CoinOtag
2025-12-20 17:08:58

Bitcoin LTH Selling Pressure Overstated by Data Distortion, Suggesting Accumulation Potential

Bitcoin long-term holders are not dumping their assets en masse; recent data spikes were distorted by Coinbase's internal transfers of nearly 800,000 BTC in late November. Excluding these transactions reveals steady, normal selling consistent with past cycles. This suggests the market remains resilient, with potential for accumulation ahead. Technical distortion from Coinbase reshuffle created false [...]

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