Bitcoin sales are declining: whales are returning to accumulation

CryptoQuant analysts have recorded signs of weakening selling pressure on the Bitcoin market. According to their data, long-term holders (LTH) are transferring coins to exchanges less and less often, while whales have finished selling and returned to accumulating the asset. CryptoQuant analyst under the pseudonym Darkfost noted that in recent years the average annual volume of Bitcoin transfers from long-term holders to exchanges has been gradually declining. By his […]

Source: CryptoTech