Long-term Bitcoin investors continue to add to their BTC holdings despite the recent declines.
Data provided by the on-chain analytics platform Glassnode, despite the recent declines in the cryptocurrency market, LONG term Bitcoin investors’ assets adding revealed what he did. Long-term investors, 155 day or for longer It represents the accounts holding.
In addition, cryptocurrencies price-earnings Similarly, the rate of bitcoin oversold may be And 27 thousand dollars of the band short term buying opportunity demonstrated that it can. This is where investors don’t lose interest balanced market view of long-term investors purchase directional transactions dominate.
According to another on-chain table shared by Glassnode recently of FTX long-term investors, which has increased since its bankruptcy May of all BTC in circulation as of 74%He’s holding on and that’s all time record means level.
Although there are volatile movements on the price and there is a panic atmosphere in the short-term outlook, the reliability of the Bitcoin network and the reliability of the Bitcoin network in the long-term view. your supply decrease is one of the factors that attract investors. Bitcoin’s next halving, according to data received by Nicehash April 2, 2024 Investor interest is increasing day by day.
According to CoinGecko data, in the last 24 hours 1.3% depreciating BTC, at the time of writing at $27,597 is being traded.
