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Who and why is getting rid of bitcoins right now
Who and why is getting rid of bitcoins right now
Beincrypto
2025/06/05 09:08
Author: Beincrypto
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In May 2025, Bitcoin reached a new high. Despite the subsequent correction following this event, many market participants are confident that the BTC bull run is far from over.
Representatives of the crypto industry have noted that some groups of investors are ignoring the optimism and getting rid of their bitcoins right now. We discuss who initiated the BTC sell-off and what drives them.
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Reasons for Optimism
Analyzing the situation of Bitcoin suggests that the crypto market is in the middle of a bull run, which means there is potential for further growth ahead. The BTC balance on crypto exchanges continues to decrease. As history shows, a reduction in supply can become the main driver of a new wave of cryptocurrency price growth.
Miners believe in the continuation of the bull run. This is indicated by the growth of their BTC reserves. The increase in the activity of retail investors is another signal for the likely continuation of growth.
