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Bitcoin Holders Await Higher Prices

Bitcoin 3–5 Year Holders Slow Selloff Amidst Price Fluctuations

  • Veteran Bitcoin investors hold 11.9% of the total supply.
  • The Realized Cap for 3 to 5-year holders reached an all-time high of 15.7% in November.
  • Selling activity by this group paused in January but resumed in April.
  • Recent data indicates a potential exhaustion in selling activity.
  • Bitcoin is currently trading at approximately $105,800, down over 3% in the past week.

The cohort of Bitcoin holders with coins aged between three and five years currently holds a significant portion of the asset’s Realized Cap at 11.9%, despite recent selloffs and price declines.

Source (2.6)https://www.newsbtc.com/bitcoin-news/bitcoin-3-5-holders-slow-selloff-higher-prices/?rand=52377
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