Coinbase is increasingly dominant in the U.S. since the ETF approvals.
Over the past 3 months, its BTC market share has climbed from 47% to 60%.
$POLYX will give you +300% profit from here.
https://www.tradingview.com/x/oF98NODh/
$TRU +36% so far but it will go much higher.
https://www.tradingview.com/x/6bbcp74N/
One way to gauge the profitability of the market for any specific cohorts of Bitcoin investors is to leverage their on-chain cost basis and compare it with the spot price.
🔵 Long-Term Holders = $20.7K
🔴 Short-Term Holders = $45.8K
🟠Market Realized Price = $24.4K
With price trading at $68k, the long-term holders are, on average, sitting on an unrealized profit of ~228%.
90-day website traffic to crypto exchanges has increased 45% from the Aug-Oct figures, suggesting that retail is gradually returning to the market.
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