TechFlow news, December 9 — According to Cointelegraph, CryptoQuant analyst Maartunn stated on social media that since November 8, long-term Bitcoin holders (wallets holding BTC for at least 155 days) have sold 827,783 BTC, worth approximately $82.59 billion.
Maartunn emphasized that during the same period, MicroStrategy purchased around 149,800 BTC, while spot Bitcoin ETFs saw inflows equivalent to 84,193 BTC.
Citing CryptoQuant's 30-day retail demand chart, Maartunn noted that despite strong selling pressure from long-term holders, Bitcoin has remained resilient as retail demand has reached an "annual high."
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