By Chayanika Deka Bitcoin long-term holders (LTHs) are now distributing BTC back into the market for the third time in the current cycle. Their current behavior could define the trajectory of the ongoing cycle. Repeat 2021-Style Cycle Top? In the 2021 cycle, long-term holders began their main distribution phase between November 2020 and March 2021. […]
Tag: LTH
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 […]
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 […]