IntoTheBlock: Bitcoin holdings in the 10,000 to 100,000 range sold 25,740 BTC in the past 7 days
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Odaily reported that according to data from IntoTheBlock, the main sellers during this downturn were addresses holding between 1,000 to 10,000 , who sold 25,740 in the past 7 days. However, on-chain data shows that addresses are generally accumulating, indicating that many traders are taking advantage of the lower prices to increase their holdings.
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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