Bitcoin long-term holders have reduced their holdings for consecutive 5 weeks, but the pace of selling over the past 30 days has slowed
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AT A GLANCE
Analysts say that Bitcoin long-term holders' holdings have declined for consecutive 5 weeks, but over the past 30 days, the scale of selling has narrowed significantly.
Article
Analyst: Bitcoin long-term holders’ holdings have declined consecutively 5 weeks, with the recent 30-day sell-off rate slowing significantly
PANews September 21 reported that CryptoQuant analyst Axel Adler Jr. stated that long-term holders (LTH) have held a declining amount of Bitcoin for 5 consecutive weeks, but their 30-day selling volume has fallen from 105900 coins BTC to 21700 coins BTC. Meanwhile, although the Bitcoin price briefly rose to 81200 USD, this group remained at a slight average loss when transferring its holdings.
CryptoQuant analyst Axel Adler Jr. stated that the amount of Bitcoin held by long-term holders has declined for consecutive 5 weeks.
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Their selling over 30 days decreased from 105900 coins BTC to 21700 coins BTC。
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Bitcoin price briefly rose to last week 81200 USD。
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This cohort was still, on average, at a slight loss when transferring holdings.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
Long-term holders are still reducing their positions, but in the past 30 days, the amount sold has been lower than the previously stated level, indicating that the pace of selling has slowed. Analysts also said that, on average, these holders did not make a profit when transferring.
Why it matters to readers
Changes in long-term holders' positions can be used to observe whether this cohort continues to sell; this information indicates that selling is ongoing, but its scale has narrowed.
Beginners can understand this as follows: a group of long-term holders is still selling or transferring, but their recent activity has been slower than before. A single indicator cannot confirm the subsequent price trend.
Risks and unknowns
The content comes from an analyst's post; the original text did not provide the underlying data or calculation method.
The specific definitions of “long-term holders” and “transferred holdings” were not explained in the original text.
The original text does not specify 105900 coins BTC or the specific corresponding comparison period.
The evidence only states “September 21,” and the year cannot be confirmed from the main text.
The subsequent price trend of Bitcoin cannot be confirmed on this basis.
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BTC
The abbreviation commonly used for Bitcoin when referring to it as a digital currency.
