Short-term holders now hold 4.08 million $BTC. Are they all buying the dip? 👀
According to analyst Axel Adler Jr., holdings in this group have risen to their highest level since mid-June, up about 422,000 BTC from the July 29 low.
More coins have recently changed hands, but how long these holders will hold depends on the price. If buyers step in during pullbacks, there may be room to move higher; if everyone rushes to sell at the first drop, volatility could increase. I’ll be watching for buying support rather than treating rising holdings as a buy signal.
🎁🧧
#比特币短期持有者持仓升至408万枚
According to analyst Axel Adler Jr., holdings in this group have risen to their highest level since mid-June, up about 422,000 BTC from the July 29 low.
More coins have recently changed hands, but how long these holders will hold depends on the price. If buyers step in during pullbacks, there may be room to move higher; if everyone rushes to sell at the first drop, volatility could increase. I’ll be watching for buying support rather than treating rising holdings as a buy signal.
🎁🧧
#比特币短期持有者持仓升至408万枚
