Summary
- It was reported that the amount of Bitcoin held by short-term holders has increased to its highest level since January.
- The aggressive buying by short-term investors was stated as a signal of upward momentum.
- Bitcoin is reported to be trading at $103,606, down 0.28% on the Binance USDT market.
The amount of Bitcoin (BTC) held by short-term holders has reached its highest level since January.
On the 13th (local time), Sentora (formerly IntoTheBlock) announced on X (formerly Twitter) that "the BTC holdings of short-term holders have reached their highest level since January," adding that "the aggressive buying by short-term investors is a signal that upward momentum is increasing."
As of 9:08 PM, Bitcoin is trading at $103,606, down 0.28% from 24 hours ago on the Binance USDT market.
Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
