Bitcoin Short-Term Holders Accumulate Over 220,000 BTC Since June 21

BlockBeats News, August 12th, according to Glassnode data, since June 21st, short-term holders (investors holding Bitcoin for less than 155 days) have increased their holdings by over 220,000 BTC (+9.9%). While this growth is noteworthy, it is still relatively moderate compared to the period from January to March this year, when the supply held by short-term holders surged by 540,000 BTC (+25%) in one of the most intense rotations of this cycle.

Disclaimer: This content is provided for general branding and informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online events, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets or to use any services. Crypto assets are highly volatile and may result in loss. WEEX services and online events may not be available in all regions and are subject to applicable laws, regulations, and eligibility requirements. You are responsible for ensuring that your use of WEEX services complies with local laws and for carefully assessing the risks before participating in any crypto-related activities.