8 Comments

  1. coinfeeds-bot on

    tldr; Long-term Bitcoin holders have sold over 500,000 BTC during the recent bull run, according to Glassnode. This cohort reached its peak Bitcoin supply in September and has since distributed 507,000 BTC, a smaller amount compared to the 934,000 BTC sold during the March 2024 rally. Despite this, long-term holders are achieving record profits, realizing $2.02 billion in profit per day. This activity plays a crucial role in price discovery, as these holders release previously dormant supply into circulation. Bitcoin is currently trading at $96,303.

    *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

  2. they will talk about their decision to sell with regret in 25 years

  3. MichaelAischmann on

    Good for them. They came for life changing money & got it. Now it’s our turn.

  4. timbulance on

    Long term holders just cashing out a little bit of their stack.. it’s expected.

  5. WaverlyPrick on

    The article doesn’t mention what defines a “long term holder.” Is it six months, one year, five years? Without that this article seems fairly worthless.

    Edit:

    The link to the article this article references:

    This highlights that most LTH coins transacting are likely to have been acquired relatively recently (e.g., more likely to be 6 months old than 5 years old on average).

    Pointless.

  6. mrjune2040 on

    Cue the newbies coming in saying ‘they sold too soon’ when the gains were 15,000 % or more lol.

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