On-chain data shows Bitcoin long-term holders continuing to ‘soak up supply’ around $30K

May 31, 2022 CoinTelegraph

Despite being underwater on a portion of BTC positions, data shows long-term holders continuing to accumulate Bitcoin in its current range.

Source: https://cointelegraph.com/news/on-chain-data-shows-bitcoin-long-term-holders-continuing-to-soak-up-supply-around-30k

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