BTC price action over the past month has had major consequences for Bitcoin investor dynamics.
Bitcoin (BTC) speculators have net distributed more than 21,000 BTC over the past month in an exit which rivals records, data shows.
In a Quicktake blog post on Sept. 9, onchain analytics platform CryptoQuant revealed capital “flowing” to long–term holders.
BTC price performance in recent weeks has led to a collapse in faith among its newer hodler cohorts.