Coinbase Says Bitcoin Holders Not Selling, Top Public Miners Sitting On 55,000 BTC

Benzinga2022-07-18

ZINGER KEY POINTSBitcoin holders who were keeping Bitcoin for more than six months still accounted for 77% of the Bitcoin supply.The liquidations in June have contributed to a decline in the market ...

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Comments

  • Johnsnny
    2022-07-18
    Johnsnny
    Ok
  • EdwardLe
    2022-07-18
    EdwardLe
    Good analysis
  • robot1234
    2022-07-18
    robot1234
    From $25 billion to $167 million: How a major crypto lender collapsed and dragged many investors down with it. Celsius is down to $167 million “in cash on hand,” which they say will provide “ample liquidity” to support operations during the restructuring process. Celsius owes its users around $4.7 billion, according to its bankruptcy filing — and there’s an approximate $1.2 billion hole in its balance sheet. The fall of Celsius marks the third major bankruptcy in the crypto ecosystem in two weeks, and it is being billed as crypto’s Lehman Brothers moment — comparing the contagion effect of a failed crypto lender to the fall of a major Wall Street bank that ultimately foretold the 2008 mortgage debt and financial crisis. Regardless of whether the Celsius implosion portends a larger collapse
  • Tudor_B
    2022-07-18
    Tudor_B
    Well done
  • AngelineLim
    2022-07-18
    AngelineLim
    👌👌
  • Gackky
    2022-07-18
    Gackky
    what will happen when Coinbase says Bitcoin holders are selling actively[Surprised] 
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