CryptoQuant CEO: Investors who hold BTC for 2 to 3 years in the Bear Market have sold about 67% Holdings

2024-07-22 16:52:00

Abstract generation in progress

Odaily Planet Daily News CryptoQuant CEO Ki Young Ju wrote in a post on X, "If you are selling BTC now, you may not hold BTC for more than 3 years because veteran holders do not sell." -Investors in the Bull Market (holding for 6 months to 2 years) sold most of their BTC Holdings when BTC approached the previous all-time high;

Investors in the Bear Market (holding period of 2 to 3 years) sell approximately 67% Holdings;
Senior investors who have experienced long cycles (holding for more than 3 years) have shown historical highs in UTXO supply at all age bands.

BTC5.99%

X30.99%

BAND9.95%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

1 Likes