Bitcoin is currently trading at $65,172, down 48.37% from its all-time high. Satoshi Nakamoto’s wallets, untouched since 2010, hold approximately 1.096 million Bitcoin, currently worth $71.19 billion, down from over $138 billion at peak. According to Rafael, co-founder of Glassnode, the market remains subdued with weak participation and low volumes, making a sustained Bitcoin recovery unlikely in the near term.
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