Long-Term Holders Drain 210K BTC Amid Whales' Buying Frenzy
A recent movement of 210,000 BTC by long-term holders marks the biggest drop since 2024.
The move comes as a larger trend of Bitcoin whales increasing their holdings. According to CryptoQuant, wallet balances with over 100,000 ETH have added approximately $1 billion in value.
This development highlights a sharp divergence among holders, with some accumulating and others selling.