Analysis: Long term holders of Bitcoin have increased their holdings by 400000 BTC since February, and market confidence remains strong

2025-04-04 11:59

Odaily Planet Daily News: Since early April, the market confidence of both short-term and long-term holders of Bitcoin (BTC) has shown abnormal growth. Glassnode data shows that short-term holders (users who have held Bitcoin for less than 155 days) have increased their Bitcoin holdings by about 15000 since early April, and the total holdings are currently slightly over 3.7 million. Long term holders (those who have held for at least 155 days) have increased their Bitcoin reserves by 400000 coins since February and purchased a small amount of Bitcoin this month, bringing their total holdings to over 13.5 million coins. This indicates that even with the recent price stagnation, the confidence of long-term holders continues to strengthen. (CoinDesk)

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