Bitcoin Profit-Taking by Newer Holders Amplifies Selling Pressure, Induces Market Consolidation
Bitcoin faces mounting selling pressure as mid-cycle investors accelerate profit realization, triggering a pullback in prices and signaling a potential consolidation phase. Holders with 6-12 month positions recently realized $904 million in profits, representing 83% of all daily realized gains.… Read More »Bitcoin Profit-Taking by Newer Holders Amplifies Selling Pressure, Induces Market Consolidation