ChainCatcher news, according to data disclosed by on-chain analyst Ali, the price of Bitcoin has fallen below the key supply area. Within the current price range of $41,200-42,400, 1.87 million addresses have accumulated 730,000 BTC.
If the market continues to be depressed, these holders may choose to sell to reduce losses. If the selling pressure increases, the next demand area may be the $37,500-$38,700 range. There are currently 1.28 million addresses holding approximately 553,000 coins in this area. BTC.
