April 24, 2025

On-Chain Analyst Explains Why the Bitcoin Price Has Been Going Down Recently

1 min read

In a recent thread on the social media platform X, renowned on-chain analyst Willy Woo has shed light on the factors contributing to the ongoing Bitcoin (BTC) price drawdown. According to Woo, a significant portion of the selling pressure can be attributed to early, long-term BTC holders, often referred to as Bitcoin OGs, who are

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Source: CryptoGlobe

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