Despite market uncertainty, long-term Bitcoin holders stay strong, retail investors and whales show interest, and sentiment remains bullish for the future of BTC.
Retail investors and whales showed growing interest in BTC.
holders have continued to display unwavering faith in BTC, unaffected by the recent market volatility., the spending of mature coins, which have been held for an extended period, remained relatively inactive compared to their typical level, even amidst significant year-to-date price fluctuations. This suggested that long-term holders were holding steadfast, not succumbing to panic selling or excessive trading.
This indicated that there had been relatively less activity in terms of Bitcoin spending lately, highlighting long-term holders’ patience and confidence.Alongside the increased positive sentiment showcased by long-term holders, retail investors have also begun showing interest in the king coin. According to Glassnode’s data, the number of addresses holding more than 1 coin has reached an all-time high of 4,394,881.
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