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K33 Says Sell-Side Pressure (intense selling activity effect) From Long-Term Bitcoin Holders Nears Saturation

According to K33, sell-side pressure (intense selling activity effect) among long-term Bitcoin holders is close to saturation; the brief note was shared with a link and provided no additional details.

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Summary

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Terms & Concepts
  • Sell-side pressure: Concentrated selling by market participants that can weigh on price levels.
  • Long-term holders (Bitcoin): Investors who have held Bitcoin for an extended period before deciding to sell.