Yello, Paradisers! 😎 Let’s unpack some intriguing insights.
💎First up, about 90% of short-term Bitcoin holders are currently underwater. A whopping 20% of all Bitcoins in circulation are held by small-scale investors with 10 or fewer BTC. Most of this accumulation happened when BTC was hovering around $30k. But here’s the silver lining: the selling pressure from these short-term holders is dwindling fast.
Continue reading 👉 here