Wu Blockchain (@WuBlockchain): According to Glassnode, as the price of Bitcoin approaches $100,000, long-term holders (LTH) began to sell approximately 507,000 BTC. This amount is l…
Estimated coin impact
Scores are not price-change percentages. High impact means a score of +70 or more, or -70 or less.
- BTC-60Negative
According to Glassnode, as the price of Bitcoin approaches $100,000, long-term holders (LTH) began to sell approximately 507,000 BTC. This amount is lower than the 934,000 BTC during the March 2024 rise. Long-term holders made a record daily profit of $2.02 billion from the sales. Most of the sell-side pressure comes from coins between 6 months and 1 year old. insights.glassnode.com/the-week-oncha…