Not only does the data from long-term holders indicate that investors are very interested in $BTC at prices below $70,000, but it can also be clearly seen from the Bitcoin holding distribution data.
When the price of Bitcoin is between $60,000 and $80,000, high-net-worth investors holding more than 10 Bitcoins are always in a trend of increasing their holdings.
Moreover, even small-scale investors holding less than 10 Bitcoins have also shown significant buying volume during this period. A rare trend of "universal accumulation" has emerged.
In other words, not only high-net-worth investors but even small-scale investors (retail investors) are buying Bitcoin and are currently focused on holding.
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