Bitcoin’s network activity and profitability are on the rise, with 8% more active addresses and 10% increase in transaction fees, indicating strong demand. Meanwhile, 94% of Bitcoin is profitable, creating a volatile profit-taking atmosphere.
With a significant increase in BTC accumulation, driven by whales and long-term holders, Nakamoto CEO plans to buy 1 billion USD worth of Bitcoin. This could lead to increased prices, as BTC currently trades at 118,724 USD.
Leave a Reply