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Bitcoin Holders Return To Accumulation, Why This Is Bullish

Bitcoin Holders Return To Accumulation, Why This Is Bullish


Bitcoinist
2024-08-13 23:30:00

The latest insights from Glassnode’s “Week Onchain” newsletter reveals a major shift in Bitcoin market dynamics as long-term holders (LTHs) and large investors appear to be resuming a pattern of accumulation. This trend marks a departure from the extensive distribution observed earlier this year, offering a potential bullish outlook for Bitcoin, despite the broader market’s


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