Recent data from CryptoQuant reveals that Bitcoin long-term holders are increasingly selling to traditional financial institutions. This trend, fueled by the rise of ETFs and corporate treasury investments, suggests a significant shift in market dynamics. The increased liquidity from these sales could potentially alter Bitcoin's market cycles.
CryptoQuant CEO Ki Young Ju highlights that the current price dip may be a result of changing ownership patterns, with institutional involvement expected to bring longer-term stability to the market. This development underscores the growing influence of traditional finance in the cryptocurrency space.
Bitcoin Long-Term Holders Sell to Traditional Institutions, Indicating Market Shift
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