๐ช ๐๐จ๐ง๐ -๐ญ๐๐ซ๐ฆ ๐๐ข๐ญ๐๐จ๐ข๐ง ๐ก๐จ๐ฅ๐๐๐ซ ๐๐ฎ๐ฒ๐ฌ ๐ก๐ข๐ญ $10๐ ๐ฆ๐๐ซ๐ค ๐๐ฌ ๐ฉ๐ซ๐ข๐๐ ๐ฌ๐ฅ๐ข๐ฉ๐ฌ ๐๐๐ฅ๐จ๐ฐ $60๐ ๐ช
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Long-term Bitcoin holders have, in total, spent a milestone $10 billion to buy the cryptocurrency and have been pulling back from selling as its price retreats from its 2021 all-time highs, says an CryptoQuant analyst.
> Long-term holders are those whoโve held Bitcoin for over 155 days. Taha ( Quant Analyst ) explained that once holders have crossed the 155-day mark, โthe likelihood of selling decreases significantly, meaning these holders are less likely to sell during short-term market fluctuations.โ
๐ผ Data Credit - CryptoQuant
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