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728,000 Bitcoin sold off: What long-term holders are trying to tell us

AMBCrypto LogoAMBCrypto10h ago

728,000 Bitcoin sold off: What long-term holders are trying to tell us - AMBCrypto

Quick Summary:

Long-term Bitcoin holders have offloaded over 728,000 BTC in the past 30 days, marking the largest sell-off since April.

Data from Glassnode’s Realized Cap HODL Waves indicates a significant shift in Bitcoin ownership, with younger coins—those held for less than six months—making up a larger share of the market.

With key indicators like the Fear & Greed Index and HODL Waves showing noteworthy trends, this sell-off could have implications for Bitcoin’s near-term trajectory.

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728,000 Bitcoin sold off: What long-term holders are trying to tell us - AMBCrypto (Picture 1)728,000 Bitcoin sold off: What long-term holders are trying to tell us - AMBCrypto (Picture 2)

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Article Details

Author / Journalist: Adewale Olarinde

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-27 @ 14:00:41 (10 hours ago)

News Timezone: GMT +8:00

News Source URL: ambcrypto.com

Language: English

Article Length: 557 words

Reading Time: 4 minutes read

Sentences: 28 lines

Sentence Length: 20 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © AMBCrypto

News ID: 23906415

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About AMBCrypto

AMBCrypto Logo

Main Topics: Crypto

Official Website: ambcrypto.com

Update Frequency: 30 posts per day

Year Established: 2018

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #103

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The story "728,000 Bitcoin sold off: What long-term holders are trying to tell us" was covered 10 hours ago by AMBCrypto, a news publisher based in United States.

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AMBCrypto is a fully independent (privately-owned) news outlet established in 2018 that covers mostly crypto news.

The outlet is headquartered in United States and publishes an average of 30 news stories per day.

It's most recent story was published 8 hours ago.

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  • News ID: #23906415
  • URL: https://beamstart.com/news/728000-bitcoin-sold-off-what-17327172542576

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