✉news BusinessCrypto first seen 16 h ago, last 6 h ago, peak #7
Bitcoin mid-term holders cut exchange transfers sharply
Original: Bitcoin mid-term holders slash exchange transfers to 4.4% from 40.4% in June
Bitcoin mid-term holders have sharply reduced the share of coins they send to exchanges, with transfers falling to 4.4% from 40.4% in June. The drop suggests long- and medium-term investors are holding rather than selling, a pattern often read as declining intent to take profits and growing conviction in a continued uptrend.
Why now: Reduced selling pressure from mid-term holders is seen as a bullish signal for Bitcoin's price outlook.
Rank over time, top of the chart is #1. 5 snapshots from 16 h ago to 6 h ago.
Evidence
API: https://socialmediatrends-api.osmike.com/v1/trends/2785755