Analysis: Long-term holders have increased their holdings by 400,000 bitcoins since February, indicating strong market confidence

ChainCatcher news, since the beginning of April, both short-term and long-term holders of Bitcoin (BTC) have shown an unusual increase in market confidence. According to Glassnode data, short-term holders (users holding Bitcoin for less than 155 days) have increased their Bitcoin holdings by approximately 15,000 coins since early April, with a total holding slightly above 3.7 million coins.

Long-term holders (users holding for at least 155 days) have increased their Bitcoin reserves by 400,000 coins since February, and have purchased a small amount of Bitcoin this month, bringing their total holdings to over 13.5 million coins, indicating that even in the face of recent price stagnation, the confidence of long-term holders continues to strengthen.