IntoTheBlock: Long-term Bitcoin holders sold 40,000 BTC in June
According to IntoTheBlock data, long-term holders of Bitcoin have been selling since 2024. In May, there was a significant sell-off of 160,000 BTC (approximately $10 billion). The sell-off in June slowed down, with 40,000 BTC leaving the wallets of long-term holders.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Ripple Labs and CEO come under fire amid rumors of a Trump meeting
Elon Musk 'shot down' OpenAI's ICO plan in 2018 over credibility concerns
Trump policies could take DeFi, BTC staking mainstream — RedStone co-founder
'There is a global race underway for Bitcoin' — Anthony Pompliano