Long-term Bitcoin holders are increasingly selling their holdings as the cryptocurrency's price stabilizes around the $100,000 mark. This trend indicates a shift in market dynamics, with participants adjusting to the new price level as a standard for Bitcoin. The selling activity from these holders suggests a potential redistribution of Bitcoin ownership as the market adapts to this significant price milestone.
Long-term Bitcoin Holders Sell as $100K Becomes New Normal
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.