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Record Bitcoin supply held by long-term holders may signal an early market bottom
๐Ÿช™ Crypto

Record Bitcoin supply held by long-term holders may signal an early market bottom

Cory Klippsten of Swan Bitcoin says the record amount of Bitcoin held by long-term holders could indicate the crypto market bottom will arrive earlier than in previous cycles. Long-term holders typically accumulate BTC during downturns, a behaviour that has historically preceded bull runs. Klippsten views this metric as a key argument for an early trend reversal.

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