Long-Term Bitcoin Holders Increase Stakes Amidst Uncertainties
CryptoNewsTerminal Staff16 Jul, 2024
Long-Term Bitcoin Holders Increase Stakes Amidst Uncertainties
Bitcoin's long-term investors have demonstrated unwavering confidence by increasing their holdings despite recent market concerns. According to data from IntoTheBlock, these holders, known for their extended investment horizons, have acquired more Bitcoin over the past week. From June 9th to 15th, their total holdings increased from 12.85 million BTC to 12.87 million BTC, indicating a bullish sentiment amidst the ongoing market volatility.