BTC Whales And Transaction Volume Both Reaches 2-Year Lows

• The number of BTC whales has reached a 2-year low.
• BTC’s transaction volume (7d MA) has also reached a new 2-year low.
• BTC is currently trading at $17,008.73 after a 0.27% increase in price.

The on-chain alerts platform Glassnode took to Twitter on December4 to share some numbers on Bitcoin (BTC). According to the post, the number of BTC whales has reached a 2-year low of 1,665. The previous low of 1,671 was recorded on November 22 of this year.

A few hours earlier, Glassnode also shared on Twitter that BTC’s transaction volume (7d MA) has also reached a new 2-year low of $260,626,928.14. The previous low was observed on November 30 2022.