IntoTheBlock: Short-term traders' Bitcoin holdings hit a new low since mid-November
IntoTheBlock data shows that the number of Bitcoins held by short-term traders has dropped to its lowest level since mid-November. This data reflects a cooling speculative trading fever, a decrease in new market participants, and investors waiting for clearer market direction guidance. The market has entered 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.
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