Bitcoin HODLers Sell BTC Worth $60 Billion, Can Price Survive? 📉
Bitcoin long-term holders have engaged in a significant sell-off recently, with transactions amounting to $60 billion. This development could have notable implications for Bitcoin's price stability.
On-chain analyst Checkmate points out this heavy profit-taking event, suggesting that such actions might not be ideal for the cryptocurrency's market health. Usually, when long-term holders sell in large volumes, it indicates uncertainty or a lack of confidence in sustained price growth.
The impact of this event might lead to heightened market speculation and potential price fluctuations. It's crucial for investors and market participants to monitor these trends.
Articles similaires
Bitcoin $2B daily profit-taking involves mostly new hodlers — Research
Bitcoin price slips to $93K as liquidations soar and long-term BTC holders take profit
Bitcoin tumbles will be ‘less abrupt’ after realized profit drops 76%
CryptoQuant reports long-term bitcoin holder profit-taking as price pulls back from new all-time high
Bitcoin Dips as Long Term Holders Lock in Profits After $100K Rally Stalls
Bitcoin Seller Appetite Running Out? Profit-Taking Down 42% Since Top
Long-Term Bitcoin Holders Start Cashing Out as BTC Rally Cools Off to $93,000
Bitcoin Price: Veterans Hold Tight, New HODlers Cash In $2B Daily
Bitcoin (BTC) Realized Profit Shrinks By $9 Million, Ignites Bullish Forecasts
Bitcoin Price Drop: Long-Term Holder Selloff Spark Flash Crash
BTC Price To Go Here: Bitcoin Unrealized Profits Below Bull Market Peaks
Bitcoin HODLing Rewards: Long-Term Holders Selling At 326% Profit
BTC Near $100K: Institutions Buy In, Yet Long-Term Holders Cash Out
Bitcoin Sell-Off Led by New Investors Seeking Quick Profits
Long-Term Investors Sell Bitcoin as Prices Drop
Bitcoin’s Realized Profit Drops 76% as Market Stabilization Signals Emerge Amid Eased Sell-Side Pressure
Bitcoin Long-Term Holders Cash Out: $60 Billion Sold, Marking Largest Profit-Taking Since FTX Collapse
Bitcoin price slips to $93K as liquidations soar and long-term BTC holders take profit
Bitcoin tumbles will be ‘less abrupt’ after realized profit drops 76%
CryptoQuant reports long-term bitcoin holder profit-taking as price pulls back from new all-time high
Bitcoin Dips as Long Term Holders Lock in Profits After $100K Rally Stalls
Bitcoin Seller Appetite Running Out? Profit-Taking Down 42% Since Top
Long-Term Bitcoin Holders Start Cashing Out as BTC Rally Cools Off to $93,000
Bitcoin Price: Veterans Hold Tight, New HODlers Cash In $2B Daily
Bitcoin (BTC) Realized Profit Shrinks By $9 Million, Ignites Bullish Forecasts
Bitcoin Price Drop: Long-Term Holder Selloff Spark Flash Crash
BTC Price To Go Here: Bitcoin Unrealized Profits Below Bull Market Peaks
Bitcoin HODLing Rewards: Long-Term Holders Selling At 326% Profit
BTC Near $100K: Institutions Buy In, Yet Long-Term Holders Cash Out
Bitcoin Sell-Off Led by New Investors Seeking Quick Profits
Long-Term Investors Sell Bitcoin as Prices Drop
Bitcoin’s Realized Profit Drops 76% as Market Stabilization Signals Emerge Amid Eased Sell-Side Pressure
Bitcoin Long-Term Holders Cash Out: $60 Billion Sold, Marking Largest Profit-Taking Since FTX Collapse