Investors who have held $BTC for six months or more have sold at least some of their coins since the implosion of FTX_Official. The selling is a sign of a lack of conviction among long-term holders. Watch Chart of the Day, presented by cryptocom:
Investors who have held bitcoin for six months or more have sold at least some of their coins since crypto exchange FTX collapsed, according to Glassnode.
The selling is a sign of a lack of conviction among long-term holders, which could spell more trouble ahead for the price of the cryptocurrency. "All About Bitcoin" host Lawrence Lewitinn breaks down the Chart of the Day.
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