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The analysts at CryptoQuant made a fascinating observation. Many long-term holders started selling their BTC holdings as the price of Bitcoin rose, they noticed. The sell-off ended and accumulation resumed after Bitcoin's price fell to $56,500 in early May. This shows confidence in the future of the cryptocurrency with the largest market cap. According to CryptoQuant, over half of all Bitcoin in circulation went untouched for the last 12 months, despite having been mined or purchased. $BTC



The analysts at CryptoQuant made a fascinating observation. Many long-term holders started selling their BTC holdings as the price of Bitcoin rose, they noticed. The sell-off ended and accumulation resumed after Bitcoin's price fell to $56,500 in early May. This shows confidence in the future of the cryptocurrency with the largest market cap. According to CryptoQuant, over half of all Bitcoin in circulation went untouched for the last 12 months, despite having been mined or purchased.
$BTC

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