BTC drops to $87K; long-term holders aren’t moving
- BTC held for more than 6 months has barely moved to exchanges during this downturn
- Coins recently sent to exchanges were mostly moved for the first time in the past week
Selling pressure is temporarily coming from short-term traders. Long-term holders haven’t handed over their coins yet—we haven’t reached the capitulation stage. If you’ve been holding for more than six months, have you trimmed your position at this level?
$BTC $ETH
Disclaimer: For informational purposes only; this is not investment advice. DYOR.
- BTC held for more than 6 months has barely moved to exchanges during this downturn
- Coins recently sent to exchanges were mostly moved for the first time in the past week
Selling pressure is temporarily coming from short-term traders. Long-term holders haven’t handed over their coins yet—we haven’t reached the capitulation stage. If you’ve been holding for more than six months, have you trimmed your position at this level?
$BTC $ETH
Disclaimer: For informational purposes only; this is not investment advice. DYOR.