2024

Bitcoin

when

Coin

<ul class="wp-block-list news-points">
 <li><strong>Bitcoin long-term holders reduced balances by 9.8 percent, less severe than previous cycles.&nbsp;&nbsp;</strong></li>
 <li><strong>Short-term holders spike during price peaks while long-term holders show consistent resilience.&nbsp;&nbsp;</strong></li>
 <li><strong>Exchange outflows increase during rallies and inflows rise during bearish market corrections.</strong></li>
</ul>
<p>Bitcoin’s long-term holders are slowly selling some of their Bitcoin. Data from IntoTheBlock shows that long-term holders now have 12.45 million BTC, the lowest level since July 2022.</p>
<p>But this drop is less than in previous cycles. In this cycle, long-term holder balances are down 9.8%, compared to the 15% reduction in 2021 and the 26% dip in 2017.</p>
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   <p lang="en" dir="ltr">Bitcoin long-term holders are gradually reducing their balances, now holding 12.45 million BTC—the lowest level since July 2022.<br><br>So far, this decline is less severe than in past cycles. Long-term holder balances have fallen by 9.8% this cycle, compared to 15% in 2021 and 26% in… <a href="https://t.co/eA5Cckrgs4" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/eA5Cckrgs4</a></p>— IntoTheBlock (@intotheblock) <a href="https://twitter.com/intotheblock/status/1863870874643791972?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">December 3, 2024</a>
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<h2 class="wp-block-heading" id="h-long-term-holder-balances-and-bitcoin-price">Long-Term Holder Balances and Bitcoin Price</h2>
<p>Historically, when long-term holder balances go down, Bitcoin prices are high. In the 2018 market cycle, the balances of long-…</p>
<p>The post <a href="https://coinedition.com/long-term-bitcoin-holders-trim-balances-during-bull-run/" rel="noopener noreferrer nofollow">Long-Term Bitcoin Holders Trim Balances During Bull Run</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.</p>

Long-Term Bitcoin Holders Trim Balances During Bull Run

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Coin Edition

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