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
$118133.1
+0.35%
Latest News
- Billionaire Tyler Winklevoss Says JPMorgan Chase Is Attempting to Bankrupt Fintech and Crypto Companies – Here’s Why2025-07-27 10:17:35
- Rich Dad Poor Dad Author Issues ‘Paper Bitcoin’ Warning As BTC ETFs Shatter $152,000,000,0002025-07-27 09:24:50
- Satoshi-Era Whale Completes $9,300,000,000 Bitcoin Dump Through Galaxy Digital in One of the Biggest Whale Transactions Ever2025-07-27 07:11:59
- $7,800,000,000 Asset Manager Piles Into Three Assets, Outlines Several ‘Massive’ Industry Disruptors2025-07-27 07:10:22
- Bitcoin Treasuries Become Nationalization Honeypots2025-07-27 03:52:24