Long-term Bitcoin holders have been selling their positions since January
Golden Finance reported that IntoTheBlock data showed that long-term Bitcoin holders began selling their positions in January, and the pace of selling accelerated by the end of March. They hoped to profit as market confidence increased. IntoTheBlock particularly emphasized that although long-term holders are currently selling, there is still a long time to go before the peak of the current market cycle.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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