The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
This summary text is fully AI-generated and may therefore contain errors or be incomplete.
This summary text is fully AI-generated and may therefore contain errors or be incomplete.
Bitcoin’s price has remained stagnant despite institutional buying, as long-term holders sell their holdings. Analysts attribute this trend to profit-taking by early investors following the launch of spot Bitcoin ETFs.
- Long-term Bitcoin holders have been selling since spot ETFs launched in January 2024.
- Institutional buying has been offset by profit-taking from early investors.
- Analysts suggest this dynamic explains Bitcoin's prolonged price stagnation.
📎 Read the original article on cointelegraph.com
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