The chances these long dormant coins are being moved by a nefarious actor is very low
It’s just as likely that a nefarious actor is moving recently attained coins
_Checkmatey_ (nprofile…7ce7) does some great on-chain anlaysis looking at long-term holder behaviour
And frankly it explains so well why we get sell-side pressure when the price runs
People have made a amazing returns, far better than any other asset class, and it makes sense to cash some in
I believe that’s what we’re seeing
jakewoodhouse / Jake Woodhouse
npub1lt…6k4fh
2025-11-04 01:28:53 UTC
in reply to nevent1q…yrts
Author Public Key
npub1ltz38gwwmmg740r5qlqjn96gth5thv5wmhkwlgqks9lu3485q7jsy6k4fhPublished at
2025-11-04 01:28:53 UTCEvent JSON
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"kind": 1,
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"content": "The chances these long dormant coins are being moved by a nefarious actor is very low\n\nIt’s just as likely that a nefarious actor is moving recently attained coins \n\nnostr:nprofile1qqsqt6gwlarurc8v4aw9hh2vkfdedxfh9zngmza0tlw4e66wf3fzvjqpzemhxue69uhhyetvv9ujumn0wd68ytnzv9hxgqg7waehxw309aex2mrp0yhx66twv3ejucm0d5hkummnw3ez7a33447ce7 does some great on-chain anlaysis looking at long-term holder behaviour \n\nAnd frankly it explains so well why we get sell-side pressure when the price runs\n\nPeople have made a amazing returns, far better than any other asset class, and it makes sense to cash some in\n\nI believe that’s what we’re seeing",
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