CryptoQuant Analyst: BTC long-term holders have achieved a market value breakthrough of 10 billion US dollars for the first time
CryptoQuant analyst Amr Taha stated, "The realized market value of long-term holders has exceeded $10 billion for the first time." This means that this group has spent a total of $10 billion to purchase BTC, considering the price at which each BTC was last sold. Cryptocurrency analysis company Bitbo stated that the realized market value is "often compared with regular market value to understand the overall market atmosphere". It is reported that long-term holders refer to addresses holding coins for more than 155 days. Taha explained that once the holding period exceeds 155 days, these holders' "likelihood of selling will greatly decrease, meaning they are less likely to sell their positions during short-term market fluctuations."
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