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Can the huge selling pressure from 14 years of Holdings $BTC be digested? $ETH continues to stabilize 🔥
The selling pressure on $BTC remains, and the sentiment for altcoins is warming up.
The most eye-catching news in the past two days is undoubtedly the progress of the selling pressure from the 80,000 BTC whale.
Currently, there are 4 addresses holding approximately 6000 BTC, worth around 720 million USD.
This means that most of the selling pressure has nearly been digested!
Selling pressure is not the issue; the key is whether there are buyers to absorb it.