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Murphy: Over 2 million BTCs change hands between $62,000 and $64,000 to form a critical support
According to the early issuance of In-A, traders Murphy indicated that more than 2 million BTCs had moved in between $62,000 and $64,000, bringing the cost to a large number of holders closer and the willingness to sell in the short term was lower. While the BTC experienced a low-floating curve of nearly two months and rose from $64,000 to $75,000 within three days, the leverage in the vicinity of $63,000 was not significantly reduced, and the inter-area chips of $68,000 to $74,000 remained relatively thin. Murphy predicts that, as prices rise, the chips may gradually ease and create new, but without new, effective support, the BTC may again test the strength of the $62,000 to $63,000。
