BTC long-term holders' 30-day distribution volume declined 22%, with the unrealized profit buffer narrowing
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AT A GLANCE
Bitcoin long-term holder distribution declined week over week 22%, easing potential selling pressure, but narrowing unrealized profit margins.
Article
Analyst: Bitcoin long-term holder distribution volume declines week-on-week 22%, selling pressure eases but profit margins narrow
BlockBeats reports that October 29, CryptoQuant analyst Axel Adler Jr.'s latest report noted that Bitcoin long-term holders (LTH)'s nearly 30-day rolling distribution volume fell over the past 1 weeks by 22%, indicating that the potential selling pressure from long-term holders has eased somewhat. However, although the Bitcoin price remains above the average acquisition cost of long-term holders, their unrealized profit margin continues to narrow. Adler noted that long-term holder distribution activity has weakened, but the shrinking profit buffer remains worth monitoring.
Original link https://m.theblockbeats.info/flash/374340
Key points
01
CryptoQuant analyst Axel Adler Jr.'s report said that Bitcoin long-term holders' recent 30-day rolling distribution volume over the past 1 week declined by 22%。
02
The report said that potential selling pressure from long-term holders has eased.
03
Bitcoin's price remains above the average cost basis of long-term holders, but its unrealized profit margin continues to narrow.
04
BlockBeats October 29 relayed the above content.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
“Distribution volume” can be understood as the scale of Bitcoin transferred out or sold by long-term holders. A decline in this metric indicates weakening potential selling pressure; however, a smaller profit buffer means the margin of safety in the event of a price pullback may decrease.
Why it matters to readers
This simultaneously reflects easing potential selling pressure and a narrowing profit buffer; the relationship between distribution volume and cost basis should be monitored going forward.
Beginners can understand this as follows: signals of recent selling by long-term holders have weakened, but their unrealized profit cushion is also shrinking, so market conditions are not improving in a one-way manner.
Risks and unknowns
The original text is a professional media outlet's summary of an analyst report and does not provide a link to the original report or independent data verification.
This information alone cannot confirm whether distribution volume will continue to decline or whether unrealized profit headroom will continue to narrow.
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Long-term holders (LTH）
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