Analyst: Bitcoin Long-Term Holders Accumulate BTC During Market Pullback
According to a report by Jinse Finance, as reported by Cointelegraph, CryptoQuant analyst Amr Taha stated: Short-term over-leveraged traders have been completely washed out, while long-term holders have quietly seized the opportunity of market reset. While short-term traders face margin calls and forced liquidations, long-term holders (LTH) have taken a completely different approach by increasing their Bitcoin accumulation. Long-term investors are using this wave of sell-offs to increase their holdings and accumulate more Bitcoin for long-term positioning.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Ark Invest buys Nvidia stock for the first time since August
The largest BTC short position on Hyperliquid has an unrealized profit of $31.8 million.
