Bitcoin investors are not alien to FUDs. However, this time it seems like the reason they reacted the way they did, was probably due to some sort of trigger. In response, thousands of Bitcoins were sold off by the investors. But the situation is not as dreadful as it might appear to be.
The ongoing COVID Omnicron worry combined with the general market FUD led a lot of investors to sell off their holdings to prevent any losses. As it is, in November, over 3 million addresses experienced absolute
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