How bad is the current state of crypto? On-chain analyst explains By Cointelegraph

How bad is the current state of crypto? On-chain analyst explained

Despite the market downturn and widespread negative sentiment in the industry following the FTX collapse, on-chain data still shows reasons to be bullish on (BTC).

As on-chain analyst Will Clemente pointed out, it is enough to look at the positions of long-term holders that hit an all-time high even though their profitability was at an all-time low.

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