Wedson's recent analysis reveals that the 3.9 holder ratio for Bitcoin has continued to rise, indicating an increase in long-term investor participation. This trend suggests that a growing portion of the market is held by investors who are unlikely to sell their coins quickly. The data also shows that short-term speculative activity remains relatively low.
Source
"Bitcoin's 3.9 Holder Ratio Suggests Long-Term Investors Dominate Market" — CryptoPotato
This article is Bitcoincryptos' summary and analysis of reporting originally published by CryptoPotato. Read the full original report at the link above.
Such a concentration of capital among long-term holders may have implications for market volatility and potential price movements.
BTC · 7D · $63,752+0.9%