Bitcoin realized price rejections hint BTC price ‘weakening’ — Analyst
Bitcoin hodlers’ realized cap sees a snap drop while speculators get more confident in market trajectory.
Bitcoin (BTC) faces potential selling pressure as the dollar value of hodlers’ BTC exposure falls by billions of dollars.
New research by onchain analytics platform CryptoQuant shows speculators stepping in while seasoned hodlers go risk-off on BTC.
Amid continued enthusiasm over a return to all-time highs for BTC/USD, Bitcoin long-term holders (LTHs) are taking no risks.
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Author: William Suberg
