Analyst: Bitcoin Long-Term Holder Transfer Volume to Exchanges Rises to High Levels

TechFlow News, July 28, CryptoQuant analyst Darkfost stated in a post that data shows the volume of Bitcoin long-term holders (LTH) flowing into exchanges recently reached a phase high. Calculated based on the 90-day moving average, current LTH inflows account for 5.1% of total exchange inflows, approaching historical highs, only lower than the level of approximately 5.5% in 2020.

This change occurred during a phase of significant decline in Bitcoin price. Since this indicator uses 90-day moving average statistics, there is a certain lag in the short term. Overall, current data indicates that LTH trading activity has increased recently, but this trend may gradually stabilize subsequently.