Bitcoin

<p><em><strong>Long-term Bitcoin investors, known as “hodlers,” have sold around 200,000 BTC since the start of the year. This means they’ve been decreasing their holdings steadily over the past three months.</strong></em></p><h2 id="header-0">Cryptos Headlines Token Airdrop Is Live, Claim $50 Worth Of 5000 CHT Token Free On <a href="https://cryptosheadlinestoken.com/index.php/tokenomics/" rel="noopener noreferrer nofollow">CryptosHeadlinesToken.com</a></h2><p><img src="https://i0.wp.com/cryptosheadlines.com/wp-content/uploads/2024/02/Screenshot_5.png?fit&#61;1276%2C681&amp;ssl&#61;1" /></p><p>This kind of selling is pretty normal during times when Bitcoin’s value is rising a lot, as experienced investors tend to take some profits along the way.</p><h3 id="bitcoin-hodlers-reduce-holdings-amidst-market-fluctuations">Bitcoin Hodlers Reduce Holdings Amidst Market Fluctuations</h3><p>According to reports from the firm, long-term <a href="https://cryptosheadlines.com/whale-investors-amass-3-5-billion-in-bitcoin-holdings/" rel="noopener noreferrer nofollow">Bitcoin investors have decreased their holdings</a> by approximately 1.5% since the beginning of the year, which is a much smaller decrease compared to the last bull market when they reduced their holdings by about 15%.</p><p>Currently, Bitcoin is trading at around $51,000, having struggled to maintain levels above $52,000. Despite this, it has managed to stay above the important $50,000 threshold, showing signs of stability following a significant <a href="https://cryptosheadlines.com/analyst-foresees-10-btc-price-surge-after-spot-bitcoin-etf-approval/" rel="noopener noreferrer nofollow">surge linked to the introduction of spot Bitcoin</a> exchange-traded funds (ETFs) in the United States.</p><p>Recent data <a href="https://cryptosheadlines.com/arkham-intelligence-reveals-microstrategys-bitcoin-holdings/" rel="noopener noreferrer nofollow">reveals that Bitcoin holdings</a> on Coinbase, the largest cryptocurrency trading platform in the United States, have dropped to their lowest level since 2017. This decline coincides with BTC whales withdrawing funds into self-custody wallets.</p><h3 id="whales-withdraw-over-1-billion-in-bitcoin-as-buying-activity-rises">Whales Withdraw Over $1 Billion in Bitcoin as Buying Activity Rises</h3><p>According to data from CryptoQuant, large Bitcoin investors, known as whales, have withdrawn more than $1 billion worth of the cryptocurrency from the platform in recent weeks, moving over 18,000 BTC out of the exchange’s wallets.</p><h2 id="header-1">Cryptos Headlines Token Airdrop Is Live, Claim $50 Worth Of 5000 CHT Token Free On <a href="https://cryptosheadlinestoken.com/index.php/tokenomics/" rel="noopener noreferrer nofollow">CryptosHeadlinesToken.com</a></h2><p><img src="https://i0.wp.com/cryptosheadlines.com/wp-content/uploads/2024/02/Screenshot_5.png?fit&#61;1276%2C681&amp;ssl&#61;1" /></p><p>This movement aligns with reports of increased <a href="https://cryptosheadlines.com/chainlink-whales-increase-buying-activity-can-link-surpass-20/" rel="noopener noreferrer nofollow">buying activity by whales</a>, who have accumulated over 100,000 BTC in just ten days, totaling over $5 billion. These findings come from <a href="https://cryptosheadlines.com/cryptocurrency-analyst-forecasts-bitcoin-to-reach-40000-in-the-fourth-quarter-of-2023/" rel="noopener noreferrer nofollow">cryptocurrency analyst</a> Ali Martinez.</p><p><a href="https://cryptosheadlines.com/solana-ready-for-120-starknet-volatility-explosion-cardano-ascends/" rel="noopener noreferrer nofollow">Also Read:   Solana Ready for $120; Starknet Volatility Explosion; Cardano Ascends?</a></p><p>It’s uncertain whether the data includes Bitcoin addresses associated with spot Bitcoin ETFs. However, it highlights the mounting pressure on <a href="https://cryptosheadlines.com/bitcoins-bull-run-pauses-ahead-of-halving-event/" rel="noopener noreferrer nofollow">Bitcoin’s supply as the upcoming halving event</a> in April approaches. This event will reduce the reward that miners receive for discovering blocks.</p><p><em><strong>Important:</strong> Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.</em></p>

Bitcoin Holders Sell 200000 BTC So Far This Year

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