Bitcoin sell pressure risk as $1.7B in dormant BTC moves over 2 days
The movement of more than $1.7 billion in “dormant” Bitcoin could lead to downward pressure on Bitcoin in the coming weeks, according to an onchain analyst.
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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
The movement of more than $1.7 billion in “dormant” Bitcoin could lead to downward pressure on Bitcoin in the coming weeks, according to an onchain analyst.
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This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
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