Bitcoin Crashes To $98,000 As HODLer Selling Accelerates
On-chain data shows Bitcoin long-term holders have been ramping up their selling recently, a potential reason behind BTC’s fall under $100,000. Bitcoin Long-Term Holders Have Been Booking Profits In a new post on X, on-chain analytics firm Glassnode has discussed about the latest trend in the supply of the Bitcoin long-term holders (LTHs). These are referred to as the investors holding their coins for a period longer than 155 days, without selling or involving them in a transaction on the blockchain. Related Reading: Bitcoin Sentiment Most Fearful Since March: Is A Bottom Near?....
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Bitcoin HODLer volume suggests a prolonged correction is not likely, but that could change. Bitcoin (BTC) HODLer volume has marked previous tops and the start of bull cycles. As the dominant cryptocurrency heads towards $30,000, HODLer activity could be a useful tool to potentially gauge BTC’s next peak.Since October, as Cointelegraph reported, the HODLing activity of Bitcoin has continuously increased. Fewer HODLers have been moving their holdings, which indicates an overall bullish market sentiment.Bitcoin HODLer volume. Source: WhalemapWhy HODLer activity is important to assess Bitcoin....
The electric car manufacturer Tesla is proving to be yet another Bitcoin (BTC) HODLer. Their Q3 2023 earnings report indicates that Elon Musk’s automotive company held onto its coins, not liquidating coins over the last few quarters. Tesla Holding On To Bitcoin Although Tesla has not bought any Bitcoin since February 2021, even selling 75% […]
US Senate candidate Cynthia Lummis is pro-bitcoin. She bought her first bitcoin during her time in Congress. Now she calls herself a hodler and sees the cryptocurrency as a viable alternative store of value to the US dollar. Bitcoin Advocate in the Senate Cynthia Lummis served Wyoming as a conservative Republican in the U.S. House of Representatives for eight years. She is now in the running for the U.S. Senate, with the endorsement of President Donald Trump. Lummis revealed during the third annual Wyoming Blockchain Stampede on Sunday that she is a bitcoin “hodler,” having....
Binance has announced the listing of MyShell (SHELL) as the 10th project on the HODLer Airdrops page, rewarding users who participated in BNB Simple Earn and On-Chain Yields subscriptions. MyShell is a decentralized AI consumer layer, designed to connect AI creators, researchers, and users within an open-source ecosystem. Eligible users who held BNB between February 14, 2025, and February 18, 2025, have received SHELL tokens through the HODLer Airdrops program. Additionally, Binance listed SHELL for trading on February 27, 2025, at 13:00 UTC, opening pairs against BTC, USDT, USDC, BNB,....
On-chain analytics firm Glassnode has revealed in a report that Bitcoin long-term holder have slowed down distribution after months of selling. Bitcoin Long-Term Holder Net Position Change Is Now Neutral In its latest weekly report, Glassnode has talked about how the behavior of the Bitcoin long-term holders has changed recently. The “long-term holders” (LTHs) refer to […]