Long-term Bitcoin holders’ transfer volume remains low amid price corrections in 2024

2024-9-11 20:23

Onchain Highlights

DEFINITION: The total amount of coins transferred from long-term holders to exchange wallets.

Bitcoin’s transfer volume from long-term holders to exchanges reflects shifts in market sentiment. In 2024, this metric remained subdued until brief spikes in July and August, coinciding with slight price drops — suggesting that long-term holders might have taken profits or repositioned.

The overall pattern shows minimal spikes, highlighting a continued reluctance to move assets despite price volatility.

Long-Term Holder to Exchanges: (Source: Glassnode)

Looking back, historical peaks in this transfer volume, particularly in 2017 and 2021, align with Bitcoin’s price peaks, indicating that long-term holders contributed to market liquidity during bullish periods.

In contrast, 2024’s transfer activity remains low, which suggests that long-term confidence persists even as price corrections occur.

Long-Term Holder to Exchanges: (Source: Glassnode)

While previous years show a tendency for transfer volume to rise during bull runs, 2024 reveals a more conservative approach from these holders. This behavior may indicate anticipation of future price growth, with many opting to maintain their positions rather than exit during short-term fluctuations.

The post Long-term Bitcoin holders’ transfer volume remains low amid price corrections in 2024 appeared first on CryptoSlate.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

The Transfer Token (TTT) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 1.66 %
Cегодня L: $0 - H: $0
Капитализация $0 Rank 99999
Доступно / Всего 120.75m TTT / 2b TTT

long-term holders volume bitcoin transfer exchange transferred

long-term holders → Результатов: 126


Long-term holders weather brief volatility surge

Key Takeaways Long-term holders now hold 75% of the total circulating supply of Bitcoin The cohort has been growing steadily over the last eighteen months Enthusiasts hope the growth in the number of coins hoarded by long-term holders will cause a supply shortage and squeeze the price upward in the long-term The last eighteen months […] The post Long-term holders weather brief volatility surge appeared first on CoinJournal.

2023-8-23 16:58


Long-Term Bitcoin Holders Unfazed By Binance, Coinbase Lawsuits: Glassnode

Long-term Bitcoin holders are standing strong amidst the storm, undeterred by the recent lawsuit filed against Binance and Coinbase Exchange by the US Securities and Exchange Commission (SEC).  The resilience of these dedicated holders is evident as data from crypto markets analytics provider, Glassnode, reveals that the percentage of Bitcoin Long-Term Holder Supply sent to […]

2023-6-12 18:00


How DAFI Protocol Rewards Long-Term Token Holders and Supports Sustainable Project Growth

As more cryptocurrency projects are beginning to understand firsthand, keeping key stakeholders and early investors involved in a project’s ecosystem long-term is tough. With increasing speculation around new blockchain networks, specifically DeFi-focused platforms, cryptocurrencies can see instant price growth as they hit the market.

2021-3-7 09:32


Фото:

KeyFi Teams Up with Binance Smart Chain to Reward Long-Term Holders with Airdrop

With new projects receiving so much speculative value at the start of their life cycle, it can be hard maintaining the proper incentives to keep early adopters and stakeholders involved. To support long-term community involvement, KeyFi is partnering with Binance Smart Chain (BSC), one of the most popular smart contract platforms in the industry.  KeyFi […]

2021-2-23 22:02


Digital Asset Bitgesell Provides the Perfect Ecosystem to Become Digital Gold

Emerging digital asset Bitgesell has developed a practical ecosystem, and long-term solution for the digital gold debate. The project overcomes issues plagued by Bitcoin to make it an extremely attractive proposition to holders, miners, and businesses 18th May 2020, Amsterdam, Netherlands – Digital asset and cryptocurrency Bitgesell is a new project geared towards practical application, and offers a more […] The post Digital Asset Bitgesell Provides the Perfect Ecosystem to Become Digital Gold appeared first on NullTX.

2020-5-21 11:04


Фото:

Digital Asset Bitgesell Provides the Perfect Ecosystem to Become Digital Gold

Bitcoin Press Release: Emerging digital asset Bitgesell has developed a practical ecosystem, and long-term solution for the digital gold debate. The project overcomes issues plagued by Bitcoin to make it an extremely attractive proposition to holders, miners, and businesses 18th May 2020, Amsterdam, Netherlands – Digital asset and cryptocurrency Bitgesell is a new project geared […] The post Digital Asset Bitgesell Provides the Perfect Ecosystem to Become Digital Gold appeared first on Bitcoin PR Buzz.

2020-5-19 18:26


Фото:

Insurance firm Legal & General adopts Amazon’s blockchain for pension deals

Legal & General, a multinational British insurer, has partnered with Amazon to create a blockchain system for corporate pension deals. According to Reuters, Legal & General will be using Amazon Web Services’ managed blockchain system to process bulk annuities – benefit pension schemes sold by companies to insurers in a bid to mitigate risks for policy holders.

2019-6-12 17:49