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Bitcoin Holders Sell 265K BTC Surge

Bitcoin Holders Sell 265,715 BTC in Largest Monthly Outflow Since January

  • Long-term Bitcoin holders sold 265,715 BTC over the past 30 days.
  • This marks the largest monthly outflow from this investor group since January.
  • The selling activity indicates a shift towards profit-taking among investors who typically hold positions for 155 days or more.
  • The outflow highlights increased selling pressure amid ongoing market volatility.

Long-term Bitcoin holders have sold 265,715 BTC in the last month, marking the largest outflow since January. This activity reflects a shift toward profit-taking among investors who usually maintain their positions for extended periods.

Source (3.2)https://cryptobriefing.com/long-term-bitcoin-holders-sell-largest-outflow-2024/?rand=59535
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