Summary
- It was reported that the amount of long-term held Bitcoin (BTC) has increased significantly over the past 30 days.
- A CryptoQuant analyst stated that more than 1,019,000 BTC has been converted to long-term holdings.
- Bitcoin is currently trading at $106,700 on Binance's USDT market, up 1.25% compared to 24 hours ago.
It has been observed that the amount of Bitcoin (BTC) held long-term has increased significantly over the past 30 days.
On the 16th (local time), Martun, an analyst at CryptoQuant, announced via X (formerly Twitter), "Over the past 30 days, more than 1,019,000 BTC have transitioned into long-term holdings."
As of 10:32 PM, Bitcoin is trading at $106,700 on Binance's USDT market, up 1.25% from 24 hours ago.
Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
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