đš Bitcoinâs selling pressure may be fading!
According to CryptoQuant, BTC holders who bought 6â12 months ago have reduced their share of exchange transfers from 40.4% in June to just 4.4%.
Thatâs a massive shift! đ
Fewer coins moving to exchanges could mean less selling pressure from this cohort, potentially setting the stage for a stronger move.
If this trend continues, Bitcoin could be gearing up for its next bullish leg. đ
Less selling pressure. More room for upside. đ„
According to CryptoQuant, BTC holders who bought 6â12 months ago have reduced their share of exchange transfers from 40.4% in June to just 4.4%.
Thatâs a massive shift! đ
Fewer coins moving to exchanges could mean less selling pressure from this cohort, potentially setting the stage for a stronger move.
If this trend continues, Bitcoin could be gearing up for its next bullish leg. đ
Less selling pressure. More room for upside. đ„