July 23, 2025

Old Bitcoin whales are selling: Reserves held for years are now pressuring the market

1 min read

The price pressure that pushed Bitcoin (BTC) down to the $64,000 level may be due to direct selling from old Bitcoin whales. The profit-taking also comes from relatively old wallets, which break the expectation of holding for an even longer time horizon. The early days of Bitcoin created many inadvertent holders. People consider up to

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Source: Cryptopolitan

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