Bitcoin whale behavior is showcasing a distinct contrast between long-term holders (LTH) and short-term holders (STH), according to recent data. LTH whales, who possess over 1,000 BTC for more than 155 days, continue to accumulate strategically, thereby reducing sell pressure. Meanwhile, STH whales are more reactive, contributing to short-term market volatility during price dips.
Chain analysis from CryptoQuant reveals that STH whales currently hold 1.07 million BTC at an average cost of $111,299, whereas LTH whales hold a larger 3.72 million BTC at an average cost of $41,887. Despite the fluctuations driven by STH activity, Bitcoin's price has shown resilience, recording a 0.33% increase in the past four hours and a 2.04% rise over the last week.
Bitcoin Whale Activity Highlights LTH Stability Amid STH Volatility
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