🚨 Bitcoin’s selling pressure may be fading!
According to CryptoQuant, BTC holders who bought 6–12 months ago have reduced their share of exchange transfers from 40.4% in June to just 4.4%.
That’s a massive shift! 👀
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. 📈
Less selling pressure. More room for upside. 🔥
According to CryptoQuant, BTC holders who bought 6–12 months ago have reduced their share of exchange transfers from 40.4% in June to just 4.4%.
That’s a massive shift! 👀
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. 📈
Less selling pressure. More room for upside. 🔥