Summary
- It was reported that there is a difference in investment behavior between short-term investors and long-term investors in the Bitcoin market.
- Short-term investors are exiting the market, accepting losses.
- Long-term investors are absorbing the selling pressure and accumulating more.
As Bitcoin (BTC) shows a downward trend, an analysis has emerged highlighting the difference in investment behavior between short-term and long-term holders.
On the 9th (local time), CryptoQuant stated on X, "There is a clear difference in the behavior between short-term and long-term holders," adding, "Short-term investors are exiting the market, accepting losses, while long-term investors are absorbing the selling pressure."
As of 9:43 PM, Bitcoin is trading at $76,421 on the Binance USDT market, down 4.05% compared to 24 hours ago.
Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
