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Bitcoin Price Under Pressure as Veteran Holders Send Billions to Exchanges

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Bitcoin Price Under Pressure as Veteran Holders Send Billions to Exchanges

The recent Bitcoin decline below the $108,000 mark has coincided with major wallet activity from early adopters. According to blockchain data shared by Lookonchain, long-time holders, aka ‘Bitcoin OGs’, have transferred large sums of BTC to major exchanges in recent weeks.

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