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Bitcoin Market Power Structure Quietly Shifts as Long-Term Holders Sell 500,000 Bitcoins
Summary: According to Bloomberg, the Bitcoin market is undergoing a silent shift in control. Long-term holders (miners, offshore funds, and anonymous wallets) are steadily selling around 500,000 Bitcoins, while institutional investors such as ETFs, corporations, and asset management companies are almost one-to-one taking over. This shift has led to Bitcoin struggling to break through its historical ...
According to Bloomberg, the Bitcoin market is undergoing a silent shift in control. Long-term holders (miners, offshore funds, and anonymous wallets) are steadily selling around 500,000 Bitcoins, while institutional investors such as ETFs, corporations, and asset management companies are almost one-to-one taking over. This shift has led to Bitcoin struggling to break through its historical high of $110,000, with volatility dropping to a two-year low. Analysts point out that this phenomenon is reshaping Bitcoin's position in the investment field, signaling a significant change in the structure of the cryptocurrency market.
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Link: Bitcoin Market Power Structure Quietly Shifts as Long-Term Holders Sell 500,000 Bitcoins [Copy]
