✉news BusinessCrypto first seen 5 h ago, last 3 h ago, peak #27
Bitcoin rises as large wallets buy what long-term holders sell
Original: Why is Bitcoin still rising as long-term holders sell and big wallets add 113,950 BTC? | Hindustan Times
Bitcoin has continued to climb even as long-term holders reduce their positions, with large wallets reportedly accumulating around 113,950 BTC, according to Hindustan Times. The report highlights a shift in ownership from established holders to big new buyers, a pattern analysts often read as a sign of confidence and a possible driver behind the coin's sustained price rise.
Why now: Bitcoin's price rise despite selling by long-term holders is puzzling traders and prompting debate about who is buying.
Rank over time, top of the chart is #1. 2 snapshots from 5 h ago to 3 h ago.
Evidence
- Why is Bitcoin still rising as long-term holders sell and big wallets add 113,950 BTC? | Hindustan Times · Hindustan Times
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