Bitcoin OG selling eases as dormant BTC movement hits 4-year low: Galaxy
Dormant BTC activity fell to its lowest level since Q3 2022, suggesting long-term holders have slowed distribution after heavy profit-taking. Dormant Bitcoin movement in the second quarter fell to its lowest level since the third quarter of 2022, according to data shared by Alex Thorn, Galaxy’s head of firmwide research. Coin days destroyed, a metric…