IntoTheBlock: Short-term traders’ Bitcoin holdings hit a new low since mid-November
According to Jinse Finance, data from IntoTheBlock shows that the amount of Bitcoin held by short-term traders has dropped to the lowest level since mid-November. This data reflects a cooling of speculative trading activity, a decrease in new market participants, and investors waiting for clearer market direction guidance as the market enters a consolidation phase.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Phala Network and NOTAI: Empowering Trustless AI with TEE Technology
Circle launches Paymaster, enabling users to pay gas fees with USDC
Ethereum Launches 'Etherealize' to Woo Wall Street, Drawing Mixed Response
XRP's $2.9 Support Level in Focus Amid Bearish Pressure
Trending news
MoreCrypto prices
More
