Markets· ★★★· neutral·

CryptoQuant: Bitcoin long-term holder distribution drops 22% in a week

  • —Bitcoin LTH MVRV slipped from 1.67 to 1.65
  • —30-day LTH distribution fell from 310,000 to 240,000 BTC
  • —LTH average cost basis is $48,000 versus BTC near $80,000
  • —LTH profit buffer narrowed by 2 percentage points this week
Why it matters: Slower distribution signals easing sell pressure, but a deeper price drop could push long-term holders to offload supply.
#BTC
Source: PANews
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