Bitcoin Tests $63K as Long-Term Holders Keep Selling at a Loss
Bitcoin is testing the $63K level as a macro risk-off environment drags on its price. Around two-thirds of the coins moving onto exchanges are from long-term holders who are selling at a loss.
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 Decrypt.
Bitcoin's price is testing $63,000 as long-term holders move coins to exchanges at a loss amid macroeconomic risk-off sentiment.
Entities in this story
Discussion
Comments are reviewed before publication.
Want the full article?
Continue reading on Decrypt →
No comments yet.