Analyst: Bitcoin Long-Term Holders Accumulate BTC During Market Pullback
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.
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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