Bitfinex Alpha: Long-term holders did not participate in the recent sell-off, and BTC's fundamental strength remains unshakable

Odaily News Bitfinex Alpha research report shows that Bitcoin faced selling pressure last week, and its price fell from about $65,000 earlier to the $60,000 range. But on-chain data shows that long-term holders do not seem to participate in the recent sell-off. The source of the sell-off seems to be mainly short-term holders (holders who hold for 155 days or less), and the fundamental strength of Bitcoin remains unshakable. (bitfinex)