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Bitcoin LTHs continue to sell in losses, all despite…

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Bitcoin has seen wide-ranging fluctuations in 2022 as it dropped massively during this bear market. One aspect that has appreciated in significance lately is the sentiment of long-term holders.

The selling pressure on LTHs has reduced as prices rallied throughout July above their average cost basis – $22.6k.However, despite the lowering of financial constraints, LTHs continue to sell at net losses tucked in between 11% and 61% on average.

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