Bitcoin Long-Term Holders Show Decreased Selling Interest
- Research indicates that long-term holders of Bitcoin have lost interest in selling at $90,000.
- The profitability of their BTC supply has significantly declined, leading to a “complete reset” of profit metrics.
- Current profit metrics for Bitcoin are approaching two-year lows, reflecting a shift in market sentiment among holders.
The decrease in selling interest among long-term Bitcoin holders highlights the changing dynamics of profitability and market engagement. This trend may impact overall market liquidity and trading strategies.
As profitability declines, long-term holders’ reluctance to sell at high prices like $90,000 reflects a significant shift in the Bitcoin market landscape.
