Analysis: BTC Short-Term Holder Positions Rise to Highest Since January, Indicating Potential Increase in Bullish Market Momentum
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ChainCatcher reports that Sentora (formerly IntoTheBlock) stated on platform X that the number of Bitcoins held by short-term holders has surged to its highest level since January this year.
This type of rapid increase usually indicates that new market entrants are actively accumulating and often coincides with periods of heightened bullish sentiment.
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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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