Bitcoin long-term holders maintain positions with minimal spending, showing confidence in market stability.
Bitcoin News

Bitcoin Long-Term Holders Show Unwavering Confidence as Spending Hits Record Lows

Bitcoin long-term holders (LTH) are demonstrating remarkable resilience, with Glassnode reporting minimal spending activity. Their total holdings are nearing an all-time high of 14.7 million BTC, signaling strong confidence despite market volatility. Why Are Bitcoin Long-Term Holders Holding Strong? Glassnode’s on-chain data reveals that Bitcoin LTHs are reluctant to distribute their assets. This behavior suggests […]

Bitcoin whales taking profits above $120K in a bullish market cycle
Bitcoin News

Bitcoin Profit-Taking Wave: Whales Exit Above $120K as $6B-$8B in Gains Locked In

Bitcoin’s 2024 bull run has hit a critical juncture as whales cash out billions in profits above $120K. This third major profit-taking wave reveals fascinating insights about Bitcoin market cycles and institutional adoption patterns that every crypto investor should understand. Bitcoin Profit-Taking Reaches $6B-$8B: What’s Driving the Sell-Off? The latest on-chain data shows between $6-8 […]