Bitfinex: The real selling pressure does not come from ETF investors, but from long-term holders, whales and miners
By:Cointime
Bitfinex stated on social media that the on-chain metrics show that the real selling pressure is not coming 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.
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