Long-term Bitcoin (BTC) investors took action
According to Glassnode data, long-term Bitcoin holders are starting to accumulate again for the first time since December 2023, after months of sales. According to Glassnode data, long-term Bitcoin owners are starting to accumulate again for the first time since December 2023, after months of sales.
In a report published by Glassnode, it was stated that âBitcoin, which is increasingly approaching ATH, continues its accumulation process and long-term BTC investors are starting to accumulate again for the first time since December 2023.â Analysts said that the selling pressure from long-term BTC holders last week He stated that it has decreased significantly and investors have returned to their savings models; This suggests that volatility is necessary to motivate any new wave of selling.
