📊 Data Update on the Bitcoin Chain: Unprecedented Accumulation by Long-Term Holders
Long-term holders (LTHs) are currently accumulating Bitcoin at an unprecedented rate, buying 800,000 Bitcoins per month — the highest rate in Bitcoin's history. 🧱🔥
This intense accumulation reflects a strong conviction and solid confidence in the long-term value of Bitcoin, despite the recent market volatility.
🔍 What does this mean:
The behavior of long-term holders often precedes major bullish cycles.
These coins are being pulled from circulating supply, creating supply-side pressure that could push prices higher over time.
It also indicates that "smart money" is buying on the dip, preparing for the potential upcoming rise.
Stay focused — when long-term holders are buying with such strength, they might be seeing what the rest of the market does not yet see.
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