$VELVET

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Total Engagement - Comments: 2, Retweets: 0, Likes: 2, Impressions: 2330

Verbatim Community Citations & Social Evidence 1 source posts analyzed

@Murphychen888

Source Post ↗

It does feel a bit strange! Over the past two days, long-term holders (LTH) have suddenly been transferring chips on a massive scale. For two consecutive days, over 65,000 BTC have been moved (excluding internal transfers within the same entity), leading to a sharp drop in LTH

AI visual note: The image is a Glassnode chart titled "长期持有者的转移量（实体调整后）" (Long-term holder transfer volume, entity-adjusted), showing BTC transfer volume (orange bars) against Bitcoin's price (black line) from July 17 to July 27. It highlights two recent spikes of 6.5w BTC each (around 65,000 BTC transferred on consecutive days), as called out by analyst @Murphychen888, correlating with a sharp decline in LTH supply as long-term holders move significant amounts of Bitcoin.

❤️ 20 likes · 🔁 1 retweets · 💬 16 comments 👁️ 4.6K views

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