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Panic Selling? Short-term Bitcoin Holders Offloaded $36.6 Billion in BTC

Panic Selling? Short-term Bitcoin Holders Offloaded $36.6 Billion in BTC


CryptoGlobe
2024-09-05 00:15:00

Since the middle of August a specific cohort of Bitcoin investors, those holdings onto the cryptocurrency for shorter periods of tie, have offloaded 642,366 BTC, worth more than $36.65 billion, onto the market. According to data from cryptocurrency analytics firm Glassnode shared by popular analyst Ali Martinez, the amount of Bitcoin held by short-term holders


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