During the retail pushed mania of December 2017 to April 2018, early Bitcoin buyers (whales, OG’s, no matter you need to name them), offered $30 BILLION {dollars} value of Bitcoin to speculators, based on analysis from Chainanalysis. This really elevated the obtainable buying and selling provide of Bitcoin by over 50%, resulting in the latest melancholy of the Bitcoin worth, based on ChainAnalysis.
Let’s discuss in regards to the analysis a bit additional, a latest Ripple class motion lawsuit and the final market actions.
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Chainanalysis Research: https://blog.chainalysis.com/money-supply/
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