Bitcoin

<ul><li>Short-term Bitcoin holders capitalize on the rally, selling at the highest profit margin since April, raising concerns about market sustainability.</li><li>Whales, significant Bitcoin holders, are actively spending at levels not seen since June, prompting speculation about their role in market dynamics.</li><li>Bitcoin&#39;s rally faces uncertainty as on-chain data hints at a potential slowdown, emphasizing the need for vigilance and awareness in the ever-evolving cryptocurrency market.</li></ul>In the wake of Bitcoin&#39;s recent price surge, on-chain data analysis has uncovered two intriguing developments, raising questions about the sustainability of the cryptocurrency&#39;s upward trajectory. Short-term holders have been observed &#34;selling&#34; at the highest profit margin seen since April, while whales have been &#34;spending&#34; at their highest level since June. These trends, when viewed together, have ignited speculation about a possible pause in Bitcoin&#39;s rally.In a recent tweet, financial analyst Julio Moreno sheds light on two intriguing on-chain developments after the recent Bitcoin price rally.<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/846311033df247908b9c7bff34ab7c8c.png" />Short-term holders, typically those who recently acquired Bitcoin, are known for their propensity to capitalize on profit opportunities. The data indicates that they have been offloading their holdings with a remarkable profit margin, a pattern last seen during the spring. This behavior may suggest that these investors are taking advantage of the recent price surge to secure gains, raising concerns about the sustainability of Bitcoin&#39;s bullish momentum.Read full article at <a href="https://cryptotale.org/bitcoins-recent-rally-sparks-concerns-on-chain-data-reveals-key-trends/" rel="noopener noreferrer nofollow">CryptoTale.</a>

Bitcoin's Recent Rally Sparks Concerns: On-Chain Data Reveals Key Trends

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