News list for "Selling indicates"

Analysts: The gradual selling of long-term holders indicates that Bitcoin may enter a consolidation phase

Analysts say the bitcoin market may be entering a consolidation phase characterized by gradual selling by long-term holders. According to Bitfinex analysts, long-term bitcoin holders and large investors appear to be behind the recent bitcoin sell-off, both on exchanges and over the counter. Historically, long-term holders tend to sell their bitcoin holdings gradually during bull markets, especially when the market...

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2024-06-18 20:16:29