Bitcoin Sell-Off Led by Mid-Cycle Wallets While Long-Term Whales Hold Firm: VanEck
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Why This Matters
VanEck reports that the recent sell-off in Bitcoin is primarily influenced by mid-cycle wallets, while long-term holders continue to accumulate. The futures market indicates that the current conditions are washed out, suggesting potential for stabilization.
Market Impact
Market impact analysis based on bearish sentiment with 80% confidence.
Sentiment
Bearish
AI Confidence
80%
Article Context
Note: This is a brief excerpt for context. Click below to read the full article on the original source.
VanEck says bitcoin’s downturn is being driven by mid-cycle wallets while the oldest holders keep accumulating, with futures data showing washed-out market conditions.
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Original article published by
Unknown
on November 21, 2025.
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