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Bitcoin sell-side risk hits 2024 low just $10K from BTC price record

Bitcoin sellers are not rushing to distribute coins at current BTC price levels — even as hodler cohorts return to net profit.

Bitcoin (BTC) sellers are now “minimal” despite prices hovering within 15% of all-time highs.

Data from onchain analytics platform CryptoQuant shows that sell-side risk is at its lowest since the start of 2024.

Bitcoin may have seen episodes of knee-jerk sell-offs during bouts of BTC price volatility in recent months, but overall, hardly anyone appears “willing” to capitulate.

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Bitcoin sellers are not rushing to distribute coins at current BTC price levels — even as hodler cohorts return to net profit.
Bitcoin (BTC) sellers are now “minimal” despite prices hovering within 15% of all-time highs.Data from onchain analytics platform CryptoQuant shows that sell-side risk is at its lowest since the start of 2024.Bitcoin may have seen episodes of knee-jerk sell-offs during bouts of BTC price volatility in recent months, but overall, hardly anyone appears “willing” to capitulate.Read more  

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