Summary
- "Recently, an analysis has emerged that although Bitcoin has rebounded, short-term holders are not returning."
- "IntoTheBlock stated that despite Bitcoin's rebound, the number of short-term holder addresses is not increasing."
- "The number of Bitcoin short-term holders decreased from approximately 3.06 million in January to 2.53 million currently."
Despite the rebound of Bitcoin (BTC), an analysis has emerged that short-term holders are not returning.
On the 23rd (local time), IntoTheBlock stated on X, "Recently, Bitcoin has rebounded, but short-term holders are still not returning," adding, "The number of Bitcoin short-term holders is not increasing. An increase in short-term holder addresses would signal heightened interest in Bitcoin."
Meanwhile, according to the data, the number of Bitcoin short-term holders has shown a continuous decline. As of January, the number of Bitcoin short-term holder addresses recorded approximately 3.06 million, and it has now decreased to 2.53 million.
Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
