🚨 Bitcoin whales have sold over $1 billion #BTC in the last two weeks.

🔶 According to the data, the sale coincides with net outflows of #ETF US-listed Bitcoin during the same period

🟢 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.

🟢 This trend was observed through a decrease in UTXO age ranges, indicating increased sales activity.

🟢 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.

🟢 Wallets tracked by CryptoQuant show that whales – a colloquial term for large token holders – have sold more than $1.2 billion worth of BTC in the past two weeks, likely using brokers rather than on the Free market.