BlockBeats news, on December 1st, according to glassnode data, Bitcoin has now fallen below multiple on-chain cost indicators (which can serve as support level references), including the short-term transaction cost basis (STH Cost Basis, $90,900) and active investors mean (Active Investors Mean, $88,100). The next important indicator is at $81,700, which is the True Market Mean. The long-term support reference, the realized market price (Realized Price), is $56,400.

BTC1.91%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 1
  • Repost
  • Share
Comment
0/400
WaitPatientlyForTheRvip
· 12-01 10:14
BlockBeats news, on December 1st, the decentralized perpetual futures trading platform Grvt announced that its Liquidity Provider (GLP) strategy is now reopened. This strategy reached the initial cap of 5 million USD within less than a week of its launch. The fund cap for this round of the GLP strategy has been increased by 2.5 million USD, bringing the total to 7.5 million USD. Grvt officials stated that in response to market demand, new investment limits based on users' historical cumulative trading volume have been added.
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)