Market Cap
24h Vol
6566
Cryptocurrencies
51.43%
Bitcoin Share

Bitcoin’s Long-Term Holders Reverse Course to Accumulate $8 Billion Worth of BTC in Weeks

Bitcoin’s Long-Term Holders Reverse Course to Accumulate $8 Billion Worth of BTC in Weeks


CryptoGlobe
2024-07-27 00:49:00

On-chain data is revealing a shift in behavior among Bitcoin’s long-term holders, those who have held their coins for at least 155 days, which have recently reversed a sell-off trend and are now accumulating BTC at a rapid pace, absorbing nearly $8 billion worth of the cryptocurrency in recent weeks. According to data shared by


Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.