Bitcoin Whales Sold Over $1B BTC in Past Two Weeks
$Bitcoin(BTC.CC$ Long-term bitcoin holders and miners have been significant sellers of the cryptocurrency in the past two weeks with little indication of renewed buying interest.
This trend has been observed through a decrease in UTXO age bands, indicating increased selling activity.
Some opine miners are shifting their focus to the booming AI sector due to the diminishing mining rewards post-halving, which may have increased selling activity.
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