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