Stay calm ๐งโโ๏ธ and #HODL
1/3
The number of short-term #Bitcoin holders cashing out for profit has slightly increased, while long-term holders remain relatively unmoved. ๐ข
2/3
#BTC Open interest (Leverage) was overextended, but it has already cooled down after the dump ๐ก
3/3
#BTC Coins days destroyed. High values suggest increased movement of coins by long-term holders, potentially signaling selling intentions. While spikes are common in bull markets, it's crucial to monitor for a cooldown period. ๐ก
#Bitcoin #BTC #Crypto #Cryptocurrency #Blockchain #HODL #CryptoNews #BitcoinNews #cryptotrading
Written by elcryptotavo