- The holdings of short-term Bitcoin holders have reached a 40-month high of 5,439,700.
- It was stated that the holdings of short-term holders generally increase in a bull market.
- It was added that the downward trend in short-term holders' BTC holdings has ended.
STAT AI Notice
- The article was summarized using an artificial intelligence-based language model.
- Due to the nature of the technology, key content in the text may be excluded or different from the facts.
The Bitcoin (BTC) holdings of short-term holders have reached a 40-month high.
On the 20th (local time), Martun, an analyst at CryptoQuant, stated on X, "The amount of BTC held by short-term Bitcoin holders has reached 5,439,700," adding, "This is the highest level reached in 40 months." He further noted, "Generally, the holdings of short-term holders increase in a bull market," and added, "The downward trend in short-term holders' BTC holdings has ended."
Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBitPiCK News
Bitcoin (BTC) Temporarily Recovers $102,000
3 hours ago
MicroStrategy Purchases an Additional 1,070 Bitcoins (BTC) Worth Approximately 147.1 Billion KRW
6 hours ago
"Elon Musk's 'X Money' May Launch Early, Supporting Cryptocurrency Payments"
6 hours ago
Last Week's Digital Asset Investment Products Saw $75 Million Outflow... $580 Million Inflow in the First 3 Days of the New Year
7 hours ago
"11 Global Public Companies Purchased Additional Bitcoin (BTC) Last Week... Buying Trend May Continue This Year"
10 hours ago
Ranking News