4 reasons why the top 15 richest Bitcoin wallets still matter in 2021

4 reasons why the top 15 richest Bitcoin wallets still matter in 2021
4 reasons why the top 15 richest Bitcoin wallets still matter in 2021

Transparency is one of the most intriguing aspects of cryptocurrency and it was this openness that drew many early supporters to Bitcoin (BTC). 

Blockchain technology makes all information associated with the network’s operation accessible for anyone interested in taking a look. Every known address, transaction, fee paid and other details relating to multisignature and SegWit usage is out in the open.

The top 15 wealthiest Bitcoin addresses have always been the centerpiece of attention for several reasons. Some crypto researchers habitually sort through the top addresses searching for the footsteps of Bitcoin creator Satoshi Nakamoto. Others study data to track the maneuvers of crypto whales and predict market manipulation that results in volatile price swings in the Bitcoin price.

The top addresses have even caught the eye of government agencies like the United States Internal Revenue Service as well as the Treasury Department.

In fact, entire companies specializing in obtaining additional information on cryptocurrency addresses and their potential associations have been formed. It’s no secret that the U.S. Internal Revenue Service hired Chainalysis and Integra FEC, two crypto analytics firms, to track transactions.

More recently, under Treasury Secretary Steven Mnuchin, the Treasury Department is considering whether or not a rule on self-hosted cryptocurrency wallets is required. If approved, these changes emphasize the importance of privacy for market participants.

ddresses are not the same as entities

Top-15 Bitcoin addresses. Source: bitinfocharts.com

As shown above, the top 15 addresses hold 1.07 million BTC, or 5.7% of the outstanding Bitcoin supply. At the current $26,500 price level, this equals $28.3 billion. While this is a large amount of Bitcoin, it’s also worth noting that BTC’s aggregated volume on spot exchanges surpasses $5 billion per day.

It’s important to note that an address’s initial deposit date does not mean that the entity owning the address first acquired coins on that day. The coins could have been sent from another address belonging to the same entity. Therefore, the dates showing first funds being sent to 11 addresses since only 2018 do not prove that the address holders are new to the sector.

It is also worth noting that none of the top 15 addresses are rumored to be Satoshi’s holdings. Researcher Sergio Lerner has shown that the blocks Nakamoto mined contain unique patterns known as Patoshi patterns. Although that mined BTC has yet to be moved, it was not allocated to a single address.

The top 100 addresses concentrate 15.7% of the total supply, which is rather impressive compared to the level of distribution seen in traditional markets. For example, the top 20 funds owning PayPal shares hold a combined 19.7% of the total share supply.

Five of the 15 most significant addresses are known addresses from exchanges, indicating that the apparent concentration does not exist in a way that can be attributed to crypto whales.

In addition to exchanges holding large sums of Bitcoin in wallets, some custodians also accumulate BTC for numerous clients in wallets spread over multiple addresses with large sums.

The top addresses are recent holders and non-SegWit-compliant

An impressive eight out of the top 15 addresses have never withdrawn a single satoshi. Excluding the five exchange-related addresses, only 20% have ever moved their coins. This indicates a strong prevalence of hardcore holders.

Moreover, 11 of the 15 addresses were first used less than three years ago. Multiple reasons could be behind this oddity, including improved security measures, a change of custodian, or different ownership structures.

Only two out of the top 15 (and three in the top 200) addresses are Bech32 SegWit-compatible, which can significantly reduce transaction fees. This indicates that users are resistant to change despite the clear benefits of cheaper transactions. Even more interesting is that the Bitfinex cold wallet ranked second on the list is the only one that has ever had an outgoing transaction.

few mysterious addresses keep stacking

The third wealthiest address is something of a mystery, as it contains an untouched 94,506 BTC. The address made headlines back in September 2019 after Glassnode reported that 73,000 of the BTC in the wallet had originated from Huobi.

Many analysts suggested that these coins were connected to the Plustoken Ponzi scheme, but these rumors were proven wrong after the Chinese police seized 194,775 BTC on Nov. 19 from the fraudulent exchange.

Aside from the fourth-largest wallet containing 79,957 BTC since March 2011, 20 of the top 300 addresses are over nine years old. Although no one can prove that these funds have been lost, most assume so.

Those untouched coins amount to 313,013 BTC, and only one address has ever transacted out since origination. Thus, apart from F2Pool’s 9,000 BTC held at address 1J1F3U7gHrCjsEsRimDJ3oYBiV24wA8FuV, there is a very good chance that the funds from the other addresses are effectively lost.

1P5ZEDWTKTFGxQjZphgWPQUpe554WKDfHQ balance. Source: bitinfocharts.com

The fifth-ranked address shown above was created in February of 2019 and, at origination, was listed as the 81st-largest address. Since then, it has been accumulating regularly, adding from as low as 1 BTC in December 2019 to 4,100 in a single transaction in June 2019. Despite being a large accumulator, it has made seven transactions out, ranging from 786 BTC to 3,000 BTC. Maybe even whales have bills to be paid.

There are precisely 100 addresses first used between Nov. 30, 2018 and Dec. 18, 2018 containing around either 8,000 BTC or 12,000 BTC each. These addresses are commonly attributed to Coinbase Custody. Amounting to 881,471 BTC, the addresses’ funds equal to 96% of the exchange’s cold wallet, according to chain.info.

The new whale local top theory

Every investor has a gut feeling that the arrival of new Bitcoin whales is crucial for a sustained rally, even though there has never been hard evidence of this effect until now.

There is a constant flow of new addresses entering the top 300. For example, 16 of them received their first-ever deposits within the past 30 days. Once again, this is not necessarily a new entity but an address receiving its first-ever BTC.

Although it is uncommon, sometimes gaps of 50 or more days occur without newcomers joining the top 300. Coincidentally, these periods mark the end of rally periods, and a healthy correction usually follows.

BTC/USD price on Coinbase, early 2020. Source: TradingView

Precisely zero of the top 300 addresses were initially used between Nov. 28, 2019 and Feb. 09, 2020, when BTC went up by 35%. Oddly enough, the market plunged 52% over the next 32 days.

BTC/USD price on Coinbase, 2017. Source: TradingView

A similar effect happened between Oct. 18, 2017 and Dec. 11, 2017. During this period BTC rallied 193% while none of the top 300 addresses were newcomers. A 34% price drop occurred over the following 36 days.

Before that, none of the top 300 addresses were initiated between April 20, 2017 and July 07, 2017. Meanwhile, BTC soared 111%, while a 24% crash has also followed this period over the course of nine days.

So far, history has been proving that the new whale theory makes sense: The market rallies during prolonged periods of fewer new addresses making it to the top 300 holders list, as it indicates accumulation by entities that already had position. On the other hand, new whales could be driven by fear of missing out, which usually indicates local tops.

Therefore, it makes sense to monitor the top addresses and on-chain data to gauge potential corrections.

Every time large deposits enter exchanges, this indicates a potential sell order and is deemed bearish by traders. These movements are then compared to BTC price tops and bottoms in an attempt to find some correlation between whale transfers.

Whenever the market is rallying and miners, in turn, reduce selling, analysts expect a price correction once they start moving coins again. To put things in perspective, this is 6,300 Bitcoin per week that needs to be absorbed by the market to avoid price impact.

Now that institutional investors have “arrived,” investors will be itching to see whether their inflow in 2021 will continue to absorb newly minted BTC.

While 2021 is looking pretty bullish for the crypto market, there is always an unexpected price crash that often results from the government threatening regulation.

This means it will still be important for savvy investors to follow the top 15 Bitcoin addresses and the movements of crypto whales in 2021.

author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk. You should conduct your own research when making a decision.

Title: 4 reasons why the top 15 richest Bitcoin wallets still matter in 2021
Sourced From: cointelegraph.com/news/4-reasons-why-the-top-15-richest-bitcoin-wallets-still-matter-in-2021
Published Date: Thu, 31 Dec 2020 21:25:53 +0000

4 reasons why the top 15 richest Bitcoin wallets still matter in 2021
4 reasons why the top 15 richest Bitcoin wallets still matter in 2021 was originally published here https://observednews.blogspot.com/2020/12/4-reasons-why-top-15-richest-bitcoin.html

Last Market Watch of 2020: Bitcoin Price Eyes $30K, Polkadot (DOT) Breaks ATH

Last Market Watch of 2020: Bitcoin Price Eyes $30K, Polkadot (DOT) Breaks ATH
Last Market Watch of 2020: Bitcoin Price Eyes $30K, Polkadot (DOT) Breaks ATH

Despite retracing with over $1,000 after the latest all-time high, BTC has surged back up and reclaimed the $29,000 level. Some altcoins have expanded in value – Polkadot’s DOT has marked a new all-time high.

Bitcoin’s Latest ATH Above $29K

After a few days of relative stagnation around the $28,000 level, the primary cryptocurrency returned to its Q4 2020 bull run.

CryptoPotato reported yesterday that BTC charted two consecutive all-time highs in a day. The asset firstly reached $28,570 before initiating another impressive leg up – this time breaking above $29,000.

Ultimately, bitcoin’s latest ATH came at $29,300. Despite briefly retracing to 28,200, the cryptocurrency has recovered most losses and currently sits very close to that ATH again.

Nevertheless, if BTC retraces and heads south for a correction, the technical indicators suggest several significant support levels that could contain the possible drop. They are situated at $28,400, $27,850, $27,300, $26,750, and $26,300.

BTCUSD. Source: TradingView

Ethereum Marks YTD High; Ripple Bounces Off

Following BTC’s gains, Ethereum has been on quite the roll in the past several days. The second-largest digital asset struggled beneath $600 before Christmas but has exploded to a new yearly high just a week later at $760. Despite retracing slightly to $750, ETH is still 2% up in a day.

Bitcoin Cash, Cardano, Litecoin, Chainlink, and Binance Coin have remained practically at the same price spot as yesterday with minor moves. However, Polkadot has doubled-down on its recent impressive price performance with another 10% surge to above $8. This is DOT’s newest YTD high.

Interestingly, Ripple has also added value on a 24-hour scale. After plummeting for weeks following the SEC charges and multiple exchanges delisting the token, XRP has increased by 8% since yesterday’s low.

Cryptocurrency Market Overview. Source: Quantify Crypto

Further gains come from Blockstack (7%), HedgeTrade (6%), Decred (6%), OKB (5%), and Gnosis (5%). Nevertheless, BTC’s dominance over the market is still above 70% as most alternative coins can’t keep up with bitcoin’s gains.

The total market capitalization has surged to $765 billion. Thus, it has neared the all-time high marked during the parabolic price increase in 2017/2018 at above $800 billion.

Title: Last Market Watch of 2020: Bitcoin Price Eyes $30K, Polkadot (DOT) Breaks ATH
Sourced From: cryptopotato.com/last-market-watch-of-2020-bitcoin-price-eyes-30k-polkadot-dot-breaks-ath/
Published Date: Thu, 31 Dec 2020 09:31:02 +0000

Last Market Watch of 2020: Bitcoin Price Eyes $30K, Polkadot (DOT) Breaks ATH
Last Market Watch of 2020: Bitcoin Price Eyes $30K, Polkadot (DOT) Breaks ATH was originally published here https://observednews.blogspot.com/2020/12/last-market-watch-of-2020-bitcoin-price.html

Will 2021 see blockchain grow?

Will 2021 see blockchain grow?
Will 2021 see blockchain grow?

It’s been a very interesting year, to say the least. The coronavirus pandemic has changed our day-to-day lives more than we could ever imagine and the world of crypto has hit new highs with bitcoin surpassing $20,000 earlier this month.

We hope you had a good Christmas and as we get ready to enter 2021, I think it’s safe to say many of us will be waving 2020 goodbye with a happy face.

The technology behind bitcoin, blockchain has also had an interesting year. Many big companies are looking at adopting the technology thinking it will help advance their business methods and they wouldn’t be wrong.

If you’re new to the industry, blockchain may be a word that is new to you, you are familiar with it but still have no idea what it is.

Essentially, it powers everything. Bitcoin, ethereum, and so on. Without it, you wouldn’t have cryptocurrencies.

In 2021, or we see Blockchain grow even further?

More than likely, the answer is yes. With coronavirus still impacting many countries all over the world, touching technology could seriously help with speeding The recovery of the economy. Yes, a vaccine has already been deployed in countries like the United Kingdom with a 95% success rate but the economy is going to need something a lot more to help recover.

On top of this, institutional investment has been massive this year. Many big companies have been getting on the bandwagon and are more likely going to be staying for the foreseeable.

For blockchain though, there is a hope that over time, complete industries will be using the same technology to help firms connect.

For more news on this and other crypto updates, keep it with CryptoDaily!

© 2020 CryptoDaily All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

Title: Will 2021 see blockchain grow?
Sourced From: cryptodaily.co.uk/2020/12/will-2021-see-blockchain-and-grow
Published Date: Thu, 31 Dec 2020 09:30:07 +0000

Will 2021 see blockchain grow?
Will 2021 see blockchain grow? was originally published here https://observednews.blogspot.com/2020/12/will-2021-see-blockchain-grow.html

4 reasons why Ethereum options traders expect ETH price to reach $880

4 reasons why Ethereum options traders expect ETH price to reach $880
4 reasons why Ethereum options traders expect ETH price to reach $880

Ether (ETH) price has gained 88% since November, astonishing even the most bullish investors as the top altcoin secured a 2020 high at $750.

Aside from the upcoming CME ETH futures launch scheduled for Feb. 8, the phenomenal growth of the total value locked (TVL) in Decentralized Finance protocols also played a major part.

Total Value Locked, USD. Source: DeFi Pulse

As the above data indicates, investors are even more confident that Eth2 has been a success, despite the real potential of delays and implementation hurdles.

Another possible bullish factor in the background is the recent 2 year low in ETH miner balances. This certainly eases potential sell pressure and opens room for further bullish continuation.

Over the past three months, the open interest on Ether options grew by 150% to a total of $880 million. This incredible build-up occurred as the cryptocurrency broke the $700 resistance, and reached its highest price since May 2018.

Ether options open interest. Source: Crytorank.io

The put-call ratio flipped bullish

By measuring whether more activity is going through call (buy) options or put (sell) options, one can gauge the overall market sentiment. Generally speaking, call options are used for bullish strategies, whereas put options for neutral to bearish ones.

Ether options open interest put/call ratio. Source: Cryptorank.io

Despite the recent price rally, the put/call ratio has gone down considerably. This move indicates that the more bullish call options have been dominating volumes. One should expect precisely the opposite whenever traders lock in profits or prepare for a potential downside.

That’s a striking contrast to the 0.94 level two weeks ago, which indicated that put options were well balanced with the neutral to bullish call options.

Options data shows traders expect another 20% hike to $880

The odds of the current option trades are calculated according to the Black & Scholes model. Deribit exchange presents this information as ‘delta’. In short, these are the percent-based odds for each strike.

Ether Jan. 29 call options delta. Source: Deribit

According to the above data, the $880 strike for Jan. 25 has a 34% chance of occurring, while the most traded $960 strike holds a 25% odd according to the options pricing model.

Take notice that the statistical model tends to be overly conservative, as even the $720 strike holds a mere 59% odd.

The March expiry is also extremely bullish

With 86 days left until March 2021 expiry, the odds of Ether price topping $880 is even more likely.

Ether Sept. 25 call options delta. Source: Deribit

The same $880 strike now has a 49% odd according to the Black & Scholes pricing model, whereas the staggering $1,120 expiry holds 33%.

As shown above, the options for March 2021 are trading a relevant amount of volume and cost $114 apiece. This data is indisputable evidence of traders’ bullish sentiment.

Futures market data reflects bullish sentiment

An even better way to gauge professional investors sentiment toward the market is to analyze the futures markets premium. This is measured by the difference between longer-term future contracts and the current Ether (ETH) spot price.

Mar. 2021 Ether futures premium. Source: Digital Assets Data

The chart above shows that the indicator peaked at 5.8% on Dec. 19 and it reached the same level again on Dec. 28 as Ether price made a multi-year high. A sustained futures premium above 3.5% reflects optimism, although it is far from excessive.

The current 4.3% rate is equal to an 18% annualized premium and is significantly higher than the levels seen in previous months. This shows that despite reaching a swing high at $750 levels, professional traders remain confident in Ether’s future potential.

It might be too soon to determine whether the derivatives market will reduce its optimism, but for the moment, bulls seem to be fully in control.

While there is always the possibility of a correction in Ether price, it is unlikely to be strong enough to cause havoc as the market is not showing any signs of excessive optimism.

author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk. You should conduct your own research when making a decision.

Title: 4 reasons why Ethereum options traders expect ETH price to reach $880
Sourced From: cointelegraph.com/news/4-reasons-why-ethereum-options-traders-expect-eth-price-to-reach-880
Published Date: Thu, 31 Dec 2020 00:14:46 +0000

4 reasons why Ethereum options traders expect ETH price to reach $880
4 reasons why Ethereum options traders expect ETH price to reach $880 was originally published here https://observednews.blogspot.com/2020/12/4-reasons-why-ethereum-options-traders.html

Bitcoin, stablecoins and DeFi: 2020’s top-performing crypto assets

Bitcoin, stablecoins and DeFi: 2020’s top-performing crypto assets
Bitcoin, stablecoins and DeFi: 2020’s top-performing crypto assets

Bitcoin (BTC) has had a stellar 2020, but how are other top crypto assets faring? Let’s take a look at how some of the top cryptocurrencies by market capitalization performed this . 

Bitcoin

First, Bitcoin has seen a massive gain since Jan. 1, as its price soared from $7,195 to as high as $28,422.

Within 12 months, the price of Bitcoin rose by 290%, outperforming all major stock indices and most stocks, apart from a select few including Tesla (TSLA).

The main catalysts behind Bitcoin’s rally have been the increase in institutional demand, favorable financial conditions as a result of central bank liquidity injections, and the decline of the U.S. dollar.

BTC/USD monthly chart (Coinbase). Source: TradingView.com

The combination of the three macro factors fueled Bitcoin’s momentum in October. Eventually, as major institution-focused platforms including CME and Grayscale saw a large spike in volume and inflows, accelerating Bitcoin’s rally.

Ethereum

Ether (ETH) price performed strongly throughout 2020, despite its recent stagnant phase against Bitcoin.

The Ether price started 2020 at $128 across major exchanges and at its peak on Dec. 30, ETH achieved $748.

The primary driver of Ether’s rally throughout November was the release of Eth2. After reaching a threshold of over 400,000 ETH in deposits, Eth2 commenced.

Eth2 is a major network upgrade for Ethereum as it scales the blockchain exponentially over time. Without Eth2, Ethereum is able to process under 20 transactions per second. With Eth2, this figure increases to potentially thousands of transactions per second.

Old school altcoins

In year-to-date performance, most of the old school altcoins (the one’s from 2017 and earlier), including XRP, Cadano (ADA), and Stellar (XLM), lagged behind Bitcoin pr.

Out of the original altcoins, XRP initially performed particularly well in November as Bitcoin rallied towards its all-time high.

XRP began the year at $0.1923 and surged to as high as $0.9210, demonstrating a four-fold increase in about 11 months. However, as BTC surged past $20,000, altcoins took a hit, causing XRP to drop to $0.52. After the SEC’s lawsuit against Ripple, XRP dropped further, declining to as low as $0.17.

Smart contract protocols

Polkadot, Chainlink, EOS, and Tezos have also rallied since the beginning of the year. The four smart contract-related cryptocurrencies each saw considerable catalysts for short-term rallies when BTC rallied towards $20,000.

Bitcoin weekly chart versus Chainlink, Polkadot, EOS, and Tezos. Source: TradingView.com

For instance, Chainlink benefited from the explosive growth of the decentralized finance (DeFi) space. Chainlink is an oracle-focued blockchain network and the objective of an oracle is to feed data to DeFi protocols.

As such, as the total value locked in DeFi reached $16 billion, Chainlink rallied and so did many other DeFi-linked tokens.

Despite various respective catalysts, Polkadot, EOS, Tezos, and Chainlink lagged behind Bitcoin in year-to-date gains. The main reason behind the muted price action was Bitcoin’s meteoric rally post-$20,000, which caused altcoins to pull back.

Specialized tokens, such as Wrapped Bitcoin, USDC, and Tether also saw significant growth in terms of market cap. These tokens are mainly utilized on DeFi protocols and the rapid increase in user activity made each token endemic to the DeFi ecosystem.

Tether has just surpassed a $20B market capitalization! 

This fantastic milestone is another confirmation for Tether maintaining its number one spot as the most liquid, stable and trusted currency! pic.twitter.com/sorWjzChIo

— Tether (@Tether_to) December 18, 2020

Tether, in particular, saw a rapid increase in market capitalization in the fourth quarter of 2020. As Cointelegraph reported, Tether, the most used stablecoin in the cryptocurrency market, surpassed $20 billion in valuation.

Title: Bitcoin, stablecoins and DeFi: 2020’s top-performing crypto assets
Sourced From: cointelegraph.com/news/bitcoin-stablecoins-and-defi-2020-s-top-performing-crypto-assets
Published Date: Wed, 30 Dec 2020 20:27:21 +0000

Bitcoin, stablecoins and DeFi: 2020’s top-performing crypto assets
Bitcoin, stablecoins and DeFi: 2020’s top-performing crypto assets was originally published here https://observednews.blogspot.com/2020/12/bitcoin-stablecoins-and-defi-2020s-top.html

‘Bitcoin liquidity crisis’ — BTC is becoming harder to buy on exchanges, data shows

‘Bitcoin liquidity crisis’ — BTC is becoming harder to buy on exchanges, data shows
‘Bitcoin liquidity crisis’ — BTC is becoming harder to buy on exchanges, data shows

Bitcoin is becoming more difficult to buy, according to analysts at Glassnode. The amount of BTC received and spent among entities is decreasing, which means the liquidity is declining.

If Bitcoin (BTC) liquidity is low, it means there is less BTC available to buy and sell. In the medium term, this could make BTC even more scarce.

Bitcoin liquid and illiquid supply. Source: Glassnode

Bitcoin on track for an explosive 2021

Throughout 2020, institutions have been increasingly accumulating Bitcoin, which has become compelling because of its fixed supply.

In recent months, the concerns about inflation and rising central bank liquidity have intensified. This trend has led high-profile institutional investors, like Paul Tudor Jones, to consider Bitcoin as a potential hedge against inflation.

Meanwhile, a trend that was kickstarted by MicroStrategy’s $425 million Bitcoin purchase in the summer spilled over to other financial giants. Eventually, PayPal, Square and even insurance conglomerates like MassMutual stepped into the fray.

Consequently, the institutional accumulation of Bitcoin has accelerated since. As a result, Glassnode found that only 4.2 million BTC are in constant circulation for buying and selling. The firm wrote:

“Bitcoin liquidity is defined as the average ratio of received and spent BTC across entities. We show that currently 14.5M BTC are classified as illiquid, leaving only 4.2M BTC in constant circulation that are available for buying and selling.”

In the past 12 months, $27.8 billion worth of Bitcoin has become illiquid. More long-term investors are holding onto their BTC, refraining from selling their assets.

If long-time holders continue to move away from selling their BTC, the dominant cryptocurrency would become more scarce and difficult to accumulate.

Such a trend would push up the value of Bitcoin in the longer run, fueling the ongoing bull cycle. The analysts explained:

“Over the course of 2020, a total of 1 million additional BTC have become illiquid — investors are increasingly hodling. This is bullish, and suggests that the current bull run has been (partly) driven by this emerging #Bitcoin liquidity crisis.”

There is a variable in miners

Another factor that could cause the circulating supply of Bitcoin to decrease in the foreseeable future is miners.

Kyle Davies, the co-founder of Three Arrows Capital, said that there is a shortage of ASIC miners. Typically, miners would deploy capital to acquire hardware such as ASIC miners. But given that they are unable to buy, that could potentially drive inflows into BTC. He said:

There is a big shortage of ASIC’s. Miners only need to sell enough bitcoin to cover existing USD operational costs. They are incentivized to hold all capital that would otherwise be deployed into buying hardware, in $BTC.

— Kyle Davies (@kyled116) December 30, 2020

The combination of multiple factors, such as increased HODLing activity, the likelihood of miners selling less BTC, and the drop in Bitcoin liquidity could further fuel BTC’s momentum in the first quarter of 2021.

Title: ‘Bitcoin liquidity crisis’ — BTC is becoming harder to buy on exchanges, data shows
Sourced From: cointelegraph.com/news/bitcoin-liquidity-crisis-btc-is-becoming-harder-to-buy-on-exchanges-data-shows
Published Date: Wed, 30 Dec 2020 15:00:00 +0000

‘Bitcoin liquidity crisis’ — BTC is becoming harder to buy on exchanges, data shows
‘Bitcoin liquidity crisis’ — BTC is becoming harder to buy on exchanges, data shows was originally published here https://observednews.blogspot.com/2020/12/bitcoin-liquidity-crisis-btc-is.html