đąOdaily Planet Daily is fresh out! đ„According to IntoTheBlock data, long-term Bitcoin holders have been reducing their holdings in 2024. đ±In May, they reduced their holdings significantly, selling up to 160,000 BTC (about $10 billion)! đ°
In June, this selling trend slowed down, with long-term holders selling 40,000 BTC. đWhile this may seem a little worrying, remember that the Bitcoin market is full of volatility, which is also its charm. đą
We remain optimistic about the prospects of Bitcoin. đWhile some people are reducing their holdings, there are more people buying and holding because they see the potential and value of Bitcoin. đ
Stay tuned, we will continue to provide you with the latest blockchain global regulatory developments, industry trends, and cryptocurrency news. đđ