Long-term Bitcoin holders’ transfer volume remains low amid price corrections in 2024
CAT
1 min read
Onchain Highlights DEFINITION: The total amount of coins transferred from long-term holders to exchange wallets. Bitcoin’s transfer volume from long-term holders to exchanges reflects shifts in market sentiment. In 2024, this metric remained subdued until brief spikes in July and August, coinciding with slight price drops — suggesting that long-term holders might have taken profits […]
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Long-term Bitcoin holders’ transfer volume remains low amid price corrections in 2024
