CryptoQuant: Long-Term Holders Cut Back on Selling, While Whales Are Accumulating Bitcoin Again
CryptoQuant analysts have recorded signs of easing selling pressure in the bitcoin market. According to their data, long-term holders (LTH) are moving coins to exchanges less and less often, while whales have wrapped up their sales and returned to accumulating the asset. A CryptoQuant analyst under the pseudonym Darkfost noted that in recent years the average annual volume of bitcoin transfers from long-term holders to exchanges has been gradually declining. According to his […]
Source: Incrypted
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