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🤩 BTC. About accumulation
Long-term holders have accumulated 3.06 million BTC over the past 3 months. However, some of the "old" coins are now being sold at a loss.
LTH (Long-Term Holder) — a wallet or address that has not moved the received coins for 155 days or more.
It has been statistically proven that after 155 days of holding, the probability of selling a coin sharply decreases, even in the case of high market volatility. An increase in the LTH Supply metric (the supply in the hands of long-term holders) is usually interpreted as accumulation (a bullish signal). The sale of coins that have been inactive for more than 155 days (as in this case) — on the contrary, indicates that the most "resilient" market participants are locking in their positions.