Potential Selling Pressure from Bitcoin Holders
9/6/2024 11:19:04 AM
According to @intotheblock, Bitcoin holders who purchased between $47k and $64k are under pressure, with only 27.6% currently in profit. Many of these investors are short-term holders, which could lead to increased selling pressure if the market experiences further declines. (Source)
Bitcoin BTC short-term holders selling pressure