1 day ago

Bitcoin Long-Term Holders Return to Heavy Accumulation as On-Chain Signals Hint at Renewed Bullish Momentum

TL;DR Bitcoin long-term holders accumulated a record 1.29 million BTC over 30 days. This is the strongest reading in more than six years. Glassnode data shows long-term holders have returned to significant realized profits, a pattern that has historically preceded strong rallies. Bitcoin has rebounded about 15% and is approaching the $68,000 Short-Term Holder Realized [...]

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Source: Blockonomi →