CryptoQuant data shows a sharp drop of 21,600 BTC in short-term holders' (STH) net positions over the past 30 days, a sell-off that we havenβt seen since 2021.
But while STHs are exiting due to market volatility, long-term holders (LTHs) are doing the opposite, accumulating 22,000 BTC during the same period.
Could this shift lead to price stability and a rebound? ???? Or will STH sell-offs create more short-term pressure?
[link] [comments]
You can get bonuses upto $100 FREE BONUS when you:
π° Install these recommended apps:
π² SocialGood - 100% Crypto Back on Everyday Shopping
π² xPortal - The DeFi For The Next Billion
π² CryptoTab Browser - Lightweight, fast, and ready to mine!
π° Register on these recommended exchanges:
π‘ Binanceπ‘ Bitfinexπ‘ Bitmartπ‘ Bittrexπ‘ Bitget
π‘ CoinExπ‘ Crypto.comπ‘ Gate.ioπ‘ Huobiπ‘ Kucoin.
Comments