CryptoQuant's on-chain data shows that more than 50% of Bitcoin supply has not moved.

Bitcoin Holders Maintain Their Long-Term Attitudes

This means that Bitcoin is not moving or changing hands in the monitored wallets, which is a sign that the holders have a strong long-term belief.

This data supports the possibility of further price increases due to solid belief in Bitcoin's future value.

Despite recent negative news, such as Mt. Gox hack and the DMM hack last week, sentiment around Bitcoin is still rising.

Singapore-based QCP Capital stated that there was an increase in trading activities and an optimistic outlook continued. “Despite the negative headlines, the market remains firmly up,” QCP Capital said in a statement late Monday.

Among larger tokens with market caps exceeding $1 billion, dog-themed FLOKI and synthetic dollar project Ethena's ENA tokens both gained more than 10%.

The market remains bullish overall, pointing to continued growth potential for Bitcoin and other major digital assets, especially as it awaits further developments such as the potential approval of additional cryptocurrency ETFs.

#BitcoinDunyamiz

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