Over 20,000 BTC transferred from long-term holders' wallets in the last 96 hours

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西格玛学长2025/02/07 02:53

Bitcoin was proposed by Satoshi Nakamoto on November 1, 2008 and officially born on January 3, 2009. Bitcoin is a peer-to-peer, decentralized cryptocurrency that does not rely on central authority publishing, but is completed in the blockchain through proof-of-work consensus mechanism, commonly known as "mining". Bitcoin uses a distributed database of P2P network nodes to confirm, verify, and record currency transactions, with a total publishing volume of 21 million.

On February 7th, on-chain analyst Ali posted on X that "based on Glassnode data, over 20,000 BTC have been transferred from long-term holders' wallets in the past 96 hours."

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.

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The Federal Reserve's overnight reverse repurchase agreement (RRP) usage was $756.1 million on Friday.

Data: In the past 24 hours, total liquidations across the network reached $288 millions, with long positions liquidated for $163 millions and short positions for $125 millions.