From a year-to-date low of $29,000 on July 21, the price of bitcoin was testing $45,000 on August 12. Glassnode, a research firm built by early crypto adopters with backgrounds in traditional finance, scours the blockchain world for data that investors might use to take a view, such as whether older coins are dormant or being sold as prices rise.
Old hands were holding on.
Another recent trend is that the average size of bitcoin trades is climbing.
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