Bitcoin’s long-term holder supply ratio has risen significantly during the current correction, CryptoQuant analyst Darkfost said. Many traders have continued buying and holding BTC for more than six months through the pullback.
Darkfost noted that this behavior is common during bear markets or major corrections. Because long-term holders’ Bitcoin liquidity is much lower, the rising share of long-held supply may help form solid bottom support and represents a gradually accumulating positive long-term signal.
Bitcoin Long-Term Holder Supply Ratio Rises During Correction
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
