Long-Term Holders Secure $138M Daily As Bitcoin Market Shows Mixed Signals

Long-Term Holders Secure $138M Daily As Bitcoin Market Shows Mixed Signals

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Source: TheMerkle.com

In recent months, Long-Term Holders (LTH) have been consistently locking in around $138 million in daily profits despite turbulent market conditions.

This steady flow of profits underscores the ongoing supply and demand dynamics, where each transaction involves a buyer and a seller, with price adjustments balancing these forces.

This $138 million daily sell-side pressure from LTHs suggests a significant amount of capital is required each day to absorb this supply

Read More https://themerkle.com/long-term-holders-secure-138m-daily-as-bitcoin-market-shows-mixed-signals/

The post "Long-Term Holders Secure $138M Daily As Bitcoin Market Shows Mixed Signals" appeared first here TheMerkle.com.

Source: TheMerkle.com

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