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Nearly all bitcoin addresses in profit amid crypto rally – report (Cryptocurrency:BTC-USD) – All about Money

Nearly all bitcoin addresses in profit amid crypto rally – report (Cryptocurrency:BTC-USD)

peshkov/iStock via Getty Images

With bitcoin (BTC-USD) approaching new all-time highs after exceeding $65K, most blockchain addresses holding the token are sitting on unrealized gains, CoinDesk reported on Monday, citing data from analytics firm IntoTheBlock.

Specifically, over 97% of bitcoin (BTC-USD) addresses are now “in

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