Robust Accumulation by Bitcoin Short-term Holders

Robust-Accumulation-by-Bitcoin-Short-term-Holders

In recent months, according to data from Bitcoin Realized Cap Hold Waves, short-term holders of Bitcoin have accumulated significant amounts of Bitcoin.

Based on this metric, now 50% of the realized Bitcoin cap belongs to short-term holders, who tend to hold onto their Bitcoins for longer periods.
In addition to this definition, the Bitcoin market, evaluated based on RC valuation, is entering a danger zone similar to the 2019 price cycle. This is because the increased value held by short-term holders may lead to a tendency to take profits or exit, causing market volatility.

Consequently, it may be prudent in the coming days to exercise caution in market decisions and adopt a strategy of patience while observing Bitcoin price movements.