By Emir Abyazov Key highlights: Galaxy Digital and long-dormant “whale” wallets are sending large amounts of Bitcoin to exchanges, sparking concerns of increased selling pressure. Long-term holders and miners are reducing positions as Bitcoin approaches psychological resistance, signaling a potential trend reversal in August. Despite mounting risks, analysts note Bitcoin’s market structure remains resilient, supported […]
Tag: LTH
By coinspy Aggressive Demand Surge: The Taker Buy/Sell Ratio hit 1.1 as Bitcoin’s price climbed to $ 107,642, reflecting heightened buying pressure. Long-Term Holder Confidence: The Realized Cap for long-term holders surpassed$56 billion, signaling strong conviction. Coin Days Destroyed Uptick: A 3.83% rise in CDD suggests minor profit-taking but no mass sell-off. Volatility Compression: Bitcoin’s […]