Bitcoin Treasury Transfers Without Exchange Flows: Why On-Chain Movement Is Not Always Selling
Glassnode data shows long-term holders (LTHs) re-accumulating Bitcoin as ETF flows swing from $4.06B in outflows in June to a $265.7M inflow day. The article argues that on-chain movement, such as treasury transfers, is not always selling. It emphasizes that not every treasury move should be interpreted as sell pressure.
DeFi Intel is an entity-graph aggregator: we curate, tag and link crypto news to a typed knowledge graph of protocols, tokens, people and incidents. We do not republish the full article body. Use the link above to read the original report at Cryptodaily.
Entities in this story
Discussion
Comments are reviewed before publication.
Want the full article?
Continue reading on Cryptodaily →
No comments yet.