Data: Bitcoin long-term holders have increased their holdings by over 250,000 BTC in the past two months
ChainCatcher news, according to Cointelegraph, RWA tokenization platform Brickken analyst Enmanuel Cardozo stated that although Bitcoin may experience short-term declines, the rebound after the FOMC meeting is a positive signal for market participants. He believes that investors should focus on the accumulation of long-term Bitcoin holders rather than short-term fluctuations to gauge Bitcoin's trend, adding, "As seen in on-chain data, long-term holders continue to accumulate quietly."
Glassnode data shows that the BTC holdings of long-term Bitcoin holders have increased by over 250,000 BTC in less than two months, rising from 13.1 million BTC on February 11 to over 13.3 million BTC on March 22.
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