
Written by coinkairaJanuary 26, 2025
Surge in BTC holder sales following Trump’s election: 500,000 BTC sold
Cryptocurrency Article
According to a report published by Intruderblock on X long-term Bitcoin (BTC) holders have significantly increased their selling activities since Donald Trump’s election as President of the United States. The analysis reveals that approximately 500,000 BTC, valued at around $500 billion, have exited long-term holders’ wallets since November 2024.
This trend indicates a significant shift in market dynamics and raises questions about the motivations behind long-term investors’ selling decisions and their potential impacts.
Hodler selling accelerated since Trump's election, with 500k BTC (~$50B) leaving long-term holders' addresses since November pic.twitter.com/xcpmBFwSHe
— IntoTheBlock (@intotheblock) January 24, 2025
Here are the key findings from the Intruderblock analysis:
Increased Selling Activity: There has been a noticeable rise in selling rates among long-term Bitcoin (BTC) holders following Donald Trump’s election as President of the United States.
Significant BTC Sales: The analysis reveals that approximately 500,000 BTC, valued at around $500 billion, have exited the wallets of long-term holders since November 2024.
Shift in Market Dynamics: These sales indicate a significant shift in market dynamics, potentially affecting investor behavior.
Investor Motivations: Questions have arisen regarding the motivations behind long-term investors’ selling decisions. This may relate to factors such as market confidence, economic conditions, or the impact of Trump’s policies.
Market Implications: The potential effects of long-term investors’ sales on Bitcoin prices and the overall cryptocurrency market are highlighted.
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