Bitcoin will be as important as the internet in the world of the future thanks to the amazing technology underlying it.

CRYPTOCURRENCY LIVE PRICES

  • Bitcoin (BTC) Live Price
  • Ethereum (ETH) Live Price
  • Ripple (XRP) Live Price
  • Solana (SOL) Live Price
  • Dogecoin (DOGE) Live Price
  • Cardano (ADA) Live Price
  • Chainlink (LINK) Live Price

OUR PARTNERS

  • COINMARKETCAP
  • COINGECKO
  • BITCOINHABER
  • BH NEWS
  • 21MILYON
  • NEWSLINKER

OUR COMPANY

  • About Us
  • Cookie Policy
  • Advertising
  • Contact
COINTURK NEWSCOINTURK NEWS
Follow US
© 2025 BLOCKCHAIN Information Technologies. >> COINTURK NEWS
Powered by LK SOFTWARE
Welcome Back!

Sign in to your account

Lost your password?