According to a report by CoinJie.com, CryptoQuant founder Ki Young Ju said that while the Bitcoin price is basically the same as it was two years ago, the holder structure has changed significantly. Data shows that investors holding Bitcoin for 6 months to 2 years account for 53% of the realized market cap, up from 15% two years ago. He noted that when Bitcoin bottomed out in the previous cycle, the figure was 68%, and believes short-term holders are gradually turning into long-term holders.
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