Bitcoin’s Silent Exodus Hits Crypto as Long-Time Buyers Cash Out
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AI-PoweredLong-time Bitcoin holders are cashing out, resulting in a decline of 1.6 million coins worth $140 billion since early 2023, contributing to the 30% drop in Bitcoin's value.
Market impact analysis based on bearish sentiment with 86% confidence.
Article Context
More than two months after the token hit a record high above $126,000, Bitcoin has fallen nearly 30% and is struggling to find support. One reason: its long-time holders haven’t stopped selling. According to a report from K33 Research, the amount of Bitcoin that had remained unmoved for at least two years has declined by 1.6 million coins since early 2023, roughly $140 billion worth.
Analysis and insights provided by AnalystMarkets AI.