Bitcoin

In the face of recent regulatory issues surrounding major cryptocurrency exchanges like Binance and Coinbase, Bitcoin long-term holders remain unperturbed, with a mere 0.004% of their supply sent to exchanges, as reported by Glassnode, a renowned analytics platform. This striking inactivity underlines the cohort&#39;s indifference toward the heightened market distress and reflects a firm belief in Bitcoin&#39;s future growth potential.Glassnode has shared an intriguing tweet regarding Bitcoin&#39;s Long-Term Holder Supply:<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/992420e1b07b466f9d5ba74972aaee4a.png" />CryptoQuant.com, a prominent blockchain analytics platform, echoes this optimistic sentiment, indicating that the possibility of Bitcoin price growth is far from over. A recent <a href="https://twitter.com/cryptoquant_com/status/1668120092453003264" rel="noopener noreferrer nofollow">analysis </a>by CryptoQuant contributor Crazzyblockk observed that when the pocket value of these long-term holders surpasses a specific level, it signifies a robust interest in remaining in the market and achieving profitability.While market distress and regulatory challenges could often trigger panic and prompt investors to offload their assets, long-term Bitcoin holders have adopted a more measured and composed approach. By maintaining their positions, they exhibit a long-term perspective on the market and a belief in the underlying value and potential of Bitcoin.Read full article at <a href="https://cryptotale.org/bitcoin-holders-stay-firm-amid-exchange-woes-anticipate-future-growth/" rel="noopener noreferrer nofollow">CryptoTale.</a>

Bitcoin Holders Stay Firm Amid Exchange Woes, Anticipate Future Growth

CryptoTale

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