📰 【Nearly 300,000 Bitcoins accumulated by long-term holders in the past 30 days, while short-term holders sold 290k Bitcoins】


BlockBeats news, April 23, according to CryptoQuant data, over the past 30 days, long-term holders have accumulated 300,000 Bitcoins, while short-term holders have sold 290k Bitcoins. This data seems to confirm that Bitcoin is in an accumulation phase, with supply flowing to more steadfast holders.
Seeing this data, I feel both angry and amused. The old hands quietly hoard, new hands panic and sell, I’ve seen this script for eight years and it’s never changed. Every time, smart money quietly picks up at the bottom, and when those who can’t hold on get shaken out, the market starts again and they get caught off guard. The supply of $BTC is becoming tighter; if you don’t accumulate now, are you waiting for FOMO to push the price to the top and then become fuel? It’s really frustrating to see this happen!
BTC-0.91%
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