Ancient Bitcoin (BTC) Springing to Life, Signaling Potential Sell-Side Pressure: Crypto Analytics Firm
Description
New data from the market intelligence firm Glassnode reveals that ancient Bitcoin ( BTC ) is awakening, suggesting that sell-side pressure may rock the crypto king. In a new thread on the social media platform X, the crypto analytics platform notes that tens of thousands of tokens have sprung to life during the month of July, meaning that early investors could be looking to take profits. “[Thursday] saw another wave of ancient coins move on-chain, with 3,900 BTC aged over 10 years becoming activ...
$BTC
$118132.3
+0.59%
Latest News
- Bitcoin Treasuries Become Nationalization Honeypots2025-07-27 03:52:24
- Bitcoin Primed for New All-Time High After Correction, According to Trader Who Nailed 2018 BTC Bottom – Here’s His Target2025-07-26 20:14:43
- Goldman Sachs Warns Multi-Year US Dollar Depreciation Incoming2025-07-26 19:50:21
- Vanguard President Defies Consensus Expectations, Says US Equities Primed To Underperform Over the Long-Term: Report2025-07-26 18:54:37
- Bitwise CIO Matt Hougan Says Four-Year Cycle Is Dead, Predicts 2026 Will Be a Good Year for Bitcoin and Crypto – Here’s Why2025-07-26 17:53:02