On April 4, according to Glassnode on-chain data, although Bitcoin price draws back 30% from its historical high in January and is still 25% away from its peak, the short-term holder group shows abnormal value investment characteristics. The group increased its holdings of 15,000 BTC against the trend, in sharp contrast to the 280,000 sold in the previous two months (some profitable orders were derived from the November-December market triggered by Trump's victory). Long-term holders continue to show firm belief, increasing their holdings of 400,000 BTC since February, and continued to absorb funds slightly in April, with a total holding of over 13.5 million (accounting for approximately 64.3% of the circulation).
No comments yet