Sam Price Analyzes Bitcoin Mid-term Holder Trends
According to Twitter user Sam Price, CryptoQuant data shows that only 4.4% of Bitcoin held for 6 to 12 months flowed into exchanges in the past 30 days, a significant drop from 40.4% in June. Of the approximately 205,000 Bitcoins recently moved, about 9,100 entered exchanges, compared to around 63,800 previously. The images show the price fluctuations of BTC-USDT on OKX, with the latest marked price at $82,444. This data indicates a decrease in the Bitcoin flowing into exchanges, and new demand is still needed to drive prices up.
-- Price
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