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Bitcoin Sellers Are ‘Minimal’ Despite High Price

Bitcoin Sellers Are ‘Minimal’ Despite High Price


CryptoIntelligence
2024-09-25 15:20:00

Bitcoin sellers are now “minimal” despite prices remaining within 15% of their all-time highs. Data from the on-chain analytics platform CryptoQuant indicates that sell-side risk is at its lowest since the beginning of 2024. Bitcoin may have experienced knee-jerk sell-offs during recent bouts of price volatility, but overall, few seem “willing” to capitulate. CryptoQuant contributor Axel Adler Jr. analyzed the sell-side risk ratio metric, revealing that the number of potential sellers has dropped significantly since the BTC/USD all-time high in March. “Since the $73K peak, the number of people willing to sell Bitcoin has dropped to a minimum zone over


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