Bitcoin Long-Term Holders Have Been Selling At A Loss For 4 Months Now
Submitted by Anonymous (not verified) on Tue, 09/13/2022 - 22:10Data shows the Bitcoin long-term holders have been selling their coins at a loss for a period of four months now.
Data shows the Bitcoin long-term holders have been selling their coins at a loss for a period of four months now.
On-chain data shows Bitcoin long-term holders have just ramped up their selling as the binary CDD metric shoots up.
On-chain data suggests the Bitcoin Long-Term Holders are currently putting more selling pressure on the market than short-term holders.
Data from Glassnode shows the Bitcoin long-term holder cost basis is currently above the realized price of the crypto.
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