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Net Metrics Miss the Real Story as Long-Term Holders Spend 370,000 BTC Monthly
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Long-term Bitcoin holders have actively spent over 370,000 BTC in the past month, indicating higher on-chain activity. Despite a reported net distribution of around 144,000 BTC, gross spending highlights substantial involvement from LTHs.
Bitcoin long-term holders (LTHs) have been far more active on-chain than net metrics alone suggest, with more than 370,000 BTC spent over the past month.
While many market observers cite approximately 144,000 BTC of net LTH distribution over the last 30 days, based on the Long-Term Holder Net Position Change metric, gross spending data reveals a significantly larger volume of coins in motion.
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$ 84.02K
-0.48%
$ 0.0031
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$ 84.02K
-0.48%$ 0.0031
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Net Metrics Miss the Real Story as Long-Term Holders Spend 370,000 BTC Monthly
Share:
Long-term Bitcoin holders have actively spent over 370,000 BTC in the past month, indicating higher on-chain activity. Despite a reported net distribution of around 144,000 BTC, gross spending highlights substantial involvement from LTHs.
Bitcoin long-term holders (LTHs) have been far more active on-chain than net metrics alone suggest, with more than 370,000 BTC spent over the past month.
While many market observers cite approximately 144,000 BTC of net LTH distribution over the last 30 days, based on the Long-Term Holder Net Position Change metric, gross spending data reveals a significantly larger volume of coins in motion.
In This News
Coins
$ 84.02K
-0.48%$ 0.0031
Share:
In This News
Coins
$ 84.02K
-0.48%$ 0.0031
Share:
Read More
Jeffrey Epstein’s Shocking Bitcoin Revelation: 2017 Email Shows Cryptocurrency Skepticism Despite Early Investment