Long-term holders sold 815,000 Bitcoin (BTC) in the past 30 days…largest scale this year
JH Kim
Summary
- Long-term holders reportedly sold 815,000 Bitcoin (BTC) in the past 30 days.
- They said this is the largest sell-off since January 2024.
- They analyzed that decreased demand has increased selling pressure, which is a factor putting pressure on the Bitcoin price.
Long-term holders (long-term holders) have sold 815,000 Bitcoin (BTC) in the past month. This is the largest scale since January 2024.
On the 13th (local time), CryptoQuant said on its official X (formerly Twitter), "Long-term holders are actively selling," and "About 815,000 BTC were sold over the past 30 days, which is the highest level of the year."
It also analyzed that "decreased demand has increased selling pressure, which is acting as a factor that burdens the Bitcoin price."
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
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