Data: Since October 15, long-term holders have reduced their bitcoin holdings by another 28,000 coins.
Show original
Foresight News reported that glassnode tweeted that since October 15, the amount of bitcoin held by long-term holders has decreased by another 28,000 BTC. This means that the number of bitcoins sold by long-term holders (LTHs) has exceeded the number of bitcoins transferred into their group by short-term holders. This reflects excessive net selling behavior, rather than a passive process of holding maturity.
0
0
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.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!
You may also like
Trending news
MoreCrypto prices
More
Bitcoin
BTC
$90,363.23
-1.58%
Ethereum
ETH
$3,116.68
-0.75%
Tether USDt
USDT
$0.9999
-0.02%
XRP
XRP
$2.07
-1.12%
BNB
BNB
$886.4
-2.05%
USDC
USDC
$0.9999
+0.00%
Solana
SOL
$132.92
-3.98%
TRON
TRX
$0.2808
-1.84%
Dogecoin
DOGE
$0.1408
-1.45%
Cardano
ADA
$0.4400
+2.09%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now