Unprecedented stability in the crypto market and broad accumulation by long-term investors 📈
Unprecedented stability in the crypto market and broad accumulation by long-term investors 📈
Background
💡 More than eighty percent of all bitcoins have not moved at all in the past six months
🔥 Long-term holders have added millions of coins to their holdings since 2020
Focus
🧐 The volume of transfers from old wallets was very small in the first half of the year
💡 Retail investors were sellers at first and then became buyers again in the third quarter
🔥 Financial reports point to reactive, cyclical behavior by retail buyers in the market
Implications
💡 Stable ownership in the hands of whales and veterans reduces sudden supply in the market
🧐 Continuation of this trend could strengthen Bitcoin's price structure
Conclusion
🧐 Old investors' low willingness to sell reflects deep confidence in the market's future
#Bitcoin #Capital #Market #Crypto
Background
💡 More than eighty percent of all bitcoins have not moved at all in the past six months
🔥 Long-term holders have added millions of coins to their holdings since 2020
Focus
🧐 The volume of transfers from old wallets was very small in the first half of the year
💡 Retail investors were sellers at first and then became buyers again in the third quarter
🔥 Financial reports point to reactive, cyclical behavior by retail buyers in the market
Implications
💡 Stable ownership in the hands of whales and veterans reduces sudden supply in the market
🧐 Continuation of this trend could strengthen Bitcoin's price structure
Conclusion
🧐 Old investors' low willingness to sell reflects deep confidence in the market's future
#Bitcoin #Capital #Market #Crypto
Persian original · View this post on Telegram ↗ · Open in the archive · 💬 Discuss in the Coin_Kurd Telegram group · Educational, not financial advice.