Summary
- It was announced that selling activity by long-term Bitcoin (BTC) holders is at a low level.
- Glassnode reported that the total holdings of long-term holders have reached 14.7 million BTC, near an all-time high.
- Bitcoin has risen 3.55% in the past 24 hours on the Binance USDT market.
An analysis has shown that selling activity by long-term Bitcoin (BTC) holders remains at a low level.
On the 24th (local time), Glassnode announced via X (formerly Twitter), "The total holdings of long-term Bitcoin holders have reached 14.7 million BTC, approaching an all-time high," adding, "Despite recent market volatility, selling activity remains low."
As of 10:06 PM, Bitcoin is trading at $105,178 on the Binance USDT market, up 3.55% from 24 hours ago.
Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
