IntoTheBlock: Long-term Bitcoin holders sold 40,000 BTC in June
According to IntoTheBlock data, long-term Bitcoin holders have been reducing their holdings throughout 2024. There was a significant reduction in May, with 160,000 BTC (approximately $10 billion) sold off. The sell-off slowed down in June, with 40,000 BTC leaving the wallets of long-term holders.
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