Bitcoin Mining Difficulty Continues Rise: Whales Accumulate BTC While Price Inactivity Continues

Bitcoin (BTC) mining difficulty rose 3.44% to hit 36.83 T.

btc.com Bitcoin mining difficulty level, which is above 13.55% with historical increase to 35.61 levels had risen. The difficulty level in question October 24 In the 760,000 blocks that took place on 3.44% with an increase 36.83 T reached level.

about 40 days 2,000 In this process of Bitcoin, which continues its movement in a $ range, whales BTC is accumulating. According to data from On-Chain data and analytics platform Glassnode 100 to 1000 Net BTC supply of accounts holding Bitcoin rise since June showed.

in the same period 1,000 to 10,000 Bitcoin and 10,000 to 100,000 BTC numbers of accounts with Bitcoin decrease occurs came. Considering these data, the price of smaller Bitcoin investors may be somewhat 18,000 Looks like it’s holding on to the dollar.

Small investors are currently holding back the selling pressure from large investors to some extent, but they are not sure about the direction of Bitcoin. forecasts of historically large investors it gets more accurate.

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