The post Bitcoin Sell-Off Led by New Investors Seeking Quick Profits appeared first on Coinpedia Fintech News
Bitcoin (BTC) continues to hover near the $100,000 mark despite recent market corrections and over $500 million in liquidations. According to a report by Glassnode, the sell-side pressure in this bull run is primarily driven by newer investors. The report reveals that holders who acquired Bitcoin 6 months to a year ago have realized $12.6 …