Long-term Bitcoin holders resume accumulation, adding almost 70,000 BTC post-downturn
CAT
1 min read
Quick Take Glassnode data suggests that long-term holders who have held Bitcoin (BTC) for over 155 days are actively accumulating after offloading around 1 million BTC since late 2023. This cohort, known for selling into profits when Bitcoin reaches new all-time highs, has increased its holdings by approximately 70,000 BTC from the cycle bottom. Their […]
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Long-term Bitcoin holders resume accumulation, adding almost 70,000 BTC post-downturn
