menu
techminis

A naukri.com initiative

google-web-stories
source image

Newsbtc

1w

read

325

img
dot

Image Credit: Newsbtc

Long-Term Bitcoin Holders Are Moving Coins—Further Sell-Off Incoming?

  • Bitcoin price had a slight rebound after a recent sell-off, but is still down by 3.1% in the past day.
  • Massive spike in Exchange Inflow Coin Days Destroyed (CDD) metric indicates potentially large price corrections ahead.
  • Bitcoin short-term holder behavior suggests a possible cooling trend as realized prices for short-term investors show a decline.
  • Newer holders may be facing losses and could lead to further downside in the market.

Read Full Article

like

19 Likes

For uninterrupted reading, download the app