Analyst: In recent months, long-term investors have been taking profits by selling, while new entrants continue to accumulate and hold for the long term.
Jinse Finance reported that CryptoQuant.com analyst Crazzyblock stated, "The pattern has remained consistent in recent months: long-term investors are taking profits by selling, while new market entrants continue to accumulate and choose to hold for the long term." This can be understood through bitcoin's realized dominance and its reflection of market behavior.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Update: Pfizer Agrees to Share Incremental Overseas Drug Revenue With HHS
Dow Jones 1:30 PM Averages
Kinetic Seas 10% owner Jeffrey William Lozinski sells 100,000 shares worth $2,900
Crypto prices
More
