Opinion: The real selling pressure does not come from ETF investors, but originates from long-term holders, whales and miners
ChainCatcher news, Bitfinex stated on social media that on-chain indicators show that the real selling pressure does not come from ETF investors, but from long-term holders, whales and miners. The Hodler net position change indicator, which measures whale holdings, has been negative for the past nine days.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Mining company American Bitcoin, linked to the Trump family, achieves profitability in Q3 with revenue doubling
BitMine appoints Chi Tsang as CEO and adds three new board members
Trending news
MoreData: In the past 24 hours, total liquidations across the network reached $1.341 billions, with long positions liquidated for $1.164 billions and short positions liquidated for $177 millions.
Data: 9.0012 million TRX were transferred from FarFuture to a certain exchange, valued at approximately $2.6673 million.
Crypto prices
More
