Ki Young Ju, CEO of CryptoQuant, stated that Bitcoin (BTC ($101,974.29)) $101,521 is currently exhibiting classic bull market behavior based on network data. In a recent announcement on the social media platform X, he expressed that short-term BTC investors are entering the market while long-term investors are accumulating BTC.
Short-Term vs. Long-Term Investors
Short-term BTC investors hold their coins for less than 155 days, whereas long-term investors retain their coins passively for 155 days or more. In bull markets, a surge in asset flow from long-term investors to new traders is anticipated, which could drive the market’s momentum. Despite recent dips, BTC continues to hover in the six-figure range, making it challenging to discuss a bearish trend from a fundamental and technical perspective.
The Role of Large Investors
According to the analytics firm’s CEO, the transfer of BTC from long-term to short-term investors is typically seen in previous bull markets, which is viewed as a positive sign for the market. Ki stated that President Trump’s “global promotional eff…
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