"#BTC long-term investor holdings soaring"
This week, long-term holders (LTH) saw a significant increase in their holdings. The attached chart is an indicator of the change in net position of long-term holders (30-day average), which shows the increase or decrease in the net position (30-day average) of holders who have held Bitcoin for more than 6 months.
The surge in long-term supply at Bitcoin's current level above $100,000 is a clear indication of a strong willingness to hold, with those starting to hold in the $95,000~$107,000 range being bought.
In the past, this level of spike has only happened six times, and it is likely that there will be significant price fluctuations in the future.
by: @Darkfost_Coc
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