ChainCatcher news, according to The Block, Bitfinex pointed out in the latest report that long-term Bitcoin holders are making profits again, and more profit-taking by long-term holders may cause a significant short-term downward trend in the price of Bitcoin. pressure.
Bitfinex analysts said that long-term holders, who have paused profit-taking since early May, appear to have begun selling off their holdings again, and continued high profit realizations by long-term holders mean that Bitcoin’s near-term prospects are fragile.