My Analysis on Bitcoin's Transition
đ Today's Title: "Significant Increase in Coin Days Destroyed for Bitcoin â The Old Holders are Selling!"
î¨0-2î¨ đ According to CryptoQuant's analysis, the CDD ratio (i.e., transfer of old stored coins) has reached its highest levels since 2014â2019 â a clear indication of old Bitcoin holders sellingâŻî¨.
đ§ How to Settle the Analysis:
Is this an indicator of short-term decline?
Will compensation from institutional ETF flows support prices despite the selling?
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