Short-Term Bitcoin Holders Accumulate Over 4M BTC
- Short-term Bitcoin holders (STHs) have added over 1.5 million BTC since September 2024, bringing their total to 4 million BTC.
- STHs are defined as those holding Bitcoin for less than 155 days.
- Historical data shows STHs held nearly 5 million BTC in the 2013 cycle and 6.2 million in the 2017 cycle.
- Long-term holders sold off approximately 1.2 million BTC after prices exceeded $100K.
The current accumulation of Bitcoin by short-term holders, totaling over 4 million BTC, indicates potential for further market activity as long-term holders have reduced their positions.
Source (2.6)https://www.newsbtc.com/news/bitcoin-short-term-investors-now-hold-over-4m-btc-can-btc-bull-100x/?rand=52377