PANews reported on November 4th that crypto analyst Quinten stated that long-term Bitcoin holders have sold approximately 400,000 BTC over the past 30 days, representing nearly 2% of the total Bitcoin supply. Despite this significant selling pressure, Bitcoin has remained above $100,000. He pointed out that once genuine market demand picks up, the price of Bitcoin may see further upside potential. PANews reported on November 4th that crypto analyst Quinten stated that long-term Bitcoin holders have sold approximately 400,000 BTC over the past 30 days, representing nearly 2% of the total Bitcoin supply. Despite this significant selling pressure, Bitcoin has remained above $100,000. He pointed out that once genuine market demand picks up, the price of Bitcoin may see further upside potential.
Data: Long-term holders sold 400,000 BTC in the past 30 days, accounting for nearly 2% of the total.
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PANews reported on November 4th that crypto analyst Quinten stated that long-term Bitcoin holders have sold approximately 400,000 BTC over the past 30 days, representing nearly 2% of the total Bitcoin supply. Despite this significant selling pressure, Bitcoin has remained above $100,000. He pointed out that once genuine market demand picks up, the price of Bitcoin may see further upside potential.
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