According to a report by Jinse Finance, as reported by Cointelegraph, CryptoQuant analyst Amr Taha stated: Short-term over-leveraged traders have been completely washed out, while long-term holders have quietly seized the opportunity of market reset. While short-term traders face margin calls and forced liquidations, long-term holders (LTH) have taken a completely different approach by increasing their Bitcoin accumulation. Long-term investors are using this wave of sell-offs to increase their holdings and accumulate more Bitcoin for long-term positioning.