Opinion: The real selling pressure does not come from ETF investors, but originates from long-term holders, whales and miners
ChainCatcher news, Bitfinex stated on social media that on-chain indicators show that the real selling pressure does not come from ETF investors, but from long-term holders, whales and miners. The Hodler net position change indicator, which measures whale holdings, has been negative for the past nine days.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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