In recent months, Long-Term Holders (LTH) have been consistently locking in around $138 million in daily profits despite turbulent market conditions. This steady flow of profits underscores the ongoing supply and demand dynamics, where each transaction involves a buyer and a seller, with price adjustments balancing these forces. This $138 million daily sell-side pressure from LTHs suggests a significant amount of capital is required each day to absorb this supply and keep prices stable. Amidst tumultuous market conditions as of late, Long-Term Holders have been locking in a reasonably consistent $138M in profit per day. With each transaction, a buyer
The post Long-Term Holders Secure $138M Daily As Bitcoin Market Shows Mixed Signals appeared first on The Merkle News.
