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Bitcoin HODLers Are Still Making Money Despite Price Drops To Six-Month Lows

Minh Nguyen

Summary: According to CoinDesk's Bitcoin Price Index, Bitcoin's price fell to $6,968, the lowest level in six months, during European trading hours today. Despite of the steep drop, 15.31 million of Bitcoin addresses can still make profit. Blockchain Intelligence firm IntoTheBlock reports that most of these addresses have either pruchased Bitcoin in the range of $900 ...

According to CoinDesk's Bitcoin Price Index, Bitcoin's price fell to $6,968, the lowest level in six months, during European trading hours today. Despite of the steep drop, 15.31 million of Bitcoin addresses can still make profit. Blockchain Intelligence firm IntoTheBlock reports that most of these addresses have either pruchased Bitcoin in the range of $900 to $4,180 or in the $4,180 - $6,631 range. 

By Minh Nguyen

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