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Ongoing Profit-Taking Could Slow Bitcoin’s (BTC) Move to Record High

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Lengthy-term holders (LTH), outlined by Glassnode as these holding cash or at the least 155 days, may very well be the one taking income, dwelling as much as their status of being sensible merchants or people who purchase when costs are depressed and promote right into a rising market. As of writing, LTHs maintain solely 500,000 BTC at a loss, which is a small fraction, contemplating they maintain 14 million BTC as a cohort.



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