CryptoNeutralNewsBTC · 3h ago6/10
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Bitcoin Registers Record 15.8M Long-Term Holders Amid Price Decline – Here’s Why
Bitcoin has reached a record 15.8 million long-term holders despite a 9% price decline since May, indicating strong investor conviction but revealing an underlying demand shortage. While the surge in long-term holders traditionally signals bullish sentiment, analysts interpret this as evidence that the market lacks sufficient new buyer demand to drive price appreciation, suggesting Bitcoin may remain in a demand-recovery phase.
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