Home
News
Details

Bitcoin Long-Term Holders Increase Selling Amid Late-Cycle Indicators

iconCryptofrontnews
Share
Share IconShare IconShare IconShare IconShare IconShare IconCopy
This is the logo of the coin.
BTC
$89,079.201.07%
Bitcoin long-term holders are stepping up selling, as on-chain data reveals older coins returning to markets after years of inactivity. This pattern aligns with late-cycle technical indicators seen in 2017 and 2021. On-chain data shows active distribution, with price momentum easing despite a current level of $87,046. Technical indicators suggest a shift toward consolidation, with on-chain activity reflecting growing resistance ahead.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.