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Long-term holders increased their holdings by 303k Bitcoin in the past 30 days, while short-term holders reduced their holdings by 290k.
Golden Finance reports that on April 23, CryptoQuant data shows that Bitcoin holdings are becoming more concentrated among strong hands. Over the past 30 days, long-term holders have increased their holdings by 303k BTC, while short-term holders have reduced their holdings by 290k BTC. The market selling pressure has been cleared by weak hands and absorbed by strong hands, continuously optimizing the chip structure.