tldr; Long-term Bitcoin holders have sold 815,000 BTC in the past 30 days, increasing sell-side pressure and contributing to a price decline. This significant sell-off has created supply-demand imbalances, with selling activity outpacing buyer interest, including institutional and ETF inflows. The weakened demand has stalled Bitcoin’s upward momentum.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
ecnecn on
So the crypto game aka. „who is willing to invest more and wait“ is over?
JustSellitAll on
Its joeover for crypto mostly due to trump and his family raking in half a billion from it.
Bitcoin peak was 125k who the hell is going to buy it over that price
Next_Statement6145 on
Worst bull run ever
GEB82 on
It’s literally the exchanges and day trader idiots…
Ok-Egg-7022 on
Xrp going up
Proper_Historian801 on
Gonna get worse before it gets better.
Cptn_BenjaminWillard on
All good. They’re just doing their Christmas shopping.
crakinshot on
I mean, assuming it’s not counting shorts, it’s kinda impressive that 5% (if you account for lost bitcoin) of total supply has been sold in 30 days, and it’s not completely crashed the price. It’s just price discovery… that 5% was bought by entities happy to buy at 100k.
Le-Bon-Vivant on
Based on the sudden activity in these long-dormant Bitcoin wallets, it looks like someone figured out a way to access the private keys without brute forcing them. The quick transfers and cash-outs suggest this was a coordinated move, possibly targeting a specific type or generation of wallets.
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tldr; Long-term Bitcoin holders have sold 815,000 BTC in the past 30 days, increasing sell-side pressure and contributing to a price decline. This significant sell-off has created supply-demand imbalances, with selling activity outpacing buyer interest, including institutional and ETF inflows. The weakened demand has stalled Bitcoin’s upward momentum.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
So the crypto game aka. „who is willing to invest more and wait“ is over?
Its joeover for crypto mostly due to trump and his family raking in half a billion from it.
Bitcoin peak was 125k who the hell is going to buy it over that price
Worst bull run ever
It’s literally the exchanges and day trader idiots…
Xrp going up
Gonna get worse before it gets better.
All good. They’re just doing their Christmas shopping.
I mean, assuming it’s not counting shorts, it’s kinda impressive that 5% (if you account for lost bitcoin) of total supply has been sold in 30 days, and it’s not completely crashed the price. It’s just price discovery… that 5% was bought by entities happy to buy at 100k.
Based on the sudden activity in these long-dormant Bitcoin wallets, it looks like someone figured out a way to access the private keys without brute forcing them. The quick transfers and cash-outs suggest this was a coordinated move, possibly targeting a specific type or generation of wallets.