{"id":17078,"date":"2024-08-09T09:20:08","date_gmt":"2024-08-09T09:20:08","guid":{"rendered":"https:\/\/www.bitrabo.com\/discover\/?p=17078"},"modified":"2024-08-09T09:20:08","modified_gmt":"2024-08-09T09:20:08","slug":"bitcoin-holders-remain-steady-amid-market-turbulence","status":"publish","type":"post","link":"https:\/\/www.bitrabo.com\/discover\/bitcoin-holders-remain-steady-amid-market-turbulence\/","title":{"rendered":"Bitcoin Holders Remain Steady Amid Market Turbulence"},"content":{"rendered":"\n<p>Despite a recent crash in Bitcoin&#8217;s value, long-term holders of the cryptocurrency have shown resilience by increasing their holdings.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Positive_Trend_in_Bitcoin_Long-Term_Holder_Supply\"><\/span>Positive Trend in Bitcoin Long-Term Holder Supply<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Analysis by Ali Martinez indicates that Bitcoin&#8217;s long-term holders have added to their supply during the recent market downturn.<\/p>\n<p>Long-term holders are investors who have kept their Bitcoin for over 155 days, displaying a strong commitment to their investment compared to short-term holders.<\/p>\n<p>While short-term holders react swiftly to market fluctuations, long-term holders stay firm in their position regardless of price movements.<\/p>\n<p>The <em>Net Position Change<\/em> indicator reveals the net flow of Bitcoin entering or leaving the long-term holder group, showing a positive trend in recent months despite the market&#8217;s bearish behavior.<\/p>\n<p>Recent data shows that long-term holders have acquired 184,500 BTC, valued at over $10.8 billion, although this increase reflects purchases made five months ago due to the indicator&#8217;s 155-day delay.<\/p>\n<p>However, selling resets the age of Bitcoin to zero when transferred, excluding them from the long-term holder group.<\/p>\n<p>Although the recent increase in Bitcoin holdings by long-term holders does not indicate current accumulation, it does signify their unwavering commitment despite the market crash.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Bitcoin_Price_Update\"><\/span>Bitcoin Price Update<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>As of now, Bitcoin&#8217;s price hovers around $58,900, experiencing a nearly 7% decline in the past week.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Despite a recent crash in Bitcoin&#8217;s value, long-term holders of the cryptocurrency have shown resilience by increasing their holdings. Positive Trend in Bitcoin Long-Term Holder Supply Analysis by Ali Martinez indicates that Bitcoin&#8217;s long-term holders have added to their supply during the recent market downturn. Long-term holders are investors who have kept their Bitcoin for [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":17079,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"slim_seo":{"title":"Bitcoin Holders Remain Steady Amid Market Turbulence - Bitrabo","description":"Despite a recent crash in Bitcoin's value, long-term holders of the cryptocurrency have shown resilience by increasing their holdings. Positive Trend in Bitcoin"},"footnotes":""},"categories":[316],"tags":[7040,3777,580,448,979,1765,506,1755],"class_list":["post-17078","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-news","tag-10-billion","tag-add","tag-billion","tag-bitcoin","tag-crash","tag-hodlers","tag-holdings","tag-unfazed"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/posts\/17078","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/comments?post=17078"}],"version-history":[{"count":0,"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/posts\/17078\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/media\/17079"}],"wp:attachment":[{"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/media?parent=17078"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/categories?post=17078"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/tags?post=17078"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}