Analyst Axel Adler, working in Cryptoquant, said that long -term investors added $ 3.3 billion bitcoins to their balance sheets.
The amount of BTC sold by the Hodler has decreased to the minimum indicator since September 2024. Over the past 20 days, their stocks of bitcoins have increased by 300,000. This is a bull signal, ”Adler wrote.
Cryptoquant includes long -term investors of people who store bitcoins for at least 155 days. Since May 7, they invested in cryptocurrency an additional $ 3.3 billion at the current BTC rate and did not massively sell coins to fix the profit at the peak of the price reached on May 22 at $ 112,000.
Judging by the schedule published by the axel, now the Hodler own 14.6 million bitcoins, respectively, they account for 73.5% of the coins released, and the remaining 26.5% of the coins belong to short -term investors responsible for stopping the bull rally. A decrease in the number of BTC in their crypto storages means a decrease in the descending pressure on the cost of a digital asset, so Adler evaluates the growth of coins in Kholer as a positive moment.
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Source: Cryptocurrency
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