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Tag: average cost

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Bitcoin 4% dip may ‘panic’ short-term holders as price falls below average cost

Bitcoin short-term holders are currently holding a 3% unrealized loss but it “isn’t the end of the world,” according to a crypto analyst. Bitcoin is now trading below the average purchase price paid by short-term holders, potentially causing “panic” due to unrealized losses, according to an on-chain analyst. “These recent buyers are statistically the most…
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