Bitcoin HODLer Dominance Rises To Record Levels, Bullish Sign?

Bitcoin HODLer Dominance Rises To Record Levels, Bullish Sign?

On-chain data shows the divergence between the Bitcoin long-term holders and short-term holders has grown to record levels recently.
Bitcoin Market Has Been Continuing Its Shift Towards HODLing
As an analyst in a post on X explained, the gap between the speculators and HODLers in the market has only grown wider recently. The “short-term holders” (STHs) and the “long-term holders” (LTHs) are the two primary cohorts that the entire Bitcoin market can be divided into.
The STHs refer to all those investors who purchased their coins less than 155 days ago, while the LTHs include the holders who have been holding onto their tokens beyond that period.
Statistically, the longer an investor keeps their coins dormant, the less likely they become to sell them at any point. Due to this reason, the STHs are usually the group with the weaker conviction of the two.
The LTHs often hold through volatile periods in the asset without moving an inch, which has earned them the popular name “diam

Czytaj więcej

We współpracy z: https://www.newsbtc.com/bitcoin-news/bitcoin-hodler-dominance-rises-to-record-levels-bullish-sign/

Total
0
Shares
Dodaj komentarz

Podobne Wpisy