Summary
- The Bitcoin holdings of long-term holders are reported to be at the lowest level since July 2022.
- In the cycles of 2017 and 2021, there were decreases of 26% and 15%, but this week the decrease is only 9.8%.
- It is reported that Bitcoin long-term holders are gradually reducing their holdings.
The Bitcoin holdings of long-term holders have reached the lowest level since July 2022.
On the 2nd (local time), IntoTheBlock reported that "the Bitcoin holdings of long-term holders are at the lowest level since July 2022," and that "Bitcoin long-term holders are gradually reducing their holdings."
However, "the decrease in Bitcoin holdings is not as severe as in the past," explaining that "in the cycles of 2017 and 2021, there were decreases of 26% and 15%, respectively."
It was added that "in this week, the decrease is only 9.8%."
Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
