250,000 Bitcoins bought by long-term holders since LUNA crash on May 7
According to data shared by IntoTheBlock, the BTC balance of addresses that have been holding Bitcoin for more than one year has reached a new historic peak; now, these wallets hold 12.73 million Bitcoin.
Since May 7, the owners of these wallets have acquired an astounding 250,000 Bitcoins. This acquisition began on approximately May 7, when Luna Foundation Guard (LFG), the organization behind Terra’s LUNA coin and UST algorithmic stablecoin, began selling its Bitcoin stash or, rather, “lending to market makes.”