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Bitcoin active supply refers to the amount of Bitcoin that has been moved or transacted on the blockchain within a specific time frame, such as the past year. This metric is crucial for analyzing market dynamics, as it indicates the level of participation and liquidity in the Bitcoin network. A high active supply often suggests increased trading activity and investor interest, which can influence price trends.
By monitoring Bitcoin active supply, investors and analysts can gain insights into market sentiment and potential price movements. For instance, a rising active supply may signal growing adoption or speculative trading, while a decline could indicate holding behavior or reduced market engagement. This product helps in making informed decisions in the cryptocurrency space. |
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