Long-Term Bitcoin Holders Started Selling

Long-Term Bitcoin Sales Increasing

Bitcoin long-term holders have conducted approximately 143,000 BTC in sales over the last 30 days, reaching the highest sales level since August. This comes after a brief accumulation period observed at the end of December and the beginning of January.

Sales from long-term holders continue to have a negative impact on Bitcoin prices despite the broader financial markets showing an upward trend. Investors are expressing concerns that, despite the overall improvement in the markets, the distribution of Bitcoin has created a barrier to price increases.