Data: Long-term holders sell 400,000 BTC, accounting for nearly 2%
According to ChainCatcher, crypto analyst Quinten stated that in the past 30 days, long-term bitcoin holders have sold approximately 400,000 BTC, accounting for nearly 2% of bitcoin's total supply. Despite facing significant selling pressure, bitcoin has remained above $100,000. He pointed out that once real market demand kicks in, bitcoin's price could see even greater upside potential.
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