Long-term Bitcoin holders have reduced their holdings by 28,000 BTC since October 15, according to data from Glassnode. This distribution trend indicates a shift in the behavior of these holders, who are typically known for maintaining their positions over extended periods. The reduction in supply from long-term holders could impact market dynamics as these coins re-enter circulation.
Long-term Bitcoin Holders Reduce Supply by 28,000 BTC Since October 15
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.