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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

BTC-3.04%

BAND-6.06%

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.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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