Data: Currently, about 1.87 million addresses have accumulated approximately 730,000 BTC in the range of $41,200 to $42,400
According to data revealed by on-chain analyst Ali, the Bitcoin price has fallen below a key supply zone. Within the current price range of $41,200-$42,400, there are 1.87 million addresses holding a total of 730k BTC; if the market continues to slump, these holders may choose to sell off their holdings to minimize losses. If selling pressure increases, the next demand zone could be in the $37,500-$38,700 range where currently about 1.28 million addresses hold approximately 553k BTC.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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