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Bitcoin (BTC) dropped by 4.4% last week pressured by long-term holders (LTH), whales, and miners selling their holdings, according to the latest edition of the “Bitfinex Alpha” report. The movements happened mainly through exchange sales and over-the-counter (OTC) transactions. These groups, historically known to divest during bull markets and consolidation phases, are demonstrating their market influence once again. The recent selling, though less intense than previous instances, underscores the significant impact LTHs and whales have on liquidity and price fluctuations.
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: The first ever #Bitcoin Crocs has officially launched 💥 #BitcoinNews #SoundMoney #hodl #crocs
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NEW: 🇺🇸 #Bitcoin spot ETFs have now had 18 days of consecutive inflows 💥 The bull run is just getting started 🚀 #binance BuyTheNumbers powered by HIVE Digital Technologies LTD #BitcoinNews #BitcoinETF #FinancialNews #Investing
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Only possible in Crypto #binance #cryptois #CryptoTradingTip
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