Short-Term Holders Face Bitcoin Losses, Long-Term Holders Sell

Short-term Bitcoin investors face significant losses, with nearly all coins bought since mid-June now worth less than their purchase price. Meanwhile, long-term holders are selling off some of their holdings, likely due to personal reasons rather than a negative view of Bitcoin. Despite the recent price drop, US spot Bitcoin ETFs remain stable, suggesting the selling pressure is primarily from long-term holders.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.