CoinVoice has recently learned that data tracked by analysis firm CryptoQuant shows that the number of inactive BTC has declined in 1-2 years, a sign that holders are taking profits as Bitcoin prices remain near historical highs.
“After the all-time highs in Bitcoin prices, addresses holding BTC for 1 and 2 years have been selling,” Ilan Solot, co-head of digital assets at Marex Solutions, said in an email on Wednesday. “This is offsetting accumulation by long-term holders (+3 years).” [Original link]
