BTC Holders May Sell To Realize Profits Following April Rally
Bitcoin profit-taking could accelerate as BTC prices climb to three-month highs and investors begin locking in gains, according to Julio Moreno, head of research at onchain analytics platform CryptoQuant. Holders realized 14,600 BTC in profits on Monday, or $1.1 billion, following Bitcoin’s April rally, Moreno said, adding that this is the “highest” single day of...
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