Daily Profit of 138 Million for Bitcoin Investors: Has Market Balance Been Achieved?
The selling pressure in the cryptocurrency market has moved to $ 138 million with long-term whales.
Despite the recent fluctuations in the cryptocurrency markets, long-term holders (LTH) continue to make a daily profit of approximately $ 138 million.
The sales made by these holders are balanced by a buyer and seller match in each transaction, and the imbalances between supply and demand are resolved by price changes.
This daily selling pressure of $ 138 million created by long-term holders is considered an indicator of the amount of capital that needs to enter the market in order for prices to remain stable.
Despite these turbulent conditions in the markets, it is noteworthy that prices have generally remained stable in the last few months. This indicates that the market has reached a balance and the supply-demand balance is maintained.
The sales of long-term holders are considered an important indicator in terms of understanding the general condition of the market and the stability of prices, it was emphasized.
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