The resurgence of 'Coin Hoarding' increases the probability of Bitcoin rising!!
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Recent data shows that the daily deposit amount of Bitcoin on cryptocurrency exchanges is only about 30,000 BTC, close to the 2016 low point, far below the 10-year average of 90,000 BTC, not to mention the peak of the 2021 bull market at 125,000 BTC. This phenomenon has sparked widespread discussion in the market: Bitcoin investors are choosing to hold assets in cold wallets instead of depositing them in exchanges. This trend reveals confidence and expectations for the future value of Bitcoin.
Firstly, users storing their assets in cold wallets demonstrates their strong belief in the long-term value of Bitcoin. Cold wallets offer higher security, suitable for long-term holders, which means investors are not in a hurry to sell but choose to 'hoard coins', waiting for the next market boom to arrive.
Secondly, this phenomenon reflects the deepening of the decentralization concept in cryptocurrency. In the past, exchanges were the core of asset management, but now, more and more investors choose to take control of their own assets, returning to the original intention of Bitcoin's creation: self-sovereignty and financial freedom.
Despite the market downturn, this trend is a positive signal. It indicates that the core value of Bitcoin is widely recognized, and long-term investors are injecting stability and hope into the market through their actions. Regardless of short-term fluctuations, the firm beliefs of these cold wallet holders will become a strong cornerstone for the future market recovery.
What does this signal represent? It represents that you should hoard good projects' coins, whether it's Bitcoin, altcoins, or primary markets. What will happen next is like an arrow piercing the clouds to meet thousands of troops, 06871327736, the next hundredfold or thousandfold coin shared with everyone, the top narrative IP of Elon Musk's concept, as long as it's Old Horse's Dogecoin, breaking through the sky is just a matter of time.