Confirmed Bitcoin Payments Hit Yearly Lows – What Does This Mean for Whales?
Recent data shows that daily confirmed Bitcoin payments dipped to their lowest levels of the year on December 26, highlighting seasonal market illiquidity. According to Blockchain.com, confirmed transactions fell to 623,434. This trend aligns with typical holiday season patterns, as many traders take time off, leading to lower activity. Analysts are exploring how this drop in confirmed payments affects Bitcoin whales and overall market dynamics. Staying informed about these trends is crucial for investors as the market prepares for the new year and possible fluctuations ahead.
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