The crypto industry is gradually leaving the bear market, and long-term holders (LTH) are instrumental in shaping its future. Our in-depth analysis uncovers a significant shift in LTH behavior as they begin selling their Bitcoin holdings for the first time since May 2022. But what does this mean for the market, and how will it impact Bitcoin's price? Discover the intriguing pattern of LTHs and the one decisive factor that could potentially...
Bitcoin long-term holders locking in profits could lead to BTC price pullback Bitcoin long-term holders locking in profits could lead to BTC price pullback
Long-term holders are selling their Bitcoin, racing to lock in profits for the first time since May 2022 as Bitcoin surges past $28,000.
2 min read
Updated: Feb. 14, 2024 at 3:34 am UTC
Cover art/illustration via CryptoSlate. Image includes combined content which may include AI-generated content.
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Bitcoin, a decentralized currency that defies the sway of central banks or administrators, transacts electronically, circumventing intermediaries via a peer-to-peer network.
