Bitcoin's new problem: it's not leverage, it's long-term holders cashing out
Long-term holders have sold approximately 400,000 Bitcoin ($45B) in the past month. This sell-off is driven by spot markets and fading conviction, not high leverage. Bitcoin fell below the key $100,000 level for the first time since June. Bitcoin has once again slipped below the critical $100,000 mark, but the force driving this latest downturn [...]The post Bitcoin's new problem: it's not leverage, it's long-term holders cashing out appeared first on CoinJournal.