Post by Augustine Chiagozie (@pabloexchange)
๐ Old Bitcoin wallets stir selloff fears as funding rates hold steady
Long-term Bitcoin holders moved thousands of BTC recently, with miner transfers also picking up โ two signals that have historically preceded selling pressure.
Despite the activity, Bitcoin's price held its ground and funding rates remained low, suggesting derivatives traders are not aggressively positioning for a downturn at this stage.
Markets are watching whether the on-chain movements translate into actual selling or represent routine wallet activity.
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