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Bitcoin Price Stands Strong: Long-Term Holders Cash In, Checkmate Reveals

Bitcoin Price Stands Strong: Long-Term Holders Cash In, Checkmate Reveals

Author:
CoindeskEN
Published:
2025-06-30 08:15:38
11
3

Bitcoin Price Not Being Suppressed, Selling by Long-Term Holders, Checkmate Says

Bitcoin isn't buckling under pressure—despite long-term holders finally taking profits. Here's why the market isn't blinking.

### The Unshaken Giant

No suppression, no panic. Bitcoin's price action shrugs off sell-offs from its most loyal bagholders. Checkmate's data shows even veterans are rotating stacks—yet BTC refuses to crater.

### Paper Hands? Try Calculated Exits

These aren't weak hands dumping. Long-term holders are locking in gains after years of diamond-handed resolve. The kicker? Demand soaks it up like a DeFi exploit refund.

### The Cynic's Corner

Wall Street still can't decide if crypto's a 'risk asset' or inflation hedge—meanwhile, Bitcoin does both while bankers argue over PowerPoint slides.

Bottom line: The king of crypto eats sell pressure for breakfast. Again.

|Square

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