đš Bitcoin whales have sold over $1 billion #BTC in the last two weeks.
đ¶ According to the data, the sale coincides with net outflows of #ETF US-listed Bitcoin during the same period
đą Long-term Bitcoin holders and miners have been significant sellers of the cryptocurrency over the past two weeks, with little indication of renewed buyer interest.
đą This trend was observed through a decrease in UTXO age ranges, indicating increased sales activity.
đą Some opinion miners are turning to the booming AI sector due to the decrease in mining rewards after the halving, which may have increased selling activity.
đą Wallets tracked by CryptoQuant show that whales â a colloquial term for large token holders â have sold more than $1.2 billion worth of BTC in the past two weeks, likely using brokers rather than on the Free market.