Long-dormant Bitcoin holders suddenly resurface – as BTC falls below $30k

exchange68September 13, 2024

0 0 2 minutes read

Discover the fascinating trend of ancient Bitcoin holders (5-10 years) as they exert significant sell pressure in recent times. This Alpha article analyzes the Spend Volume Lifespan metric and uncovers a heightened selling rate, particularly among five to seven-year holders, since the SVB collapse in March. Unravel the potential triggers, such as the FTX and Luna events in 2022… But what do these capitulation events signify for Bitcoin’s future? Don’t miss out on the full revelation behind Alpha’s paywall.

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