Odaily Planet Daily News Bitfinex said in a report on Monday that Bitcoin's decline since March may be caused by long-term holders selling. However, blockchain data shows that this trend has stagnated and investors are accumulating Bitcoin. On-chain analysis company CryptoQuant said in a report on Tuesday that 50% of the long-term Bitcoin supply is "inactive" and there has been no movement or change in the Bitcoin holdings in the wallets it tracks. This is considered a strong long-term holding signal, which may indicate further price increases. Therefore, the sentiment surrounding Bitcoin's continued growth remains "stubbornly bullish", and QCP Capital has also noticed an increase in trading activity. (CoinDesk)