Bitcoin long-term holder supply hits 8-month lows: Bullish or bearish?
The amount of Bitcoin in long-term holder wallets hit cyclical lows, but is it enough to help the bulls avoid a decline toward $68,000?
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
The amount of Bitcoin in long-term holder wallets hit cyclical lows, but is it enough to help the bulls avoid a decline toward $68,000?
Why this matters
This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
Bitcoin (BTC) Price Prediction: Slowing Whale Selling Offers Hope as $81.5K ETF Support Holds
On-chain data indicates that distribution from longer-term holders has slowed, offering some relief to the market. However, weaken...
Hyperliquid (HYPE) Price Today: HYPE Holds $80 Support Despite Mounting Bearish Pressure
CoinGecko data puts Hyperliquid’s market capitalization at approximately $18.04 billion and its daily trading volume near $918 mil...
Privy Wallets Are Coming to the XRP Ledger, Aimed at Stablecoin Payments and AI Agents
Privy, the crypto wallet provider Stripe agreed to acquire last year, is extending its wallet tools to the XRP Ledger (XRPL) throu...
Ethereum Name Service plans major .eth overhaul with one irreversible catch for domain holders
Ethereum Name Service has proposed activating ENSv2 without requiring existing .eth domain holders to migrate to the new system. T...
XRPN took shareholder vote with no knowledge of XRP inflation bug
Shareholders of Ripple and Arrington Capital’s XRP treasury stock Evernorth Holdings would have surely loved to know that hackers...
Bitcoin price stalls near $88K as selling pressure slows
Bitcoin's stalled rally highlights the market's vulnerability to long-term holder sell-offs, impacting future price stability and...