Short term holders in profit sent record Bitcoin to exchanges on road to $50k

James Van Straten

Quick Take On Feb. 12, Bitcoin’s value ascended above $50,000 for the first time since Dec. 2021, marking a nearly 20% increase over the past month. This surge was accompanied by robust inflows from the spot Bitcoin ETF, indicating a heightened investor interest. Notably, this rally has been reflected in significant profit transfers to exchanges, […]

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Short term holders in profit sent record Bitcoin to exchanges on road to $50k