Divergence of long-term holders Long-term holders who have held positions for more than 155 days continue to buy, and when we looked at it last week, there was still nearly 200,000 BTC bought by current long-term holders and the all-time high, but only a week later, the BTC held by long-term holders is less than 50,000 BTC from the all-time high. This data is more indicative of the fact that the investors who have been buying at the end of the day are not only short-term investors, but also more long-term investors, and the last time there was nearly 1.43 million BTC in stock, long-term holders have begun to take the distribution route. It shows that more long-term holders believe that it is already the high point of the price and started to leave the market at $62,300, and now it is only $5,000 from the all-time high, and long-term holders continue to increase their holdings rather than choose to leave. This tweet is sponsored by @ApeXProtocolCN|Dex With ApeX
Show original
17
18.95K
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.