Bitcoin Rally Faces Headwinds as Long-Term Holders Distribute
Bitcoin (BTC) recently shattered its all-time high, soaring to $123,218 on Binance on July 13. However, on-chain data now reveals a shift in holder behavior that could challenge the cryptocurrency’s sustained bullish momentum. Long-Term Holders Take Profits, Short-Term Holders Buy In According to IT Tech, a contributor on CryptoQuant Quicktake, long-term Bitcoin holders (LTHs)—those who … Read more