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Bitcoin News: Fewer And Fewer People Willing To Sell BTC

  • According to on-chain data, fewer people are willing to sell their Bitcoin (BTC) holdings.
  • Less than 10% of BTC holders were eager to sell as of October 2024, compared to 26% in mid-2021 and 64% in 2013.
  • Long-term holders and short-term holders are willing to hold onto their BTC despite its volatility.
  • The engagement of institutions, especially with the approval of Bitcoin ETFs, and the limited options market contribute to this trend.

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