📊CryptoQuant: OG Bitcoin Holders Cut Back on Selling
According to CryptoQuant, long‑term Bitcoin holders (those holding for more than 5 years) have significantly reduced their selling activity.
The STXO (Spent Transaction Output) 90‑day average has dropped from previous peaks of 3.8K BTC to just 1K BTC. This reduction in supply pressure creates a positive setup for Bitcoin’s price – if demand holds steady, a strong unexpected rally could follow.
📱 AI | Crypto | Tech
According to CryptoQuant, long‑term Bitcoin holders (those holding for more than 5 years) have significantly reduced their selling activity.
The STXO (Spent Transaction Output) 90‑day average has dropped from previous peaks of 3.8K BTC to just 1K BTC. This reduction in supply pressure creates a positive setup for Bitcoin’s price – if demand holds steady, a strong unexpected rally could follow.
📱 AI | Crypto | Tech