Analyst: Bitcoin Long-Term Holders' Holdings Decline for 5 Consecutive Weeks, Selling Pace Slows Nearly Fivefold in Past 30 Days

Odaily reports, according to AxelAdlerJr monitoring, after August 19, Bitcoin long-term holders' holdings decreased for 5 consecutive weeks. Over the past 30 days, their selling pace slowed from 105,900 BTC on August 30 to 21,700 BTC on September 20; last week, holdings decreased by 47,800 BTC. LTH SOPR data shows that most Bitcoin was sold at a loss.