{"id":136775,"date":"2024-09-05T08:30:39","date_gmt":"2024-09-05T05:30:39","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=136775"},"modified":"2024-09-04T16:08:38","modified_gmt":"2024-09-04T13:08:38","slug":"massive-bitcoin-sell-off-sparks-market-turbulence-analyst-warns","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/massive-bitcoin-sell-off-sparks-market-turbulence-analyst-warns\/","title":{"rendered":"Massive Bitcoin Sell-Off Sparks Market Turbulence, Analyst Warns"},"content":{"rendered":"

Martinez reported that short-term holders have sold off approximately 642,366 BTC, equating to about $36.4 billion, in just a few weeks.<\/p>\n

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While many aspire to be diamond hands \ud83d\udc8e\ud83d\ude4c and HODL, short-term holders actually have a big impact on #Bitcoin<\/a>\u2018s price. When they buy, $BTC<\/a> typically rises, but when they sell, the market feels the pain.<\/p>\n

Since mid-August, these holders have offloaded 642,366 #BTC<\/a>! pic.twitter.com\/cXEZXeL8dD<\/a><\/p>\n

\u2014 Ali (@ali_charts) September 2, 2024<\/a><\/p><\/blockquote>\n