CryptoQuant reports: Long-term holders sold 295,000 BTC in 30 days, much lower than 800,000 in May 2024

In the past month, long-term BTC holders have sold a total of 295,000 BTC, averaging 9,800 BTC daily. This sales volume is notably lower than the peaks seen earlier this year.

The current sale figures suggest stable market demand for BTC, which may indicate a bullish trend if the demand continues to absorb selling pressure.

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