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How Bitcoin Short-Term Holders Rake in 82% of Profits on Exchanges?

How Bitcoin Short-Term Holders Rake in 82% of Profits on Exchanges?

Glassnode’s data reveals that a majority of the profits sent to exchanges, specifically 82%, come from short-term Bitcoin holders. Highlighting Points  Bitcoin prices have been on the rise, pushing past the $30,000 mark and bringing relief to investors who had been waiting for this moment. After hovering around the $20,000 levels for some time, the surge in prices has led …

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Huge Bitcoin and Ethereum Shorts Liquidated for Over $100M Within Hours

Huge Bitcoin and Ethereum Shorts Liquidated for Over $100M Within Hours

Important Points The world of cryptocurrency experienced a tumultuous Tuesday as traders scrambled to cover their shorts amidst a surge in bullish sentiment towards Bitcoin and Ethereum. In just a matter of hours, over $127.98 million in shorts were liquidated, sending shockwaves through the market.  As the dust settles and the market begins to stabilize, experts continue to debate the …

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