Data: Bitcoin long-term holders have increased their holdings by more than 250,000 BTC in the past two months.

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CoinVoice has learned that, according to Cointelegraph, Brickken analyst Enmanuel Cardozo stated that although Bitcoin may experience short-term decline, the rebound after the FOMC meeting is a positive signal for market participants. He believes that investors should follow the accumulation of long-term Bitcoin holders rather than short-term fluctuations to assess the trend of Bitcoin, and added: "As seen in on-chain data, long-term holders continue to accumulate, and these holders are quietly increasing their holdings."

Glassnode data shows that the BTC holdings of Bitcoin long-term holders increased by over 250,000 BTC in less than two months, rising from 13.1 million BTC on February 11 to over 13.3 million BTC on March 22. [Original link]

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GateUser-933ef443vip
· 03-24 07:41
Steadfast HODL💎
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