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Bitcoin 2024 trends Flash News List | Blockchain.News
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List of Flash News about Bitcoin 2024 trends

Time Details
2025-05-02
17:39
Bitcoin Long-Term Holders Accumulate Over 254,000 BTC as Spending Remains Low: Trading Implications for 2024

According to Glassnode, Long-Term Holders have accumulated an additional 254,000 BTC that have aged over 155 days since the recent market low, with many purchases reportedly made above the $95,000 level. Current on-chain data shows limited spending activity among these holders, indicating renewed confidence and a lack of de-risking at prevailing market prices. This accumulation trend suggests strong holding sentiment and potential support levels, which are important factors for traders monitoring Bitcoin price stability and upward momentum (source: Glassnode).

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