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+--- Thread: 7y-10y bitcoin holders are selling (/showthread.php?tid=6239545)
7y-10y bitcoin holders are selling - kriptoles - Apr 20, 2023
![[Image: FuJ0fCMXgAAhECW.jpg]](https://pbs.twimg.com/media/FuJ0fCMXgAAhECW.jpg)
Spent Output 7y-10y is a band in the indicator called Spent Output Age Bands, which measures Bitcoin's age and market activity. This band represents the use of Bitcoins aged between 7 and 10 years. Looking at historical data, increases in the Spent Output 7y-10y section have occasionally led to decreases in Bitcoin price.
RE: 7y-10y bitcoin holders are selling - shreder - Apr 20, 2023
They are selling their BTC for Ethereum thats why.
RE: 7y-10y bitcoin holders are selling - Chida - Apr 20, 2023
Yeah, just now 9.3 year sleeping 6071 BTC wallet just did a transaction:)
RE: 7y-10y bitcoin holders are selling - oRequiem - Apr 20, 2023
(Apr 20, 2023 05:14 AM)shreder Wrote: They are selling their BTC for Ethereum thats why.
Seeing something like this makes me regret not selling my doge when it was at its highest.
I made the mistake of waiting it out believing it would get a bit higher.
RE: 7y-10y bitcoin holders are selling - SIM-1866423 - Apr 21, 2023
(Apr 20, 2023 05:14 AM)shreder Wrote: They are selling their BTC for Ethereum thats why.
Nobody doing that idiotic thing, hopefully.