Bitcoin Long-Term Holders Start Capitulating Amid Panic
On-chain data suggests Bitcoin long-term holders have started to capitulate recently as the sharp price drop causes panic in the market. Bitcoin CDD Inflow Indicator Jumps Up, Showing Long-Term Holders Have Been Selling As pointed out by a CryptoQuant post, the recent price drop has pushed long-term holders towards selling their BTC. “Coin days” are the number of days a Bitcoin has remained dormant for. An example: if 1 BTC doesn’t move for 5 days, it accumulates 5 coin days. When such a coin would be transferred or moved, its coin days would be “destroyed” as....
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Weak hands are panic selling, but long-term BTC holders have seen it all before. While new entrants to Bitcoin markets have been panic selling at a loss, the recent market slide has not vexed the old hands.Heavy selling in response to hints from Elon Musk that Tesla may soon sell its BTC stash saw Bitcoin prices tumble to their lowest levels in 20 weeks as the markets found support near $42,000 on Monday, May 17.According to on-chain analytics provider, Glassnode, the crash predominantly saw newer traders exiting from their positions at a loss while long-term hodlers stood their....
On-chain data shows the Bitcoin short-term holders have been transferring large amounts to exchanges at a loss following BTC’s bearish action. Bitcoin Short-Term Holders Are Participating In Loss-Taking In a new post on X, CryptoQuant community analyst Maartunn has talked about the reaction to the recent Bitcoin price decline from the short-term holders (STHs). The […]
On-chain data suggests the Bitcoin Long-Term Holders are currently putting more selling pressure on the market than short-term holders. Bitcoin Long-Term Holder SOPR Has Spiked Up In Recent Days As explained by an analyst in a CryptoQuant post, Short-Term Holders and US investors haven’t sold as much lately as during the start of June. The […]
Seasoned Bitcoin Holders Are In Distribution Mode Bitcoin’s price action is shifting, and so is the sentiment of investors, especially the long-term BTC holders. The development carries weight in the market because these holders are often considered the most patient and conviction-driven players in the crypto sector. Related Reading: A Major Bitcoin Pivot? Realized […]
Bitcoin is testing retail patience right now. It’s oscillating within a tight consolidation range, and many are eyeing the $84K mark as the next critical liquidity shelf. The market structure here is telling: falling volatility usually signals a violent move is coming, and derivatives data suggest short-term speculators are capitulating while long-term holders continue to […]