CryptoQuant: Bitcoin long-term holders have sold about 815,000 BTC in the past 30 days
ChainCatcher news, CryptoQuant stated that long-term bitcoin holders have recently significantly reduced their holdings. The institution noted that long-term holders have cumulatively sold about 815,000 bitcoins, marking the highest level since 2024. Against the backdrop of weakening demand, the ongoing selling pressure is having a downward impact on the price.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Fitch says Tesla's heavy investment may turn mid-term free cash flow negative
Fitch assigns Tesla a BBB issuer default rating for the first time, outlook stable
Fitch says Tesla's rating reflects its global leadership in pure electric vehicles
