Bitcoin mid-term holders slash exchange transfers to 4.4% from 40.4% in June
Reduced exchange transfers by mid-term Bitcoin holders may stabilize market volatility but highlight a lack of fresh buying demand. The post Bitcoin mid-term holders slash exchange transfers to 4.4% from 40.4% in June appeared first on Crypto Briefing.
AI summary
Bitcoin mid-term holders have cut their exchange transfers from 40.4% in June to just 4.4%, according to Crypto Briefing. The sharp drop in coins moving to exchanges suggests holders are less inclined to sell, which could reduce near-term volatility. However, the same data points to a lack of fresh buying demand, leaving the market without a clear directional catalyst.
