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Bitcoin long-term holders reduce selling pressure near $80,000
Long-term Bitcoin investors are maintaining their positions as the cryptocurrency approaches the $80,000 mark. According to an analysis by CryptoQuant, the Exchange Inflow CDD metric—which tracks the age of coins sent to exchanges—remains at low levels.
This indicates that older holders are not moving large amounts of assets to centralized exchanges, which typically signals selling pressure. The moderate activity among long-term holders suggests a reduction in immediate market supply, helping to mitigate potential downward pressure on the price during this recovery phase.