Bitcoin Long-Term Holders Hit Record Supply as ETFs Add $203M: What's Going On?
Bitcoin long-term holder supply hits a record as ETF inflows rise, but bulls must clear $69,340 amid renewed oil-driven risk.
More people are buying and holding Bitcoin for the long term, which usually means they believe in it. When lots of people want to own something and keep it, that can be a sign of confidence, but prices can still go up and down based on many other things happening in the world.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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