Guavy AI Editorial TeamSentiment: 2Clout: 40

Bitcoin Supply Shifts to Stronger Hands

Crypto market analytics firm CryptoQuant has released data revealing a significant shift in Bitcoin's supply dynamics. In the last 30 days, long-term holders have accumulated 303,000 BTC, while short-term holders have sold off 290,000 BTC.

This trend suggests that stronger hands are accumulating Bitcoin, which could be indicative of an accumulation phase. During this time, investors with a longer-term perspective are increasing their holdings, while those with shorter-term views are reducing theirs.