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Joao Wedson: Long-term holder momentum in Bitcoin sees one of the largest spikes
Joao Wedson, industry influencer, reports that long-term holder momentum for Bitcoin has just experienced one of the largest spikes in its history.
This metric, which tracks the 30-day rolling average percentage change in supply held by long-term holders, indicates that investors who typically keep their Bitcoin for extended periods are increasing their holdings.
Wedson has previously recommended a Bitcoin trading strategy based on key on-chain data to help identify risk and market signals. He also recently noted that skepticism is rising online over whether the Bitcoin cycle will repeat as more people question historical trends. His recent observations continue a focus on investor behavior and shifting market signals.
This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.
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