IntoTheBlock: Long-term Bitcoin holders have started selling their positions since January
Data from IntoTheBlock shows that Bitcoin long-term holders started selling their positions in January, and the selling speed increased by the end of March. They hope to profit when market confidence improves. IntoTheBlock emphasizes that although long-term holders are currently selling, there is still a long way to go before the peak of the current market cycle.
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
XRP Forecast: $15 Possible if It Replicates 50% of 2017 Rally
Cardano Gains Momentum for 2025 with Institutional Support and Key Partnerships
XRP and Solana ETFs Could Transform Crypto Landscape in 2025
Fantom Gains Momentum as Sonic Chain Hits $100M Milestone