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IntoTheBlock: Bitcoin positions in the range of 10,000 to 100,000 have sold 25,740 BTC in the past 7 days

On February 26, IntoTheBlock issued a document stating that Bitcoin holds in the range of 10,000 to 100,000 were the main sellers in this decline, selling 25,740 BTC in the past seven days. Still, overall on-chain data shows that Bitcoin addresses are generally hoarding, indicating that many traders are taking advantage of lower prices to increase their BTC holdings.

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