CryptoQuant contributor MAC.D says short-term holder losses are widening but selling pressure is easing, with their exchange inflows down 69.7% to about 9,900 BTC on 9 Nov from 32,695 BTC on 6 Nov. MAC.D says a continued decline could support a Bitcoin rebound.
MAC.D says falling Bitcoin exchange inflows may ease selling pressure
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The story so far: Bitcoin holder selling pressure analysis
On-chain analysts have tracked Bitcoin holder exchange inflows during the recent decline, with short-term holders moving large volumes and realising losses. Murphy said LTH realised losses hit $139m on 5 Nov. MAC.D now says short-term holder exchange inflows fell 69.7% to about 9,900 BTC on 9 Nov, which could support…
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MAC.D says falling Bitcoin exchange inflows may ease selling pressure
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