Bitcoin’s long-term holders shift to accumulation

exchange68September 11, 2024

0 0 2 minutes read

The behaviors of long-term holders (LTHs) and short-term holders (STHs) offer fascinating insights into market trends. While LTHs, those invested in Bitcoin for over 155 days, have recently sold about 1 million units amid certain market shifts, the STHs show a contrasting pattern, accumulating approximately 1.2 million Bitcoin in the same timeframe. This intriguing dance between the two types of holders hints at underlying market forces and potential shifts in Bitcoin’s value. Could the changing tactics of LTHs coupled with the aggressive acquisitions by STHs signal a new phase for Bitcoin’s pricing trends? Discover what the comprehensive data suggest about the future dynamics of the market.

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