Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesStocksEarnInstitutionAI & More
CryptoQuant analyst: Selling pressure from long-term holders is a bearish factor for bitcoin

CryptoQuant analyst: Selling pressure from long-term holders is a bearish factor for bitcoin

AiCoinAiCoin2026/06/29 08:24
Show original
CryptoQuant analyst nino_trade stated that long-term holders are transferring long-unused Bitcoin to spot trading platforms to allocate their positions. While pressure in the derivatives market has eased, selling pressure from long-term holders has become a new bearish factor.
0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

South Korea's September exports set a record, surging 105% year-on-year as the chip boom continues

South Korea's exports continued their rapid growth in September, as global demand for artificial intelligence continued to drive semiconductor shipments, reinforcing market expectations that this trade-dependent economy can withstand higher interest rates.

智通财经•2026/10/01 06:16
South Korea's September exports set a record, surging 105% year-on-year as the chip boom continues