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Since September, 507,000 BTC Sold by Long-Term Holders, Glassnode Data Reveals

Bitcoin’s price surge toward $100,000 has triggered record-breaking profit realization and intensified distribution activity among long-term holders, according to Glassnode and its researchers, Ukuria OC and Cryptovizart...

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Since September, 507,000 BTC Sold by Long-Term Holders, Glassnode Data Reveals
Bitcoin’s price surge toward $100,000 has triggered record-breaking profit realization and intensified distribution activity among long-term holders, according to Glassnode and its researchers, Ukuria OC and Cryptovizart. Glassnode Insights: Bitcoin’s Rally Reveals a Record $2 Billion in Daily Profits As bitcoin (BTC) prices edge closer to six figures, long-term holders are actively redistributing their holdings. […]

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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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