Bitcoin Selling Pressure Eases as Short-Term Holders Exit, Whales Accumulate

As Bitcoin’s price recovers from a recent dip to just above the $60,000 mark,recently conducted analysis suggests that short-term BTC holders have been “gradually exiting” the market, which leads to reduce selling pressure. According to analysis conducted by CryptoQuant analyst IT Tech, the supply of Bitcoin being held by short-term holders has decline “especially after […] source: https://www.cryptoglobe.com/latest/2024/10/bitcoin-selling-pressure-eases-as-short-term-holders-exit-whales-accumulate/