Bitcoin Trader Selling Pressure Declining, CryptoQuant Head Explains Why
NewsBTC 20 Apr 2024
The head of research at the on-chain analytics firm CryptoQuant has explained why selling pressure from Bitcoin traders may be declining. Bitcoin Short-Term Holder Realized Price Has Risen To $60,000 ... “Bitcoin selling pressure from traders may be declining as unrealized profit margins are basically zero now,” notes the CryptoQuant head.
CEO, Michael Saylor, netted $370 million from stock sales
Cryptopolitan 20 Apr 2024
Bitcoin’s implications on the performance of MicroStrategy. Saylor’s leadership took MicroStrategy from a company that owns bitcoins to one whose entire balance is invested in Bitcoin, buying about 214,000 bitcoins since the middle of 2020 ... Some retail investor suspects that Saylor would sell some of them as a strategy to buy more bitcoins directly.